2008 Annual Report 11th May 2009
Ideal Shopping Direct PLC releases its 2008 Annual Report and Accounts to shareholders on May 11th 2009
Preliminary Results 16th April 2009 Paul Wright, Chairman, commented: "2008/2009 has seen significant change within Ideal, and a complete restructuring of the Board and Senior
Management team. The business has quickly stabilised, with strong and experienced managers joining the
Company. We have a real depth of home shopping knowledge and despite previous management problems, we
remain a business that is strategically well placed to take advantage of market trends toward a genuine multichannel
business in TV shopping and e-commerce. Following a re-evaluation of strategy and direction by the
new management team, initiatives are now in place to restore the business to growth and profitability."
Board changes 3rd Feb 2009
Ideal Shopping Direct PLC announces that further to the Company's announcement on 13 January 2009 stating that it had received a requisition notice requesting that the Company convene a general meeting to effect certain changes to the board of the Company ("the Board"), the Board has reached an agreement with the party that requisitioned the meeting in relation to a revised Board structure, and, as a result, the requisition notice has been withdrawn.
