26th Feb 2015 11:23
LONDON (Alliance News) - Information management services company IDOX PLC on Thursday said it has started its new financial year well and is trading in line with its expectations, as its chairman said he will step down.
In a statement due to given to the company's annual general meeting, Chairman Martin Brooks said the company has signed a number of major public sector contracts since the start of its financial year on November 1.
He added the company's election management team is working with local authority clients ahead of the UK General Election and said IDOX is ahead of schedule on its plans to launch AllGov, a cloud-based platform for local councils.
Brooks also said that after ten years as chair he intends to step down by the end of the year, following a suitable handover period. Brooks did not say whether the company has started the search for his replacement.
Shares in IDOX were up 1.0% to 40.90 pence Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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