Appointment of Director and notification of substantial shareholder
Vitesse Media Plc (“the Company”), the AIM listed media business, confirms that further to the announcement made on 27 June 2012, Mr David Smith will be appointed as executive Deputy Chairman of the Company tomorrow, Thursday 5 July 2012.
Mr Smith’s acquisition of 7,368,421 new ordinary shares in the Company at a price of 4.75p, representing 19.4% of the issued share capital, became effective on 2 July 2012.
David John Smith, 62, is or has been in the past five years a director or partner of:
Critical Information Group PLC
Crystal UK Topco Limited
Spire Acquisition Limited
Spire UK Midco Limited
Spire UK Topco Limited
Granada Learning Limited
Anglia Multimedia Limited
AOS Media Limited
DP Publications Limited
GL Assessment Limited
Granada Learning (No. 2) Limited
The Skills Factory Limited
Apart from the information disclosed above there is no other information required to be disclosed under Rule 17 and Schedule Two, paragraph (g) of the AIM Rules.
About Vitesse Media plc
Vitesse Media plc is a leading B2B media business specialising in events, digital activities, data and research for the technology, SME business and high-net-worth investment industries. Its flagship titles include SmallBusiness.co.uk, Growth Company Investor, Information Age, GrowthBusiness.co.uk and What Investment.
Vitesse Media is also responsible for a growing portfolio of high-profile events, including The Quoted Company Awards and Women in IT Awards. Vitesse Media is focused on developing innovative products and services while evaluating further business opportunities in the fragmented B2B media space. Vitesse Media is quoted on AIM.