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mporium Group PLC - Proposed Subscription

RNS Number : 9373Z
mporium Group PLC
20 December 2017
 

 

Mporium Group plc

 

("Mporium" or the "Group")

 

Proposed Subscription

 

Mporium Group plc (AIM:MPM), the technology company that delivers high performance advertising campaigns, announces that it is currently considering a private subscription for new ordinary shares by certain of Mporium's current investors within the Group's existing pre-emptive authorities. The issue price of the new ordinary shares will be no greater than Mporium's mid-market closing price on the trading day prior to closing the private subscription.

 

Further updates will be provided in due course.

 

-Ends-

 

Enquiries

Mporium

+44 20 3841 8402

Barry Moat, Executive Chairman


Nelius De Groot, Chief Executive Officer




N+1 Singer (Nominated Adviser & Broker)


Michael Taylor

+44 207 496 3000

Mark Taylor


 

Alma PR:

+44 20 3865 9668

Rebecca Sanders-Hewett

Josh Royston


Susie Hudson


 

 

Notes to Editors

 

About Mporium

Mporium is a technology company that delivers high performance advertising campaigns, maximising the advertiser's return on investment.

 

Mporium's proprietary technology, IMPACT, enables advertisers and the media agencies that serve them, to achieve better outcomes from digital advertising campaigns. The patent pending technology allows advertisers to target consumers when real world events stimulate consumer interest, delivering high performing digital advertising campaigns from brand advertising to direct response.

 

The technology has already been adopted by several market leading media agencies. Although the Company is based in the UK, the technology has been used to drive campaigns globally.

 

Based in the UK, Mporium Group plc is quoted on AIM, the growth market of the London Stock Exchange plc.

www.mporium.com


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