ILX Group PLC AGM Statement (9150M)

TIDMILX

RNS Number : 9150M

ILX Group PLC

24 September 2012

ILX GROUP PLC

("ILX" or "the Group")

AGM STATEMENT

ILX announces that at the Annual General Meeting held on Friday 21 September, all resolutions were passed.

Wayne Bos, the new Executive Chairman of ILX Group plc, commented:

"Last year was a difficult year for ILX in terms of profitability but revenue growth has continued and ILX has maintained its market leading position.

ILX's digital learning solutions and technology platform continue to be improved and provide a highly efficient and cost effective solution. Demand for project and programme management training remains high.

I have joined the Company because of the potential surrounding the current ILX business. There is an excellent range of digital learning solutions as well as a talented industry team. We expect the business will continue to grow organically but we will be looking to also expand through acquisition where it makes sense in terms of value to shareholders."

24 September 2012

For further information, please contact:

 
 ILX Group plc                       020 7751 7100 
 Ken Scott, Chief Executive 
 FinnCap                             020 7220 0500 
 Marc Young - Corporate Finance 
  Tom Jenkins - Corporate Broking 
 Lothbury Financial Services 
  Limited                            020 7868 2010 
 Michael Padley / Chris Roberts 
 

Editors' Note

ILX Group plc (www.ilxgroup.com) is a leading provider of Best Practice learning products and services to the private and public sectors. ILX offers a variety of accredited technology led courses through a blend of traditional classroom, workshops & live forums and digital learning. It has developed its own proprietary software and is the market leader in PRINCE2. It trades through two divisions:

1. UK Best Practice services primarily the UK marketplace, including a number of multinational companies headquartered in the UK

2. International was formed in late 2009 to service to overseas markets, including Australia, New Zealand, Middle East, US and across Europe.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

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