Less Ads, More Data, More Tools Register for FREE

Pin to quick picksThe Mission Group Regulatory News (TMG)

Share Price Information for The Mission Group (TMG)

Share Price is delayed by 15 minutes
Get Live Data
18.50    0.00 (0.00%)
Bid:
18.00
Ask:
19.00
Spread: 1.00 (5.556%)
Market Cap: £16.76m
TMG Live PriceLast checked at - London Stock Exchange

Intraday The Mission Group Share Chart

Acquisition

16 Feb 2015 07:00

RNS Number : 9369E
The Mission Marketing Group PLC
16 February 2015
 

 

 

 

Acquisition of The Weather Digital and Print Communications Limited

 

 

 The Mission Marketing Group plc ('the missiontm', AIM: TMMG), the marketing communications and advertising group, is pleased to announce the acquisition ("the Acquisition") of Edinburgh-based The Weather Digital and Print Communications Limited ("The Weather") by its integrated Agency, Story UK Limited ("Story").

 

Story is an award-winning agency with a portfolio of blue-chip Clients including Highland Spring, M&S Bank, VELUX, Ardbeg and Scottish Government. The Weather is a specialist digital Agency, employing 11 staff, whose expertise will complement and extend Story's range of services.

 

The Weather has a profitable and cash generative track record, and the Board of the missiontm expects the Acquisition to make a positive contribution in the current financial year.

 

Executive Chairman of the missiontm, David Morgan, said: "Continuing our strategy of finding complementary businesses to extend and expand the range of services our Agencies can provide, we are delighted to welcome The Weather into the missiontm family."

 

Chief Executive of Story, Sue Mullen, said: "Story has a strong reputation for very creative, integrated work and we are excited about the opportunity to offer The Weather's digital expertise to our Clients."

 

Charlie Cutler, one of the co-founders of The Weather, added: "Since we launched The Weather over five years ago, we have grown the business and its reputation in the Edinburgh market. We are now ready to accelerate our growth through being part of Story's award-winning offering."

 

The Acquisition of The Weather is not a substantial acquisition as defined by the AIM Rules for Companies. As part of the initial consideration for the Acquisition, the missiontm will issue 210,136 new ordinary shares of 10 pence each ("Ordinary Shares"). Further consideration may be payable, subject to The Weather's future performance.

 

Application has been made for the 210,136 new Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares of the Company, to be admitted to trading on AIM, which is expected to be effective from 8.00 am on 19th February 2015. Subsequent to the issue of these new Ordinary Shares, the total issued share capital of the Company will be 83,608,331 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Accordingly, after Admission, the total number of voting rights in the Company will be 83,608,331.

 

Enquiries:

  David Morgan, Executive Chairman

Peter Fitzwilliam, Finance Director

The Mission Marketing Group plc

 

 

020 3463 2099

 

Geoff Nash/James Thompson (Corporate Finance)

Victoria Bates (Corporate Broking)

finnCap Limited

020 7107 8000

 

the missiontm is a network of entrepreneurial marketing communications Agencies employing over 850 people in the UK, Asia and San Francisco. The Group comprises a complementary mix of integrated generalists, specialists in specific marketing/communications activities and specialists in particular market sectors, all providing award-winning solutions to national and international Clients.

 

www.themission.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQGGUWPPUPAGBW
Date   Source Headline
17th May 20163:56 pmRNSLTIP Awards
31st Mar 20163:34 pmRNSIssue of deferred consideration shares
24th Mar 20167:00 amRNSAvailability of Annual Report & Accounts
22nd Mar 20167:00 amRNSAudited results for the year to 31 December 2015
22nd Jan 20167:00 amRNSTrading Update and Notice of Results
14th Jan 20163:14 pmRNSDirector/PDMR Shareholding
18th Dec 20153:37 pmRNSBoard Appointment
9th Dec 20151:46 pmRNSNotification of Director/PDMR shareholding
9th Dec 20157:00 amRNSInvestment in Watchable Ltd.
27th Nov 20157:00 amRNSAcquisition of Chapter Agency Limited
15th Oct 20157:00 amRNSApril Six Opens Singapore Office
24th Sep 20157:01 amRNSBoard Appointment
24th Sep 20157:00 amRNSInterim Results
24th Jul 201511:39 amRNSDirector/PDMR Shareholding
23rd Jul 20153:24 pmRNSExercise of LTIPs; Director and EBT Share Dealings
22nd Jul 20157:00 amRNSTrading update and director change
1st Jul 20157:00 amRNSLaunch of new Sports & Entertainment Agency
15th Jun 201512:34 pmRNSResult of AGM
9th Jun 20152:11 pmRNSDirector/PDMR Shareholding
23rd Apr 20152:45 pmRNSEBT Share Dealing
16th Apr 20152:55 pmRNSLTIP awards and purchase of shares by the EBT
1st Apr 201511:12 amRNSDirector/PDMR Shareholding
30th Mar 20157:00 amRNSDirector/PDMR Shareholding
26th Mar 20157:00 amRNSAudited results for the year to 31 December 2014
3rd Mar 20157:00 amRNSLaunch of bigdog
16th Feb 20157:00 amRNSAcquisition
26th Jan 20157:00 amRNSTrading Update
9th Jan 20157:00 amRNSNotification of Director/PDMR shareholding
7th Jan 20157:00 amRNSIndustry Awards
10th Dec 20149:37 amRNSDirector/PDMR Shareholding
11th Nov 20143:26 pmRNSSIP Announcement
10th Nov 20147:00 amRNSAcquisition
15th Oct 20145:47 pmRNSNotification of Significant Shareholding
10th Oct 201411:49 amRNSHolding(s) in Company
7th Oct 20147:00 amRNSAcquisition & Placing
25th Sep 20147:00 amRNSInterim Results
18th Sep 20147:00 amRNSNotice of Interim Results
4th Aug 20147:00 amRNSAcquisition of Proof Communication Limited
22nd Jul 20143:10 pmRNSAnnual LTIP Awards and Vesting; EBT Share Dealings
14th Jul 20147:00 amRNSTrading Update
26th Jun 201411:30 amRNSDirector/PDMR Shareholding
16th Jun 201412:24 pmRNSResult of AGM
20th May 20147:00 amRNSThe Mission wins gold at 2014 Roses Creative Award
7th May 20147:00 amRNSBray Leino expands Client offering in Singapore
25th Mar 20147:00 amRNSAudited results for the year ended 31 Dec 2013
21st Jan 20147:00 amRNSTrading Update
3rd Jan 20141:25 pmRNSDirector/PDMR Shareholding
29th Nov 20132:59 pmRNSEBT dealing & Exercise of Options
31st Oct 20137:00 amRNSEBT dealing
30th Oct 20137:00 amRNSEBT dealing

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.