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21 March 2018 Proxama PLC ("Proxama" or the "Company") AGM Statement Proxama plc (AIM: PROX), the leading mobile location data and intelligence expert, is holding its Annual General Meeting today at 9.00am at the offices of Redleaf Communications, Sky Light City Tower, 50 Basinghall Street, London EC2V 5DE. Ahead of the formal business of the meeting, Kelvin Harrison, Non-Executive Chairman of Proxama, will make the following statement: "2017 was a transformational year for Proxama. The sale of the Digital Payments Division and the successful £3.1 million placing and open offer mean the Company is now debt free. A new management team, including a new Chairman, CEO, CFO and Chief Strategy Officer, have completed the restructuring of the Company, and the cost base has been radically reduced with administrative costs now running at less than half of their 2017 level. The London and Norwich offices have been relocated to more cost-effective sites and headcount has been reduced substantially to 16 from 60 people at the end of 2016. As a result, we are well placed to pursue our new strategy, focused on the rapidly growing location data market and I am pleased to report that we are trading in line with management expectations. The Company has also set new KPIs for 2018 focused on gathering 30 billion data points with an audience of 10 million consumers, and aims to launch and monetise two new products. A resolution will be put to the AGM to change the Company's name to Location Sciences Group PLC, reflecting this new strategy. Subject to shareholder approval, following the AGM, the Company will also launch a new website with improved shareholder functionality. There will be a presentation from senior management following the AGM, outlining why the Company has focused on location data and intelligence, including the market opportunity and a product demonstration. We are also pleased that, as separately announced today, Benjamin Chilcott will be appointed as a non-executive director of the Company, following conclusion of the AGM. Benjamin brings a wealth of experience and relationships with brands, agencies and products. The new Board is pleased with the progress that the Company has already made and we look forward to updating shareholders as our strategy unfolds." End Enquiries: Proxama PLC Via Redleaf Communications Mark Slade, Chief Executive Officer David Rae, Chief Financial Officer
21 March 2018 Proxama PLC ("Proxama" or the "Company") Directorate change Proxama (AIM: PROX), the leading mobile location and data intelligence expert, is pleased to announce that Benjamin Chilcott will be appointed as a non-executive director of the Company, following the conclusion of today's Annual General Meeting. Benjamin co-founded the management consultancy company, Concise Consultants Limited, which was acquired by iris Worldwide, the integrated marketing agency in 2008. Following which, Benjamin became CEO of iris Concise Limited, the strategy and consulting arm, and served on the board of Iris Worldwide. Benjamin is also non-executive Chairman of the electronic receipts com
I did it last year and sold 1/2 kept half glad I did. fantastic opportunity given to buy at .003p this loyal shareholders thanks proxama , when I sold today I got a third less than the preferred rate for shareholders I still have 6M and if it is good tomorrow I will buy more . If it’s bad I will buy a new front door.
I have halved So if it’s a golden egg I still have one If it’s a rotten egg I have got rid of one of the eggs and only have one. Edge my bets I did last year. When it fell of the cliff last year
just sold 6M For a pittance, but it’s going to go either way tomorrow, so 1/2 in 1/2 out.
My gut instinct is we are going to get shafted again. Been invested here a long time, can’t feel infused here any longer
aerial with it being it’s all time low. I have very little choice to see how the meeting goes. Virtually worthless at the minute.
aerial, it’s beyond a joke now. I am a long time holder. I supported the .03p with 10,0000,000 extra shares That is down 33% . They need to do something. As long term holders won’t support this anymore
aerial I agree, I watch the company closely. I averaged down to .2p When it hit 1.5p I was £10,000 up If I would have sold. I did not I have added and added. We will see. Only share I have now, I am in crypto currency now.
aerial thanks for your response. I have been a long term holder here. Huge loss sitting on Millions of shares. Hopefully things will get better
If we get a ticket change do our PROX shares automatically change over to new ticker. If this happens
hi Nic Long time since we have spoken. Hope you are right, think now is time for news. Fingers X.
When you go onto Proxama website it takes it to Location Sciences. Looks like we are going to have a name change to me. THE MOBILE LOCATION INTELLIGENCE COMPANY Our industry-leading location technologies and AI platform enables us to accurately attribute, verify and understand real-world consumer actions. Certified Location Service Provider
The Tower Building (4th floor) 11 York Road London SE1 7NX +44 (0)203 865 2792 Says head office We could do with some news now
Are you invested here ?
Hi nic I am still holding hope you still are . Happy new year to you
Correction shows Kennedy was only in Proxama to get as much money out of proxama as he could get
Hi aerial, let’s hope next few months will see an up turn. Thisgoesdownigo report his posts when he abuses people. It works I got his last obnoxious post removed.
Agree Docit x
I had 2million and was £30k as well