Management Changes
April 09 2009 - 5:45AM
RNS Non-Regulatory
TIDMIMAC
Ingenious Media Active Capital Ltd
09 April 2009
9 April 2009
Ingenious Media Active Capital Limited
Management Changes
Ingenious Asset Management Ltd ('IAM' or the 'Manager'), part of the Ingenious
group and whose division, Ingenious Ventures, is investment manager to Ingenious
Media Active Capital Limited ('IMAC' or the 'Company') has today informed IMAC's
board of directors that one of the Manager's directors, Sanjay Wadhwani, has
decided to leave the Ingenious group. Mr Wadhwani joined the Ingenious group in
2000, working initially with Ingenious Corporate Finance Ltd, until joining
Ingenious Ventures Ltd as a director in 2006. Mr Wadhwani will continue to work
with IAM to effect a smooth transition of his responsibilities.
Ingenious Media's chief executive, Patrick McKenna said 'I would like to thank
Sanjay for his contribution to Ingenious Media over the last 9 years and we wish
him well for the future.'
IAM also announces that Duncan Reid, Ingenious group's commercial director and
an existing member of IAM's investment committee, will join IAM's board of
directors.
For further information, please visit www.imaclimited.com or contact:
Ingenious Ventures, a trading division of the IAM, investment manager to
IMAC
Patrick McKenna / Patrick Bradley
020 7319 4000
Canaccord
Adams Limited (Nomad to IMAC)
Mark Williams / Adria Da Breo Richards
020
7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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