Vladimír Urbánek (Kurzy.cz)
Czech markets  |  August 07, 2012 17:02:52

KIT digital: The governing bodies were appointed two representatives of major shareholders


KIT digital today announced that the board of directors were appointed to positions 2 representatives of major shareholders, namely Seth W. Hamot, the Managing Member of Roark, Rearden & Hamot, clusters, which is the main partner of Costa Brava Partnership III LP, and K . Peter Heiland, Managing Director of JEC Capital Partners. The Board left the Joseph E. Mullin.

Hamot controls about 7% of total shares of KIT digital, and has extensive experience in managing companies (SPY, ISC8, TechTeam Global, Bradley Pharmaceuticals).

Heiland controls about 8% of shares of KIT digital, and has many years experience in managing technology companies.

In exchange for the admission of new members of the Board receives the current management of the company subsequent support for the annual meeting of shareholders and to ensure that these major shareholders will not proceed against the actionthe current leadership.

The management company also announced that it dissolves the special committee for strategic transactions. The function takes over the entire board.

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KIT digital: Do vedoucích orgánů byli jmenováni 2 zástupci významných akcionářů

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