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Acquisition Drive

30 Nov 2006 12:48

Adventis Group PLC30 November 2006 For immediate release30 November 2006 Adventis Group Acquisition Drive Backed by Leading Global Financial Institutions Adventis Group plc ("Adventis" or "the Group") has today announced significantinvestments by Oceanwood Capital Management LLP and Morgan Stanley InternationalLimited. In addition to taking a stake in the Group, Oceanwood may also providefinancing to fund a significantly larger acquisition programme. Since float in July 2004 Adventis Group profits have increased by 135% through acombination of organic growth and selective, high margin acquisitions in itsniche markets of property, healthcare and financial services. The supportoffered by these new institutional investors should enable the Group toaccelerate this acquisition programme in terms of both scale and speed. Charles Phillpot, CEO of Adventis stated. "In the last two years we have morethan doubled the size of the Group while also achieving a 44% improvement inmargin. These results demonstrate a strategy that is both robust and able toderive real benefits from increases in scale. We have been particularly pleasedwith how our online business has grown and are confident that this aspect of thegroup's offering will reap substantial rewards in the near future. Thisinvestment by institutions of this calibre is a demonstration of theirconfidence in both our strategy to acquire and ability to integrate marketingbusinesses and will greatly support our drive towards a £100m capital value.2007 promises to be an exciting year!' The Board of Adventis would like to thank Key IP Ltd for enabling thissuccessful placing. ENDS Editor's Notes Oceanwood Global Opportunities Master FundOceanwood Capital Management LLP has invested on behalf of Oceanwood GlobalOpportunities Master Fund. It is an international investment group with officesin London and Boston. Adventis Group plcAdventis Group's strategy is to focus its marketing and media buying services onthree main sectors, in which it has the opportunity to build significant marketpositions. There are three main strands to Adventis' strategy to develop the business: • Consolidation of its position in the residential and commercial property markets, which, as noted above, are predominantly serviced by a large number of small operators; • Diversification into other specific sectors, notably healthcare and financial services, for which marketing is governed by regulatory disclosure and which therefore, like the property sector, have a requirement for expertise; • Increase profit margins by providing services that are currently sub-contracted to third parties. Management intends to achieve these objectives through a mix of organicdevelopment, acquisitions and by creating structures to attract new key seniorstaff, who have proved revenue earning potential and appropriate sectorexpertise. For further information:Adventis Group plc Charles Phillpot, Chief Executive Tel: 020 7034 4750www.adventis.co.uk This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
15th Apr 20207:00 amRNSCommencement of Activity at West Newton B Site
13th Mar 20207:00 amRNSUpdate on Market Volatility
26th Feb 20207:00 amRNSUpdate on California Operations
20th Feb 20207:00 amRNSUpdate on West Newton Activity Programme
20th Feb 20207:00 amRNSUpdate on West Newton Activity Programme
4th Feb 20204:28 pmRNSHolding(s) in Company
6th Jan 20207:00 amRNSReabold California - VG-6 Update
23rd Dec 20197:00 amRNSRomania Update
18th Dec 20197:00 amRNSWest Newton Project Update
10th Dec 20197:00 amRNSDrilling Operations Commence at VG-6
2nd Dec 20197:00 amRNSExercise of Danube Options
27th Nov 20191:36 pmRNSHolding(s) in Company
22nd Nov 20197:00 amRNSHolding(s) in Company
22nd Nov 20197:00 amRNSSubscription for new shares in Danube Petroleum
22nd Nov 20197:00 amRNSParticipation in Corallian Fundraise
18th Nov 20195:13 pmRNSDirectors' Dealings
11th Nov 20194:47 pmRNSHolding(s) in Company
11th Nov 20197:00 amRNSUpgraded Potential Volumes - West Newton
6th Nov 201910:00 amRNSUpdate on West Newton
5th Nov 20197:00 amRNSCompletion of Rathlin Cash Investment
1st Nov 20197:00 amRNSAppointment of Joint Broker
31st Oct 20195:14 pmRNSHolding(s) in Company
30th Oct 20197:00 amRNSHolding(s) in Company
28th Oct 20192:00 pmRNSResults of General Meeting
28th Oct 20197:00 amRNSUpdate on Proposed Equity Swap and Placing
22nd Oct 20193:16 pmRNSNotification of major holdings
22nd Oct 20193:15 pmRNSNotification of major holdings
10th Oct 20192:45 pmRNSPosting of Circular and Notice of General Meeting
9th Oct 20197:00 amRNSResults of Placing
8th Oct 20194:45 pmRNSProposed Placing to Raise £24 million
7th Oct 20193:45 pmRNSStatement re: Proposed Placing & Investments
4th Oct 201910:04 amRNSStatement re Potential Fundraising
2nd Oct 20197:00 amRNSCompletion of Increased Investment into Danube
27th Sep 201911:00 amRNSUnaudited Interim Results
26th Sep 20197:00 amRNSWest Brentwood Reserves Update
23rd Sep 20197:00 amRNSReabold California Operational Update
16th Sep 20198:56 amRNSIncreased Investment into Danube Petroleum
9th Sep 20197:00 amRNSSuccessful Appraisal Well at Parta Licence Romania
29th Aug 20197:00 amRNSOperational Update at West Newton, onshore UK
27th Aug 201911:15 amRNSCapital Reduction Update
27th Aug 20197:00 amRNSRomania Operational Update
22nd Aug 20197:00 amRNSIncreased Investment in Rathlin Energy
12th Aug 201910:04 amRNSOperational Update at West Newton, onshore UK
7th Aug 20197:00 amRNSSpudding of the Iecea Mica-1 Well, Parta, Romania
6th Aug 20197:00 amRNSCapital Reduction Update
31st Jul 20197:00 amRNSCorallian Energy Limited Update
30th Jul 20191:54 pmRNSResult of Annual General Meeting
29th Jul 20197:00 amRNSOperational Update
17th Jul 20197:00 amRNSCompletion of Parta Exploration Licence Farm-In
12th Jul 20192:23 pmRNSHolding(s) in Company

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