23rd Nov 2012 09:46
23 November 2012
PORTA COMMUNICATIONS PLC
("Porta Communications" or the "Company")
Settlement of Litigation
Porta Communications PLC and MSQ Partners Limited confirm that they have resolved the legal dispute between them, which led to MSQ Partners issuing proceedings against Porta Communications, Mr David Wright and Mr Phillip Hawkins. The parties have agreed to make no further comment.
Enquiries
Porta Communications plc www.portacomms.com | ||
David Wright, Chief Executive | +44 (0) 20 7680 6500 | |
Keith Springall, Finance Director | +44 (0) 20 7680 6500 | |
Northland Capital Partners |
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(Nominated Adviser and Broker) | Tim Metcalfe / Lauren Kettle | +44 (0) 207 796 8800 |
About Porta Communications
Porta Communications plc, the international marketing and communications business, is led by David Wright, Chief Executive and Chairman. David is well known for establishing Citigate in late 1988. In 1997 he reversed Citigate into Incepta plc and David became Chief Executive of the enlarged Group, later becoming Chairman. By 2003, when David left Incepta, he had built one of the largest international financial communications companies in the world, through a series of key acquisitions and an active recruitment programme. Prior to Citigate he was Managing Director of Streets Financial Strategy from 1986 to 1988. David began his career as a journalist.
For further information, please visit www.portacomms.com
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