22 Feb 2019 08:46
Reach4Entertainment snaps up London-based advertising outfit
(Sharecast News) - Marketing communications group Reach4Entertainment will acquire advertising outfit Agency Press for a price that could rise to £10m.
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Don't have an account? Click here to register.Reach4entertainment to raise £2m in placing
Wed, 26th Oct 2016 13:40
(ShareCast News) - Media and entertainment company reach4entertainment announced its intention to undertake a placing of new ordinary shares on Wednesday, at a price not less than 1.5p per ordinary share to raise up to £2m before expenses.The AIM-traded firm said the placing, which will be undertaken within the company's existing share authorities, will be conducted by way of an accelerated book build, with Allenby Capital acting as sole bookrunner.It said the placing will result in the issue of no more than 133,333,334 new ordinary shares.R4e said the net proceeds of the placing will be used to establish the foundations for the next stage of the group's development, including leveraging the market leadership positions in London and New York to expand geographically, starting with Dewynters in Germany, launching a new data-driven marketing and analytics division, and the re-organisation of key functions to support the above developments."r4e is a different company today," said chairman David Stoller, adding: "our balance sheet is healthy with an £11m reduction in borrowings at 30 June 2016 compared to 30 June 2015."We have strengthened our management team across our core businesses, which continue to be market leaders, and our strategic plan is in place."
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30 Jan 2019 08:56
Reach4entertainment buys stake in sports content supplier Buzz 16
(Sharecast News) - Reach4entertainment has agreed to buy a 50% interest in sports content supplier Buzz 16 for an undisclosed sum.
Read more29 Aug 2018 10:25
Reach4entertainment launches 'Story House' PR agency
(Sharecast News) - Live entertainment communications company Reach4entertainment announced the launch of 'Story House' - a live entertainment-focussed public relations agency - on Wednesday.
Read more21 Jun 2018 16:03
UK Shareholder Meetings Calendar - Next 7 Days
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Read more22 Dec 2016 13:09
Reach4entertainment says PNC not taking action over covenant breach
(ShareCast News) - Reach4entertainment (R4E) said PNC Business Credit (PNC) has noted a three-month breach of a banking covenant by the company but does not intend at this time to exercise its rights in relation to the same. PNC nonetheless said it reserved its rights. The fixed-charge covenant was
Read more12 Sep 2016 14:49
Reach4Entertainment posts jump in interim profit but flags more challenging H2
(ShareCast News) - Media and entertainment company Reach4Entertainment reported an increase in first-half profit as it sounded an upbeat note on its prospects for the year, despite highlighting a more challenging second half. For the six months to the end of June, pre-tax profit rose to £0.8m from £
Read more22 Jun 2016 15:05
18 May 2016 15:08
29 Feb 2016 12:34
Reach4Entertainment reports strong end to 2015
(ShareCast News) - Reach4Entertainment revealed strong trading at the end of 2015 on Monday, as it warmed the market up for its final results for the calendar year, due before the end of May. The AIM-traded media and entertainment marketing company had previously reported encouraging interim and thi
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