15th May 2009 07:00
The Mission Marketing Group plc
Placing of New Shares
15 May 2009
The Mission Marketing Group plc ("TMMG, themission®"), the UK marketing communications group, is pleased to announce it has today raised £1 million (gross) through the placing of 2,500,000 new ordinary shares at 40 pence per share with certain new and existing institutional shareholders.
Iain Ferguson, Chief Executive Officer, commented: "We were delighted with the reaction we received following the publication of our preliminary results for the year ended 31 December 2008. This support from institutional investors has enabled us to utilise our authorities to raise these additional equity funds."
Application will be made for the 2,500,000 new ordinary shares to be admitted to trading on AIM and dealings are expected to commence on 21 May 2009. The total number of ordinary shares in issue following the placing and therefore the total number of voting rights will be 35,576,828.
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Iain Ferguson, Chief Executive The Mission Marketing Group plc |
020 7395 7575 |
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Tim Alderson, Chief Financial Officer The Mission Marketing Group plc |
020 7395 7572 |
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Charles Palmer/ Nicola Biles Financial Dynamics |
020 7831 3113 |
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Mark Percy/ Sarah Jacobs Seymour Pierce Limited |
020 7107 8000 |
www.themission.co.uk
themission® is a national marketing communications and advertising group with 12 offices across the UK. The Group specialises in providing national and international clients with award winning marketing, advertising and business communications. Group members include April-Six, Bray Leino, Big Communications, Fuse Digital, thinkBDW, Story UK and RLA. themission® employs over 620 staff nationally and is listed on AIM (TMMG).
Related Shares:
The Mission Group