HIG Hertford

 

TIDMHIG 
 
RNS Number : 9866R 
Hertford International Group PLC 
11 May 2009 
 

 11 May 2009 
Hertford International Group PLC 
("Hertford" or "the Company") 
 
 
Hertford International (AIM: HIG), a provider of personal financial products and 
services announce that Damian Mifsud, Non Executive Director has stepped down 
from the Board with immediate effect. 
 
Commenting Lewis Findlay, Chief Executive, said: "We would like to thank Damian 
for his contribution in his capacity as Non Executive Director over the past two 
years and wish him well in his future endeavours. 
 
 
-ends- 
 
 
For further information please visit www.hertfordinternationalgroup.com or 
contact: 
Hertford International Group Plc 
Paul Marks - Non-Executive Chairman    Tel: 
+44 (0) 20 3178 4440 
Lewis Findlay - Chief Executive 
Arbuthnot Securities 
Katie Shelton 
Tel: +44 (0) 207 012 2000 
Nick Tulloch 
Tavistock Communications Tel: +44 (0) 20 7920 3150 
Jeremy Carey 
Matt 
Ridsdale 
 
 
Notes to Editors: 
Hertford was admitted to the AIM market in December 2007 with a strategy to 
provide financial services to primarily those people who are not able to access 
a traditional bank account (the "unbanked"). 
Hertford owns 100 per cent. of CrewCard Network ("CCN"), a marketer of prepaid 
debit card programmes targeted at a number of high growth niche markets, 
including those people without a bank account. 
CCN's business model is to develop several complementary brands, develop its own 
distribution network, and build an ongoing relationship with its card users, 
which will enable it to sell additional products and services. 
As part of this strategy, Hertford completed the acquisition of Cheque Exchange 
Ltd ("CEL") from Provident Financial Plc in January 2009. CEL is the super agent 
for MoneyGram and is a profitable cheque cashing and money remittance business. 
This acquisition provided Hertford with an established operational 
infrastructure, a sales force, and positive cash-flow on which to grow the 
business and fulfil the vision of Hertford. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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