Tangibal Group plc: Board Changes
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Tangibal Group plc: Board Changes
The Board of Tangibal Group Plc (“Tangibal”) announces that it has restructured its board roles.
Following a review of strategy by the Group, Peter Evans, the current Chief Executive of Tangibal, has decided to relinquish his Group executive role in order to pursue a media advisory business in the field of experiential marketing. Peter will however remain a non-executive director and a major shareholder in Tangibal. He has also agreed to become Chairman of Ridercam Systems, the Group’s 74.9% owned on-ride video capture business.
Dominic Berger, currently MD of the Company’s interactive cinema network company, Tangibal Media Limited, will additionally assume the role of Group Chief Executive, supported by Jonathan Wilkes as Finance Director.
Jonathan Hall has been confirmed as Non-executive Chairman. Jonathan is a director of Early Equity PLC, an investor in Tangibal, and has been a non-executive director of the Company since the beginning of 2010.
Jonathan Hall comments “The recent Board changes reflect the fact that Tangibal, Group, will increasingly concentrate on funding and operating interactive media systems in the cinema and digital out of home sectors around the world. We look forward to developing our business during 2011.”
About Tangibal:
Formed in 2008, Tangibal Group Plc has established itself as a vision leader in interactive media and experiential advertising. Our goal is to deliver solutions that entertain, inform and motivate. See www.tangibal.com for more information
Disclaimer:
The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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Tangibal Group PLC
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