ITE Group PLC
13 November 2000
ITE Group Plc
Following approval of the cash subscription by VS&A Communications Partners
III, L.P. (VS&A) at the EGM held on 6 November 2000, Jeffrey Stevenson,
President and Managing General Partner of VS&A and Nigel Stapleton, Senior
Principal of VS&A, have joined the Board of ITE Group Plc ('ITE' or 'the
Company'), the international exhibitions specialist, as non-executive
directors as proposed on 11 October 2000.
The Board of ITE is also pleased to announce the appointment of Mr Mohsen
Ghozzi as an executive director of the Company with immediate effect.
Mohsen Ghozzi has held no directorships in any other publicly quoted company
at any time in the previous five years preceding the date of appointment.
There are no other matters required to be disclosed by the Listing Rules in
connection with Mohsen Ghozzi's appointment.
ITE Group plc further announces that Mr Mark Webber, executive director, has
resigned from the Board with immediate effect.
Lawrie Lewis, Chairman of ITE commented:
'We are delighted to welcome Jeffrey and Nigel to the Board of ITE. We look
forward to working with Veronis Suhler in driving the Company forward in this
new and exciting phase of ITE's continued development.
'Mohsen is ITE's senior partner in the Middle East region, with particular
focus on Egypt. Through the company ACG International Trade Fairs Pte Limited,
Mohsen is a leading exhibition organiser in Cairo and we are delighted to
welcome him to the Board of ITE. We believe that Mohsen's experience and
knowledge will be invaluable as the business continues to grow in this region.
'Further I would like to take this opportunity to thank Mark, one of the
company's founders, for all his hard work and dedication in the development of
the Company. I am pleased to say that Mark is being retained by the Company
as a specialist consultant for key projects in the Far East, Asia and
For further information, please contact:
ITE Group plc 020 7596 5000
Buchanan Communications 020 7466 5000
Richard Oldworth / Isabel Petre