July 26 (Reuters) - Itsarm PLC ITS.L :
* ITSARM PLC - DISMISSAL OF THE WINDING-UP PETITION
* ITSARM PLC - RESTORATION OF TRADING
* ITSARM PLC - JAMES SHARP (PREVIOUSLY NON-EXECUTIVE
CHAIRMAN) AND
RICHARD MONAGHAN (PREVIOUSLY EXECUTIVE DIRECTOR) HAVE RESIGNED
FROM BOARD
* ITSARM PLC - PROPOSAL REDUCES COMPANY'S LIABILITIES AND
CONTINGENT LIABILITIES TO ABOUT £140,000
* ITSARM PLC - DAVID CRAVEN AND JEAN-PAUL ROHAN HAVE BEEN
APPOINTED AS NON-EXECUTIVE CHAIRMAN AND NON-EXECUTIVE DIRECTOR
RESPECTIVELY
* ITSARM PLC - PROPOSAL HAS RESULTED IN A SIGNIFICANT
REDUCTION OF
COMPANY'S LIABILITIES
Source text for Eikon: ID:nRSZ2855Ha
Further company coverage: ITS.L
((Reuters.Briefs@thomsonreuters.com;))