Feb 22 (Reuters) - Intertain Group Ltd IT.TO :
* Independent committee review completed
* Says permanent cancellation of its management incentive plan as well as other
agreed reductions in its executive compensation obligations
* Expects to announce shortly the appointment of interim chief financial
officer at Intertain
* Committee concluded "allegations,innuendo" of short seller related to
quality,performance of businesses of co are "grossly erroneous"
* Intertain's chief financial officer, is relocating to a new senior
operational management position at Intertain Bahamas
* Source text for Eikon ID:nMKW2MGgxa
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