3rd Apr 2007 12:08
Ideal Shopping Direct PLC03 April 2007 3 April 2007 IDEAL SHOPPING DIRECT Retirement of Jim Hodkinson Ideal Shopping Direct Plc has today announced that Jim Hodkinson, Chairman, hasdecided to spend more time on his other business interests, and has informed theBoard of his intention to step down as soon as a new Chairman has beenappointed. Jim Hodkinson commented: "I have enjoyed my time with Ideal and leave the Group in good shape and with asound and solid platform to take full advantage of its many opportunities, asthe digital TV revolution rolls out across the UK in the next few years. "Having established that platform, the time has come for me to focus on otherinterests, and I have informed the Board that I will step down as soon as a newChairman is appointed, or by August 1st at the latest." Andrew Fryatt, CEO, commented: "Whilst we understand that Jim now has other business commitments that requiremore of his time, on behalf of all Ideal's employees I would like to say that weare sorry to see him go and wish him well for the future. In the three yearssince Jim joined Ideal as Chairman, there has been immense change in thebusiness and we all thank him for his outstanding contribution to our Company." Enquiries: Ideal Shopping Direct Plc Tel: 08700 780704 Andrew Fryatt, CEO Reputation Inc Tel: 020 7758 2800 Tom Wyatt This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Distributions Services