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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Formjet (See LSE:TQC) | LSE:FMJ | London | Ordinary Share | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.715 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1336W Formjet PLC 23 December 2005 For immediate release, 23 December 2005 FORMJET PLC ("Formjet" or "the Company") Board restructure and change of adviser Formjet plc, the alternative software vendor and distributor, announces the resignation from the Board of Kevin McGovern, a non-executive Director and the appointment of Corporate Synergy as Nominated Adviser and Broker. Commenting on the announcement Lyndon Chapman, Chairman and Chief Executive said: "I am pleased to announce the appointment of Corporate Synergy as Formjet's new adviser and broker. We are pleased to be restructuring the Company's adviser base as well as the Board. It comes as part of our strategy to place Formjet in the best possible position to exploit the opportunities which exist for the Company in the coming year." "I would also like to thank Mr McGovern for his contribution to the growth of Formjet since it became a publicly listed company and wish him well for the future." -ends- Enquiries to: Lyndon Chapman Simon Hudson / Chairman & Chief Executive Officer Clemmie Carr Formjet plc Tavistock Communications Tel: 0870 606 1670 Tel: 020 7920 3150 Notes to Editors: Formjet Plc is a UK-based company with a highly distinctive business model. It acquires territorial rights to 'alternative' software products, and markets, sells, distributes and supports these products in place of the vendor in worldwide markets. The strategy has at its heart the proposition that we can acquire product lines in territories of not less than a country without the expense of either product development or the creation of IPR. The Formjet Group currently has four product lines: Panda Software and Filestream are UK licences and Ability and Software Dialog are worldwide. Formjet reaches a customer base of more than 250,000 direct customers and in excess of 3,000 corporate clients. This market penetration has been achieved through careful research into relevant territories and then applying the most suitable routes to market, whether through distribution and/or reseller partners, or via direct sales. Formjet acquired SouthCoast Distribution, a specialist OEM provider to system builders in July 2005. This information is provided by RNS The company news service from the London Stock Exchange END BOAEAKAAAEKSFFE
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