Corporate Update

RNS Number : 9308A

Dods (Group) PLC

10 April 2012

 



Dods (Group) PLC

Civil Service Training / Acquisition of De Havilland / Preliminary Announcement / Directorship Change

Civil Service Training

Dods (Group) plc, (LSE: DODS, "Dods" or "the Group"), a leading supplier of policy and other training to the UK Civil Service, notes the confirmation that a Prime contractor has been selected by Civil Service Learning to  manage the provision of common curriculum training across the Civil Service.

Dods can confirm that it has a relationship, established during the bidding process, with the winning Prime contractor and that it has been officially appointed as the subcontractor of Policy training and modules from the programme known as "How to be a civil servant"

No estimate of the financial effect of this on the results of the Group are possible at this time, pending the formulation and roll out of the new training, but this is expected to result in the Training business providing the fastest organically growing part of the Group in 2012. Further announcements will be made when appropriate.

Outside of the Civil Service Learning contract, Dods has recently won a contract from the Foreign & Commonwealth Office for the provision of EU Skills training for an initial term of 2 years with an option for a further 2 years. This contract is worth £80,000 per year.

Acquisition of De Havilland and Preliminary Announcement

Discussions with the OFT continue with regard to the acquisition of DeHavilland. Dods has requested a minimal extension to the clearance deadline to enable the provision of requested market data and expects a decision early in May, at which time the Preliminary Announcement of the results of the Group for the year ended 31st December 2011 will be announced.

Directorate Change

As announced on 7th February 2012, Rupert Levy, the Company's Finance Director, left the Company on the 5th April.  The Board is pleased to announce the appointment of his successor, Keith Sadler to the Group. Keith, who will join on 18 April 2012, is currently CFO of Weare2020 plc and previously has held a number of senior roles within the Media industry, including SPG Media Group PLC and CFO of The Wireless Group PLC.

The Board would like to thank Rupert for his contribution to Dods since he joined in 2008 and wish him every success in his future career.

Keith Sadler: Disclosures pursuant to AIM Rule 17

Keith John Sadler, 53 has been a director or partner in the following companies during the five year period immediately preceding his future appointment to the board of Dods (Group) plc.

Current directorships/partnerships

Alphanumeric Group Holdings Limited

Alphanumeric (Holdings) Limited

Alphanumeric Limited

Creating a Line Media Limited

DIG for Fire Limited

Digital Marketing Group plc

Digital Marketing Group Services Limited

Gasbox Limited

Graphic New Media Limited

HSM Ltd

Hyperlaunch New Media Limited

Inbox Media Ltd

ISIS Direct Limited

Jaywing Central Limited

Jaywing Information Limited

Jaywing Limited

Junction Brand Communications Ltd

Prodant Limited

Scope Creative Marketing Limited

TLA Worldwide plc

Weare 20:20 Limited

20:20 Agency Limited

20:20 Connect Limited

20:20 Dialogue Limited

20:20 London Limited

2020DMG Limited

20:20 Media & Analytics Ltd

20:20 Network Limited

20:20 Technology Limited

Past directorships/partnerships

SPG Media Group Limited

Keith currently has no shareholding in the Group. There are no further disclosures required pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

For further information please contact:

Dods (Group) plc [phone]

Gerry Murray, Chief Executive

Cenkos [phone]

Nicholas Wells / Adrian Hargrave

 

END

 

 

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