7digital Group PLC Annual Report, Notice of AGM & Acquisition Update (1952H)

TIDM7DIG

RNS Number : 1952H

7digital Group PLC

06 June 2017

6 June 2017

7digital Group plc

("7digital" or "the Company")

Posting of Annual Report, Notice of AGM & Update on Acquisition

7digital (AIM:7DIG), the B2B digital music and radio services company, is pleased to announce that its Annual Report & Accounts ('Annual Report') for the year ended 31 December 2016 has been posted yesterday to shareholders together with the Notice of Annual General Meeting ('AGM') for shareholders. The Company's AGM will be held at 11.00 am on 28 June 2017 at the offices of Osborne Clarke, 1 London Wall, London EC2Y 5EB.

The Annual Report and Notice of AGM are now available for download on the Company's website at http://about.7digital.com

Acquisition of 24-7 Entertainment

Further to the announcement on 10th March regarding agreed heads of terms with MediaMarktSaturn, 7digital's acquisition of 24-7 Entertainment is progressing as expected. The acquisition is expected to be completed in the next two weeks and the Company will update shareholders again at that time.

ENDS

Enquiries:

 
                                                 020 7099 
 7digital Group                                   7777 
 Simon Cole, Chief Executive 
 Matt Honey, Chief Financial Officer 
  Holly Ashmore, PR Manager 
 
 
   finnCap (nominated adviser and                  020 7220 
   broker)                                         0500 
 Geoff Nash / Carl Holmes - Corporate 
  Finance 
 Malar Velaigam / Mia Gardner 
  - Corporate Broking 
 
 
   Weber Shandwick (financial PR 
   agency) 
   Nick Oborne - [e-mail] 
   Tom Jenkins - TJenkins@ webershandwick.com 
                                                   020 7067 
   About 7digital (http://about.7digital.com)      0000 
 

7digital is the global leader in end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Global Radio and musical.ly. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Electric Jukebox and Panasonic, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 06, 2017 02:00 ET (06:00 GMT)