Idox chairman Laurence Vaughan steps down

Idox said on Monday that chairman Laurence Vaughan has stepped down with immediate effect.

In a very brief statement, the AIM-listed company - which supplies specialist information management solutions and services - said the search for his successor has already begun and the board hopes to be able to announce the appointment of a new chair shortly.

"The board would like to thank Laurence for his contribution to the company since he joined as chairman in August 2015 and wishes him well for the future."

At 1535 GMT, the shares were down 2.1% to 33p.