Deal Group Media PLC
20 December 2007
Press Release 20 December 2007
Deal Group Media plc
('DGM' or 'the Group')
Board Changes
Further to the announcement on 12 December 2007 detailing the sale of a majority
stake of the UK business to Isco Technical Services Ltd ('ITS'), Deal Group
Media plc announces that, as the Group places greater focus on the Asia Pacific
region, the requirement for UK based Board Directors has been reduced.
John Porter (Chairman), Lord Stone of Blackheath (Non-Executive Deputy
Chairman), Paul Alexander (Non-Executive Director) and Martin Chalmers (Finance
Director), will step down from the Board.
David Lees, currently a Non-Executive Director of the Board, will be assuming
the position of Non-Executive Chairman. David is a qualified chartered
accountant with many years' experience in the public company arena and has been
a founding director of several public companies.
In addition to Adrian Moss, ACA (Chief Executive Officer) and David Lees, the
Board includes Keith Lassman and Dominic Trigg.
Keith has been a Non-Executive Director since 2003 and as a senior partner of
London Law Firm, Howard Kennedy, he brings considerable experience in a broad
range of corporate finance transactions.
Dominic Trigg has a strong background in online and traditional media
advertising. Previous roles have included President of Search and Directories
for infospace Europe, Director of advertising operations for Yahoo! Europe,
Advertising Director for Microsoft's MSN UK, Hotmail UK and Expedia as well as
ad manager for BT's Internet portfolio.
Over the coming months the Group will seek to strengthen the Board with the
appointment of an experienced Asia Pacific-based Non Executive Director.
All Board changes will come into immediate effect.
Adrian Moss, CEO of DGM, said 'I would like to thank the departing members of
the Board for their considerable support and contribution. We now have a Board
that is more appropriate to the size of the Group. In addition the greater
focus on the Asia Pacific region has led a significant reduction in our
requirement for UK based overheads and has reduced the Group's central cost
base.'
-Ends-
For further information, please contact:
Deal Group Media plc
Adrian Moss, CEO
Evolution Securities Limited
Tom Price, Corporate Finance Tel:+44 (0) 20 7071 4300
Jeremy Ellis, Corporate Finance www.uk.evosecurities.com
Abchurch Communications
Ariane Comstive/Franziska Boehnke Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com www.abchurch-group.com
Notes to Editors
Deal Group Media plc is an independent online media-marketing and technology
group, which provides a range of stand alone and multi-channel marketing
solutions including: affiliate marketing, search marketing, email marketing, and
online display advertising. The Group works alongside advertisers and online
partners to help them achieve their e-business objectives specifically return on
investment (ROI).
Deal Group Media currently employs over 100 staff worldwide in offices in the
UK, South Africa, Australia, New Zealand, Singapore and India. The Group
operates across the spectrum of vertical sectors and its clients includes Avis,
Dell, Demon, nPower, Pipex, Sainsbury's Bank, Sky, Virgin, Vodafone, and The
World Wildlife Fund.
More information is available at www.dealgroupmediaplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
AI Summary Disclaimer BETA
The content you are viewing has been generated or assisted by artificial
intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may
contain inaccuracies, outdated information, or subjective interpretations. This content is intended
for general informational purposes only and should not be considered professional advice or factual
confirmation.
We encourage you to independently verify any information provided,
especially if it will be relied upon for making decisions or taking action. Any reliance you place
on this material is strictly at your own risk. The AI system that produced this content cannot
assess the specifics of individual circumstances, and results may vary based on context and
individual needs.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.
Create an Account
Create your FREE account to receive personalised announcements, watchlists, market updates, investment insights and new features.
Personalise your experience
Tell us a little about yourself to receive personalised content, announcements and relevant investment opportunities.