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Completion of Acquisition and Issue of Shares

20th Nov 2013 11:00

RNS Number : 5058T
Chime Communications PLC
20 November 2013
 



Chime Communications PLC

 

("Chime" or "The Company")

 

Acquisition of Just Marketing, Inc. ("JMI") and issue of Consideration Shares

 

Chime, the international communications & sports marketing group, is pleased to announce the completion of the acquisition of JMI, a global marketing firm focused on motorsports.

As consideration under the acquisition, Chime today issued 3,287,899 new fully paid ordinary shares. Chime shareholders approved the acquisition at a meeting on 14 November 2013.

The Company confirms that its issued share capital as at the date of this announcement is 98,092,231 ordinary shares each carrying one voting right. No shares were held in treasury.

 

[Ends]

 

For further information please contact:

 

Chime Communications

+44 (0)207 096 5888

Christopher Satterthwaite, Chief Executive

Mark Smith, Chief Operating Officer and Finance Director

Bell Pottinger

+44 (0)207 861 3925

Victoria Geoghegan

Elizabeth Snow

Notes to editors

 

Chime is an international communications and sports marketing group, including CSM, in sports and entertainment; the VCCP Partnership in advertising, the Good Relations Group in public relations, Open Health in healthcare communications, Teamspirit a specialist in financial and professional services and CIE our insight and engagement agency.For more information please go to http://www.chimeplc.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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