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PeerTV PLC (PTV)

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Thursday 29 October, 2015

PeerTV PLC

Resignation of subsidiary director

RNS Number : 7769D
PeerTV PLC
29 October 2015
 

PeerTV plc

 

("PeerTV" or the "Company")

 

Resignation of subsidiary director

 

It is with regret that the board of the Company announce the resignation of Wes Wilcox as Chief Executive of PeerTV Limited, the company responsible for the group's set top box business.

Mr Wilcox has given a number of reasons which, taken together, have lead him to resign. These include both personal reasons combined with the difficulties of financing and managing the proposed turnaround of the set top box business and the personal demands that this would make.

Commenting on the resignation Eitan Yanuv, the Company's Chairman said "I would like to thank Wes for his contribution to the business and we are sorry that he has found it necessary to resign at this critical point in the Company's development."

 

 

Further enquiries:

 

PeerTV Plc

Eitan Yanuv, Chairman                                                                                            

Tel: +972 974 07315

 

ZAI Corporate Finance Limited

Tim Cofman / Richard Morrison / Jamie Spotswood

Tel: +44 20 7060 2220

 

Daniel Stewart & Company plc

David Coffman

Tel: +44 207 776 6550

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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