ILX Group PLC Director's interests in Conv Loan Notes & Warrants (6813D)

TIDMILX

RNS Number : 6813D

ILX Group PLC

30 April 2013

For immediate release

ILX Group PLC

Director's interests

30 April 2013

ILX Group PLC

Director's interests in Convertible Loan Notes and Warrants

("ILX" or the "Group")

ILX Group plc (AIM: ILX), the AIM quoted provider of e-learning software and business training, announces the following change of ownership in the Convertible Loan Notes and Warrants issued to Praxis Trustees Limited ("Praxis") in December 2012.

Further to the announcement made by the Company on 17 December 2012, Praxis, as trustees of the DNY Trust, transferred the Convertible Loan Notes and Warrants to DNY Investments Limited, a company incorporated in Guernsey and held by Praxis as an asset within the DNY Trust, on 29 April 2013 for no consideration.

Wayne Bos, Chairman and Interim CEO of the Company, remains a discretionary beneficiary of the DNY Trust.

Ends

 
 For further information, please contact: 
 
 ILX Group PLC 
 John McIntosh                                 020 7751 7100 
 
 SPARK Advisory Partners Limited (Nominated 
  Advisor) 
 Mark Brady                                    020 3368 3551 
 Neil Baldwin                                  020 3368 3554 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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