Business
Appointment of COO
Appointment of COO.
About this update from Caledonian Holdings Plc.
[{"type":"text","content":"\n Deal Group Media PLC\n18 January 2006\n\n\nPress Release 18 January 2006\n\n Deal Group Media plc\n\n Board Changes\n\n\n\nThe Board is pleased to confirm that the guidance for 2005 is maintained.\nChristmas trading has been consistent with the company's expectations.\n\n\n\nFollowing a review of the business by the Chairman John Porter, the Board have\ndecided to make the following immediate management changes. Andrew Dickson,\nChief Financial Officer, will combine this role with Chief Operating Officer and\nwill report directly to the Chairman. Andrew will be responsible for Group\noperations and technology. As part of this review Mark Hopwood, the Chief\nTechnical Officer, has resigned and will be leaving the Company at the end of\nJanuary.\n\n\n\nAdrian Moss will continue as CEO, and will focus on the international expansion\nof the business and developing new areas of business in this evolving market.\n\n\n\nAfter a review by the Remuneration Committee it has been decided to issue\n4,000,000 additional share options to Andrew Dickson due to his new role within\nthe business, at the mid price as at 4:30pm on Tuesday 17th January.\n\n\n\nDeal Group Media will announce Final Results for the year ended 31 December 2005\non Monday 16th March.\n\n\n\nJohn Porter, Chairman of Deal Group Media plc, said: 'Following my review of the\nbusiness I believe that these management changes will enable the change in\nstrategy to put our clients ahead in a fast growing and competitive market. Our\ntechnology must become more intuitive and allow our clients to choose their\nlevel of interaction. I look forward to presenting the Results and our Strategic\nPlan on Monday 16th March.'\n\n\n\n\n\n\nFor further information, please contact:\nAbchurch Communications\nAriane Comstive / Charles Jack Tel: +44 (0) 20 7398 7700\[email protected] www.abchurch-group.com\n\n\nPanmure Gordon & Co.\nGrant Harrison Tel: +44 (0) 20 7459 3600\n\n\n\n\n\n - Ends -\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2317,"tagName":"div"}]