AGM Statement & Director Change
August 31 2010 - 3:40AM
UK Regulatory
TIDMTNG
RNS Number : 8475R
Tangent Communications PLC
31 August 2010
Tangent Communications plc
AGM Statement and Director Change
Tangent Communications plc, a leading provider of Intelligent Marketing and
Technology, announces that at its Annual General Meeting, to be held at 11.00am
today, Piers Caldecote, Chairman of Tangent, will make the following statement:
"Trading in the first five months of the current financial year is in line with
budget, significantly ahead of performance in the same period last year and the
previous six month period. Group prospects in the seasonally lower second half
period remain promising.
After four years with Tangent, Greg Jackson has today stepped down from the
board in advance of leaving the business. His contribution has helped
significantly in the positioning of technology at the centre of Tangent's
offering and the growth of the online division as a whole and we wish him well
for the future.
As anticipated at the time of the Company's preliminary results, revenue growth
across the business has continued with an increasing mix of higher margin sales
in the Direct Marketing division being somewhat offset by lower margin
performance in the online division which we aim to improve as the year
continues."
For further information, please contact:
Tangent Communications plc 020 7462 6100
Timothy Green
Collins Stewart
Adrian Hadden / Stewart Wallace 020 7523 8350
This information is provided by RNS
The company news service from the London Stock Exchange
END
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