19th Nov 2018 12:35
LONDON (Alliance News) - Idox PLC, a supplier of information management solutions and services, said Monday that Chairman Laurence Vaughan has stepped down with immediate effect in order to pursue other interests.
The company has commence a search for Vaughan's successor and hopes to be able to announce the appointment of a new chair shortly.
Earlier in November, the company said it sold its loss-making digital unit to Fat Media Ltd for a nominal GBP1.00 in cash as part of a plan to focus on core operations.
Shares in the company were trading 0.3% higher at 33.80 pence each on Monday.
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Idox Group