Change of Adviser; Resignation of Director
April 30 2009 - 2:01AM
UK Regulatory
TIDMVIS
RNS Number : 4134R
Vitesse Media PLC
30 April 2009
VITESSE MEDIA PLC
("Vitesse Media" or the "Company")
Change of Adviser; Resignation of Director
Vitesse Media Plc (AIM: VIS), the online, events and publishing group, announces
that it has appointed Seymour Pierce Limited as Nomad and Broker to the Company
with immediate effect.
The board also announces the resignation of Kym Kingwill, Finance Director. The
board is very grateful for the work that Kym has carried out over the last two
years in its acquisition strategy, but feels that in the current environment,
the business should be focusing on organic growth. He leaves a strong finance
team, able to control and monitor the business, and it is the board's intention
to reappoint a finance director when the economic climate is more appropriate.
Enquiries:
Vitesse Media Plc
Sara Williams +44 20 7250 4010
Leslie Copeland
Seymour Pierce Ltd
Richard Feigen +44 207 107 8000
Nandita Sahgal
Note to Editors.
Award-winning, AIM-listed Vitesse Media Plc is a multi-platform media business
boasting an array of market leading magazines, websites and events. Its focus is
on the entrepreneurial sector, with an expert hub of information on AIM.
Vitesse's websites include SmallBusiness.co.uk. GrowthBusiness.co.uk,
Information-Age.com and MandAdeals.co.uk. Its magazine stable includes titles
such as Business XL, Growth Company Investor, Information Age and What
Investment. The high-profile Vitesse Events division produces the Quoted Company
Awards, Investor All Stars, Rosenblatt New Energy Awards, Media Magnate Awards,
Technology Forums and the Growth Company Investor Show. Every month Vitesse
Media reaches a targeted audience of around one million people consisting of
CEOs and entrepreneurs, their professional advisers, their investors, and their
suppliers.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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