27th Apr 2005 09:10
Royalblue Group PLC27 April 2005 Result of AGM and Board Changes At the Annual General Meeting of royalblue group plc held on 26 April 2005 allof the resolutions proposed were duly passed. Further to the announcement of 20 December 2004 royalblue group plc announcesthat Colin Amies and Alan Neilson retired as non-executive directors of thecompany with effect from the conclusion of the Annual General Meeting held on 26April 2005. Colin joined the Board in 1995 when royalblue was still a private company,following an investment by the private equity firm, Advent Limited. Colinsubsequently took on the role of Chairman prior to the Group's flotation on theLondon Stock Exchange in June 1997. Following the divestment of the Group'sHelpDesk software business in 2001, Colin became the Senior Independentnon-executive Director, and John Hamer assumed the role of Chairman. John Hamer said: "Colin was responsible for Advent's investment in royalblue in1995 which enabled the Group to embark on the product development programmewhich underlies the success of the business today. Colin has made a significantcontribution to royalblue's development over the past 9 years, and his wideexperience and wise counsel, coupled with his positive approach to business, hasbeen of tremendous value to the Group. On behalf of the shareholders andemployees of royalblue, I would like to thank him for his valuable contributionto the Group's progress." Alan joined the Group Board as a non-executive Director in 2000. Prior to hisappointment to the Board, Alan had served as CEO of the Group's HelpDeskbusiness, and was responsible for developing that business from a start-upsituation in 1992 to one with revenues in excess of £20m. John Hamer said: "Alan's determination, relentless enthusiasm and ingenuity havehelped us transform the Group from a consultancy business into a market-leadingproduct-centric organisation, and I extend our thanks to him for his hard workover the past 12 years." Contacts: John Hamer 01483 206300 Andy Malpass 01483 206300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Fidessa Group