TIDMILX

RNS Number : 3623P

ILX Group PLC

24 October 2012

ILX Group PLC

("ILX" or "the Company")

Board Restructuring

ILX Group plc (AiM: ILX), the AIM quoted leading provider of e-learning software and business training, announces that the following directors have agreed to step down from the Board: Jon Pickles, Eddie Kilkelly - both executive directors, and Damien Lane and Paul Virik - non-executive directors. Paul Lever, former Chairman, remains as non-executive, independent director.

Eddie Kilkelly will remain in his managerial role whilst the resignation of Jon Pickles was announced on 9(th) August 2012 and he will be leaving the business when his successor has been formally appointed.

Wayne Bos, executive chairman of ILX Group plc, commented:

"ILX is entering a different chapter in its development and the board changes reflect this. I look forward to continuing to review the current business and taking advantage of potential opportunities that come our way."

"I would like to thank Damien Lane and Paul Virik for their contributions on the board. Eddie Kilkelly will continue to concentrate on his executive responsibilities while Jon Pickles will remain in charge of finance until a replacement is engaged and a handover completed."

24 October 2012

For further information, please contact:

   ILX Group plc                                                         020 7751 7100 

Ken Scott, Chief Executive

   FinnCap                                                                 020 7220 0500 

Marc Young - Corporate Finance

Tom Jenkins - Corporate Broking

   Lothbury Financial Services Limited                   020 3440 7620 

Michael Padley / Chris Roberts

Editors' Note

ILX Group plc (www.ilxgroup.com) is a leading provider of Best Practice learning products and services to the private and public sectors. ILX offers a variety of accredited technology led course, including PRINCE2, ITIL and ISO2000 through a blend of traditional classroom, workshops & live forums and digital learning. It has developed its own proprietary software and is the market leader in PRINCE2.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBKNDBPBDDKKB

ILX (LSE:ILX)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more ILX Charts.
ILX (LSE:ILX)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more ILX Charts.