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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Feedback Plc | LSE:FDBK | London | Ordinary Share | GB00BJN59X09 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 62.50 | 60.00 | 65.00 | 62.50 | 62.50 | 62.50 | 168 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Computers | 1.03M | -2.92M | -0.2188 | -2.86 | 8.33M |
RNS Number:7820Q Feedback PLC 26 March 2008 Feedback plc Board changes The Board announces that with the completion of the CVA process associated with discharging the Group's historic pension fund liabilities it has taken steps to strengthen the Group's senior management. David Sawyer, currently Chief Executive, will with immediate effect assume full-time responsibility for the Group's principal subsidiary Feedback Instruments Limited and accordingly will relinquish his PLC responsibilities in order to focus exclusively on the development of this major subsidiary. In addition Jed Bushell is leaving the Board after 14 years service to the Group, including over 3 years as Finance Director, in order to pursue other business interests. The Board wishes to express its appreciation for his role during a particularly difficult period of the Group's long history. The Board has appointed Peter Smith as Group Finance Director on an interim basis and intends to make a permanent appointment in due course. In light of the importance that the Board attaches to the success of the Group's future performance, Michael Burt currently non-executive Chairman, will become executive Chairman with immediate effect. The Board believes that these changes are a necessary and important step towards re-establishing Feedback as a leading participant in its chosen markets. 26 March 2008 Enquiries: Nominated Adviser & Broker Charles Stanley Securities 0207 149 6000 Philip Davies / Carl Holmes This information is provided by RNS The company news service from the London Stock Exchange END BOAJFMMTMMMTBJP
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