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Porta shares rally as founder quits

The market seems to believe a board reshuffle can revive the fortunes of media firm Porta Communications (PTCM:AIM). At 3.5p the shares are up nearly 30% since executive chairman David Wright announced his retirement. He is replaced by John Foley who also does a similar role at safety testing and training group Premier Technical Services (PTSG:AIM) and recruitment agency Servoca (SVCA:AIM).