The ReThink Group plc Resignation of Director
The ReThink Group plc Resignation of Director and Director's interest
The Company announces that Simon Church, Group Business Development Director, has given notice that he intends to resign as a director of the Company, to pursue ambitions outside of the Group, with effect from a date to be agreed but expected to be near the end of this year. Simon Church will remain with the Company until such time. The Board does not presently intend to appoint a replacement for this position.
The Company announces that it has been advised that, further to the announcement on 8 July 2010, Simon Church has today sold 1,941,666 Ordinary Shares in the capital of the Company at a price of 5p per share. As a result, Simon Church now holds 2,066,666 Ordinary Shares, representing 2.22 per cent. of the issued share capital of the Company. Simon Church has informed the Board that he does not intend to sell any further Ordinary Shares for the foreseeable future.