News blog
Interactive Prospect Targeting Holdings / Directex Realisations
- BY: Andrew Hore |
- POSTED: 15/01/2010 |
Shareholders have voted against the cancelation of Interactive Prospect Targeting Holdings’ Aim quotation.
Shareholders owning 14.85m shares voted against the resolution – equivalent to 56.7% of the shares voted. IPH needed 75% of the shares voted to be in favour of the cancelation. IPH is effectively a shell with a few residual interests left over from the email marketing operations that have been sold off.
The shareholders also voted against the reappointment of Martin Kiersnowski and David Cicurel as directors although the vote was much closer with 50.57% against their reappointment.
All of the other AGM resolutions, including changing the company’s name to Directex Realisations, were passed on a show of hands.
Jonathan Lander of Volvere has built up a 9.89% stake in the company. Aim-quoted Volvere owns 50% of Interactive Prospect Targeting Ltd - the company that acquired the UK email marketing operations of IPT.
Shares in IPH recovered 0.125p to 1.25p each, which values the company at £630,000.
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