INDIGOVISION chief executive Marcus Kneen declared yesterday that predecessor Oliver Vellacott, who exited abruptly amid an ultimately unsuccessful management buy-out attempt, must have confidence in the technology company's prospects because he had retained his shares.
INDIGOVISION chief executive Marcus Kneen declared yesterday that predecessor Oliver Vellacott, who exited abruptly amid an ultimately unsuccessful management buy-out attempt, must have confidence in the technology company's prospects because he had retained his shares.
PRAISE: IndigoVision chairman Hamish Grossart said the “recovery†in performance had happened faster than expected. Picture: Gordon Terris
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ian mcconnell BUSINESS EDITOR
Mr Vellacott, who founded IndigoVision and for years ran the business with Mr Kneen as his chief financial officer before exiting late last year, is the largest shareholder in the Scottish video-over-internet company with a 22.9% stake worth nearly £6 million.
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