Disposal and Director Change

RNS Number : 0827G

Feedback PLC

03 June 2013

 



3 June 2013

Feedback plc

("Feedback" or the "Company")

Further re. Disposal of Feedback Data plc and Director Change

Further to the announcement made on 30 May 2013 which confirmed that the Company's shareholders had approved the disposal of Feedback Data plc ("Feedback Data") to Belgravium Technologies plc ("Belgravium") ("the Disposal"), the Company is pleased to announce that the Disposal was completed as at close of business on 31 May 2013.

Director Change

Upon completion of the Disposal Mark Bird, Group Sales Director, resigned as a director of the Company in order to concentrate on his role as Managing Director for Feedback Data plc under its new owners.

Nick Shepheard, Executive Chairman, commented:

"I'm pleased to have concluded the Disposal of Feedback Data and the Board will now begin actively seeking new investment opportunities whilst continuing to push forward with the disposal of the Company's one property asset.

Mark has worked tirelessly to improve the sales culture in the Feedback businesses since he joined the Company and the board is grateful for the contribution he has made during that time."

For further information contact:

Feedback plc
Nick Shepheard	Tel: [phone]
Sanlam Securities UK Limited (Nominated Adviser and Broker)
Simon Clements	Tel: [phone]

 

END

 

 

DISFTMTTMBAMTTJ