20 Sep 2013 07:00
20th September 2013
blur (Group) Plc
("blur Group" or the "Company")
Appointment of Joint Broker
blur Group, the company that is reinventing commerce at blurgroup.com announces that Panmure Gordon has been appointed as joint broker to the Company, alongside N+1 Singer. N+1 Singer continues to act as Nominated Advisor to the Company.
Philip Letts, blur Group CEO said, "We welcome Panmure Gordon as joint broker to the Company and looking forward to continuing to build the profile of blur Group as we scale, capitalising on our strong position in the emerging s-commerce market."
-ENDS-
For further information please contact:
blur (Group) plc | lucy@blurgroup.com |
Lucy Davies - Head of PR | Tel: +44 20 3176 0548 |
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N+1 Singer (Nomad and Joint Broker) |
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Shaun Dobson / Matt Thomas | Tel: +44 20 7496 3000 |
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Panmure Gordon (Joint Broker) | Tel: +44 20 7886 2500 |
Dominic Morley / Charles Leigh-Pemberton |
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Newgate Threadneedle |
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Caroline Evans-Jones / Josh Royston/ Hilary Millar | Tel: +44 20 7653 9850 |
About blur (Group) plc at blurgroup.com
blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Approaching 35,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work.
blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three projects per month were submitted. Now, nearly 200 projects start on the exchange each month. Customers include Danone, Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average project value has grown from approximately $1,500 in 2010 to $22,943 in Q2 2013.
Today, over 2,500 projects have been submitted with a combined value of above $48.0 million. These have come from the US, UK, Europe, Africa and Asia with over 30,000 expert service providers on eight exchanges responding to them.