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IME Immediate Acquisition Plc

17.75
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Immediate Acquisition Plc LSE:IME London Ordinary Share GB0033881904 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 17.75 17.50 18.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Immedia Group PLC Trading Update (6063H)

19/08/2016 7:00am

UK Regulatory


Immediate Acquisition (LSE:IME)
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TIDMIME

RNS Number : 6063H

Immedia Group PLC

19 August 2016

 
 
 

19 August 2016

Immedia Group Plc

("Immedia" or the "Group")

Trading Update

Immedia Group PLC (AIM: IME), a supplier of digital audio content solutions for leading brands and global businesses, announces that its contract with Arcadia Group Ltd will expire in December 2016.

However, the Group is pleased to announce that it is seeing significantly higher than expected uptake of SUBWAY(R) Radio by franchisees, further to the contract announced on 8 April 2016. The Board of Immedia expects uptake to further accelerate into the next financial year as the service is rolled out across existing stores and new franchises are opened.

Immedia is also at an advanced stage of product and service development with a major UK retailer and an announcement of a substantive deal is expected in the near future.

Ends

For further information please contact:

 
Immedia Group Plc                 Tel: +44 (0) 1635 
 Bruno Brookes - Chief Executive   556200 
 Officer 
SPARK Advisory Partners           Tel: +44 (0) 203 
 Limited (NOMAD)                   368 3550 
 Mark Brady/Neil Baldwin 
SI Capital Ltd (Broker)           Tel: +44 (0) 1483 
 Nick Emerson/Andy Thacker         413500 
Hudson Sandler                    Tel: +44 (0) 207 
 Catriona Valentine                796 4133 
 

About Immedia Group Plc - www.immediaplc.com

Immedia Group Plc supplies digital audio content solutions, delivered via a scalable audio content streaming platform which enables businesses to stream bespoke digital radio channels to internal and external audiences. Each bespoke channel includes interactive functionality and powerful data analytics tools which can be used to improve and fine-tune content to help increase audience engagement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTUWUURNAAWAUR

(END) Dow Jones Newswires

August 19, 2016 02:00 ET (06:00 GMT)

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