G
Graham
Guest Shopper
Ideal Shopping Direct PLC announces that further to the Company's announcement on 13 January 2009 stating that it had received a requisition notice requesting that the Company convene a general meeting to effect certain changes to the board of the Company ("the Board"), the Board has reached an agreement with the party that requisitioned the meeting in relation to a revised Board structure, and, as a result, the requisition notice has been withdrawn.<br /><br />The following changes to the Board will take place:<br /><br />David Williams, Non-Executive Chairman and Terry Donovan and Susan Ellis, non-executive directors of the Company have resigned from the Board. Paul Wright will replace David as non-executive Chairman; Valerie Kaye will be appointed as a non-executive director of the Company. These changes have taken effect following the Board meeting today.<br /><br />Continuing members of the Board therefore will be Mike Hancox (Chief Executive Officer), Pamela Aujla (Commercial Director), Paul Wright (Non-Executive Chairman) and Valerie Kaye (non-executive director). In addition, Ian Jebson, whose appointment as Finance Director was announced by the Company on 10 December 2008, will be joining the Company on 1 March 2009.