Ideal Shopping Direct PLC
03 April 2007
3 April 2007
IDEAL SHOPPING DIRECT
Retirement of Jim Hodkinson
Ideal Shopping Direct Plc has today announced that Jim Hodkinson, Chairman, has
decided to spend more time on his other business interests, and has informed the
Board of his intention to step down as soon as a new Chairman has been
appointed.
Jim Hodkinson commented:
"I have enjoyed my time with Ideal and leave the Group in good shape and with a
sound and solid platform to take full advantage of its many opportunities, as
the digital TV revolution rolls out across the UK in the next few years.
"Having established that platform, the time has come for me to focus on other
interests, and I have informed the Board that I will step down as soon as a new
Chairman is appointed, or by August 1st at the latest."
Andrew Fryatt, CEO, commented:
"Whilst we understand that Jim now has other business commitments that require
more of his time, on behalf of all Ideal's employees I would like to say that we
are sorry to see him go and wish him well for the future. In the three years
since Jim joined Ideal as Chairman, there has been immense change in the
business and we all thank him for his outstanding contribution to our Company."
Enquiries:
Ideal Shopping Direct Plc Tel: 08700 780704
Andrew Fryatt, CEO
Reputation Inc Tel: 020 7758 2800
Tom Wyatt
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.