Corporate Update
Dods (Group) PLC
Civil Service Training / Acquisition of De Havilland / Preliminary Announcement / Directorship Change
Civil Service Training
Dods (Group) plc, (LSE: DODS, "Dods" or "the Group"), a leading supplier of policy and other training to the UK Civil Service, notes the confirmation that a Prime contractor has been selected by Civil Service Learning to manage the provision of common curriculum training across the Civil Service.
Dods can confirm that it has a relationship, established during the bidding process, with the winning Prime contractor and that it has been officially appointed as the subcontractor of Policy training and modules from the programme known as "How to be a civil servant"
No estimate of the financial effect of this on the results of the Group are possible at this time, pending the formulation and roll out of the new training, but this is expected to result in the Training business providing the fastest organically growing part of the Group in 2012. Further announcements will be made when appropriate.
Outside of the Civil Service Learning contract, Dods has recently won a contract from the Foreign & Commonwealth Office for the provision of EU Skills training for an initial term of 2 years with an option for a further 2 years. This contract is worth £80,000 per year.
Acquisition of De Havilland and Preliminary Announcement
Discussions with the OFT continue with regard to the acquisition of DeHavilland. Dods has requested a minimal extension to the clearance deadline to enable the provision of requested market data and expects a decision early in May, at which time the Preliminary Announcement of the results of the Group for the year ended 31st December 2011 will be announced.
Directorate Change
As announced on 7th February 2012, Rupert Levy, the Company's Finance Director, left the Company on the 5th April. The Board is pleased to announce the appointment of his successor, Keith Sadler to the Group. Keith, who will join on 18 April 2012, is currently CFO of Weare2020 plc and previously has held a number of senior roles within the Media industry, including SPG Media Group PLC and CFO of The Wireless Group PLC.
The Board would like to thank Rupert for his contribution to Dods since he joined in 2008 and wish him every success in his future career.
Keith Sadler: Disclosures pursuant to AIM Rule 17
Keith John Sadler, 53 has been a director or partner in the following companies during the five year period immediately preceding his future appointment to the board of Dods (Group) plc.
Current directorships/partnerships
Alphanumeric Group Holdings Limited
Alphanumeric (Holdings) Limited
Alphanumeric Limited
Creating a Line Media Limited
DIG for Fire Limited
Digital Marketing Group plc
Digital Marketing Group Services Limited
Gasbox Limited
Graphic New Media Limited
HSM Ltd
Hyperlaunch New Media Limited
Inbox Media Ltd
ISIS Direct Limited
Jaywing Central Limited
Jaywing Information Limited
Jaywing Limited
Junction Brand Communications Ltd
Prodant Limited
Scope Creative Marketing Limited
TLA Worldwide plc
Weare 20:20 Limited
20:20 Agency Limited
20:20 Connect Limited
20:20 Dialogue Limited
20:20 London Limited
2020DMG Limited
20:20 Media & Analytics Ltd
20:20 Network Limited
20:20 Technology Limited
Past directorships/partnerships
SPG Media Group Limited
Keith currently has no shareholding in the Group. There are no further disclosures required pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.
For further information please contact:
Dods (Group) plc +44 (0)20 7593 5500
Gerry Murray, Chief Executive
Cenkos +44 (0)20 7397 8900
Nicholas Wells / Adrian Hargrave
This information is provided by RNS
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