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Notification of Termination of Service Agreement

30th Jul 2015 07:00

RNS Number : 4980U
Vitesse Media PLC
30 July 2015
 

Vitesse Media plc

(the "Company")

 

 

Notification of Termination of Service Agreement

 

Vitesse Media has terminated with immediate effect the Crowd-Funding Services Agreement, dated 27th January 2014, and as described in an announcement dated 28 January 2014. Vitesse remains committed to leveraging its financial and business media and events expertise to create new revenues from Crowdfunding and the Board is in advanced discussions with an established UK crowdfunding business to form a strategic alliance. Further announcements will be made in due course.

The Board also wishes to announce that further to the leave of absence from the Board announced on 13 November 2014, Jonathan Sumner has decided to step down as a Director with immediate effect.

 

Enquiries:

 

Vitesse Media Plc

Chief Executive: Niki Baker 020 7250 7010

Non-executive Chairman: Chris Ingram

 

Westhouse Securities Limited

Martin Davison 020 7601 6100

 

Kreab

Robert Speed 020 7074 1800

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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