6 Nov 2012 11:10
blur (Group) plc ("blur")
Adviser Change of Name
blur (Group) Plc (BLUR), operators of the world's leading Global Services Exchange at blurgroup.com, announces that is has novated its Nominated Adviser and Broker agreement with Singer Capital Markets Limited to Nplus1 Singer Advisory LLP ("N+1 Singer") with immediate effect. This follows the completion of the merger between Singer Capital Markets Limited and N+1 Brewin LLP.
For further information please contact:
blur (Group) plc | investors.blurgroup.com |
Philip Letts, CEO/ Barbara Spurrier, CFO | Tel: +44 20 3176 0548 |
N+1 Singer (Nomad and Broker) | |
Shaun Dobson / Matt Thomas | Tel: +44 20 3205 7500 |
Newgate Threadneedle | |
Caroline Evans-Jones/ Josh Royston/ Hilary Millar | Tel: +44 20 7653 9850 |
About blur (Group) plc at blurgroup.com
blur owns and operates online exchanges where businesses in any country can buy, sell and pay for business services like marketing, advertising and technology. Businesses brief projects and expert service providers pitch for the project and the entire process runs online right through to project delivery and payment.
In early 2010, when the Exchange formally launched, just over three briefs per month were submitted. In Q3 2012 this had risen to around 70 per month from companies like the AA, Coral, Exceed, Fantasy World, Red Commerce, Harvey Nichols, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average brief value has grown from approximately $1,500 in 2010 to an average for 2012 YTD of $11,500. Now more than 1,200 briefs have been submitted with a combined brief value of over $16 million, with these briefs coming from the US, UK, Europe, Africa and Asia.
Today, blur Group has over 22,500 experts, agencies and service provider firms in over 130 countries on six crowd platforms who benefit from networking, peer advice as well as new business opportunities. All are reviewed and approved by the Group's Exchange Support executives before joining. The Company is also building crowds of experts for legal and accounting services, with a view to accepting briefs for these services in H1 2013.