Directorate Change at InterQuest Group Plc

Pubished 27th August 2015


InterQuest Group plc (AIM: ITQ.L), the specialist recruiter in technology, analytics and digital markets, announces that Michael Joyce has tendered his resignation as Chief Financial Officer after 11 years with the Company in order to take up a role at a private business.

The Board has commenced a process to identify Michael's successor and Michael has agreed to work with the Company during his six-month notice period to ensure a smooth handover.

As announced on July 14 2015, InterQuest had an encouraging first half of the year with net fee income up 6 per cent and adjusted earnings before interest and tax up 16 per cent. Trading has continued to be strong since the half year.

Gary Ashworth, Executive Chairman said: “Michael has been an excellent and loyal colleague for the past 11 years and we will all miss him. The operational management of the business is increasingly devolved to the Company’s highly experienced divisional heads, each of whom has been with the Company over four years and is a specialist in their respective niche. As such I am reverting to an Executive Chairman role giving strategic direction to the Company with operations managed by the divisional heads. We have begun a process to identify Michael’s successor for the CFO role and wish to thank him for his valuable contribution during his eleven year tenure with InterQuest.”

InterQuest will report its half year results for the six months to June 30th on 8th September 2015.

Enquiries:

InterQuest Group plc
Gary Ashworth
Executive Chairman
Tel: +44 (0) 20 7025 0100

Panmure Gordon (UK) Limited
Nominated Adviser & Broker
Karri Vuori or Mark Taylor
Tel: +44 (0) 207 886 2500

Media enquiries:

Maitland
Andy Donald
Tel: +44 (0) 20 7379 5151