- Intellego is seeking to expand its portfolio and is evaluating several other acquisitions following the takeover of PIXELearning in May.

Chairman Angus Forrest said that through the acquisition of Pixel, Andy Hasoon who has 19 years' experience of the learning industry, had joined the company and would take on the role of CEO with immediate effect.

Bruce Leith reverts to his role as non-executive director while Robert Murphy has resigned as finance director and company secretary to pursue his other business interests.

The interim finance director, a non-board appointment, is Derek Watson FCA.

Forrest added: "The main emphasis is on growing sales and we are focussing investment in marketing, developing distribution channels and strengthening our sales force in order to expand the customer base and increase the sales per customer.

"In addition to seeking complementary library acquisitions, we have been evaluating several other acquisitions and expect to make announcements in the next quarter."

At 9:05am: [LON:IHP] Intellego Holdings share price was -0.01p at 0.19p

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