30th Apr 2013 18:24
For immediate release
ILX Group PLC
Director's interests
30 April 2013
ILX Group PLC
Director's interests in Convertible Loan Notes and Warrants
("ILX" or the "Group")
ILX Group plc (AIM: ILX), the AIM quoted provider of e-learning software and business training, announces the following change of ownership in the Convertible Loan Notes and Warrants issued to Praxis Trustees Limited ("Praxis") in December 2012.
Further to the announcement made by the Company on 17 December 2012, Praxis, as trustees of the DNY Trust, transferred the Convertible Loan Notes and Warrants to DNY Investments Limited, a company incorporated in Guernsey and held by Praxis as an asset within the DNY Trust, on 29 April 2013 for no consideration.
Wayne Bos, Chairman and Interim CEO of the Company, remains a discretionary beneficiary of the DNY Trust.
~ Ends ~
For further information, please contact: | |
ILX Group PLC | |
John McIntosh | 020 7751 7100 |
SPARK Advisory Partners Limited (Nominated Advisor) | |
Mark Brady | 020 3368 3551 |
Neil Baldwin | 020 3368 3554 |
Related Shares:
Progility