Business
Board Appointment
Board Appointment.
About this update from Ithaca Energy Plc
[{"type":"text","content":"\n ITIS Holdings PLC\n23 July 2007\n\n\nITIS Holdings plc Board Appointment\n\nITIS Holdings Plc ('ITIS' or 'the Company') is pleased to announce that Dr Gary\nGates, International Business Director, has been promoted to the ITIS Holdings\nplc board with immediate effect. Gary, 38, joined the Company in January 2001\nas Product Development Manager and was appointed to his current role in 2004.\nGary has successfully overseen ITIS' expansion into new markets in Australia,\nBelgium, Czech Republic, Ireland, Spain and the United States. Building upon\nthe strengths of the UK business model, the Company has been encouraged by the\nsuccess achieved internationally and believes that there is significant growth\npotential, which will lead to these new markets having a higher profile within\nthe Company.\n\nSir Trevor Chinn, Chairman, ITIS, commented 'I have been very pleased with the\nway Gary and his team have developed and opened up new markets. The Board join\nme in congratulating Gary on his appointment which clearly demonstrates our\ncommitment to the expansion of our international business.'\n\nDr Gates has no shares in the Company.\n\nDr Gates holds the following options in the Company:\n\n\nOption Scheme Number of Options Exercise Price Date of Grant\n\nEMI scheme 100,000 7.5p 02/12/2002 \n 129,011 64.5p 07/11/2006\n\nApproved 44,776 64.5p 07/11/2006\n\nUnapproved 151,213 64.5p 07/11/2006 \n\nAll the above options are exercisable over the 2p Ordinary Shares in the\nCompany.\n\nDr Gary Gates has no further disclosures to make under paragraph g, Schedule Two\nof the AIM rules.\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2058,"tagName":"div"}]