3/18/2008 4:00:00 PM
Matthew Moulding and 20:20 Mobile Group
In a recent article about 20:20 Mobile Group, Mobile made some inaccurate statements relating to both the Company, and in particular, Matthew Moulding. Following the announcement of Matthew Moulding's resignation from 20:20 Mobile Group, we wrongly assumed that this was not a decision of his own making. We are now aware that Matthew resigned from his position in June 2007 and agreed to continue in his role as CFO, at the request of both Doughty Hanson, and more recently the new CEO Meinie Oldersma, for the full duration of his 12 month notice period. We wrongly interpreted the announcement relating to Matthew's departure as meaning that he had already departed the Company which we now accept as being incorrect.In recognition of the offence this error may have caused 20:20 Mobile Group or Matthew, Mobile has agreed to make a contribution to a charity of Matthew's choice, being The Jacob Marsland Appeal.