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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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The Market Age | LSE:TMA | London | Ordinary Share | GB0009256867 | ORD 1P |
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0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
RNS Number:1258Z Market Age PLC 27 May 2004 Re: Product launch and name change Launch of equities research and re-branding of Group as Independent International Investment Research PLC In its 2003 Report and Accounts, the Group signalled its intention to change its name to better reflect its core activities. At an EGM held on 26 May, a resolution was passed to change the name to Independent International Investment Research PLC. Accordingly, this will take effect on confirmation from Companies House. At the same time, the ticker for the company will change to IIR, and the Group will launch its new website at www.iirgroup.com The Group expects the name, in common usage, will be abbreviated to "Independent II Research". Further, the name of the Group's majority-owned subsidiary which was established in 2002 to address research into global equities, has changed from WTV (Media) Limited to Independent Financial Markets Research Limited. Group chief executive Shane Smith comments: "The appetite for independent research in all asset classes is growing apace, but particularly for equity research and particularly in the US. We have been providing foreign exchange research since 2001, and we have been working on the equities product since 2002. Last year, the Global Research Analyst Settlement in the US, worth more than $430m over five years, gave the independent research market a very substantial boost and we have been working with key figures involved in the Settlement to refine our offering so that it closely meets the requirements of the investment banking community. Our new branding conveys to our target market the message about what we do, in the most effective language possible". -Ends- For further information please contact: Shane Smith, CEO Pronet +44 7785 276 703 shane.smith@pronetanalytics.com Analytics.com Ltd. Notes to editors: The Market Age was admitted to the Alternative Investment Market in 2000. Pronet Analytics.com (PAL), a wholly owned subsidiary, is a financial application service provider ("ASP") which delivers proprietary independent research in real time with visual and intuitive analysis of global markets for the professional/institutional market. The Pronet Service provides a simple framework to compare and evaluate spot FX as well as interest rate and other exchange-traded derivatives. Since gaining FSA-regulated status and SEC Registration in April 2001, PAL has extended its service offering to Investment Advice, analysis and strategies to the hedge fund, corporate and retail markets, in addition to its core professional/institutional market. The firm has been ranked in the global top-five independent firms for FX research in 2001, 2002 and 2003. This information is provided by RNS The company news service from the London Stock Exchange END PRLQKAKPABKDFPB
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