Asg Media Share Discussion Threads

[pooley1] 19/5/2009 13:35

about time - onwards & upwards
GL one & all

[asparks] 19/5/2009 13:29

nice rise, but long way to go til I am in profit

[andrbea] 19/5/2009 13:28

wonder if the 88k was a filled (delayed) buy

[california joe] 19/5/2009 13:21

Sony Signs Sponsorship with DOOH Film Festival (Avanti Screenmedia)





TIDMASG

RNS Number : 5065S
Avanti Screenmedia Group PLC
19 May 2009

?
19 May 2009


Avanti Screenmedia Group plc
("Avanti" or the "Company") (AIM: ASG.L)


Avanti signs Sony as Global Sponsor for DOOH Short Film Festival




Avanti, the leading digital screen media specialist, announced in March that
'Art by Chance - the first Ultra Short Film Festival' running exclusively on a
Digital 'out of home' ("DOOH") network, will use Avanti's DOOH network in the
UK.


Avanti is pleased to announce that Sony United Kingdom Limited has agreed to be
Global sponsor Art by Chance.


Billed as the "largest public art event ever" the festival is a global event
that is being screened across 14 countries in 64 cities worldwide. The festival
will run from 22 May to 3 June 2009


For this unique event, Avanti has also recruited several other high profile
operators in the UK including the BBC's 16 large format LED Screens located in
major city centres and City Gateway's LED screen in Manchester. With these and
other DOOH networks, the festival will be broadcast to an estimated weekly
audience of 25m in the UK alone.


Based around the theme 'Journey', there have been over 700 entries to the event.
Judging is now taking place to find the Top 30 short film entrants to appear
onscreen during the two week Festival.


Simon Rees, CEO of Avanti, comments:
"We're delighted to announce Sony as the Festival sponsor. While the Sony brand
is recognised for its technical innovation and creativity, the company's
involvement clearly demonstrates its belief in digital media as a creative and
impactful communication platform. 'Art by Chance' is a unique event which we
believe provides a step-change in awareness and flexibility of the medium".


Stuart Pemble, of SONY Professional (Europe), comments
"Working with the 'Art by Chance Festival' we can see how Digital Media can be
used not only for commercial purposes, but also to bring creativity and create a
large impact on a broader audience. The engagement people have with screens in
their everyday lives means that the ultra-short films presented through this
communication channel will really help people to see digital media in a new
way."

[california joe] 19/5/2009 13:20

Come on guys, wakey wakey!

[anusol] 07/5/2009 10:43

a tick up !!!

[mikejonesfam] 05/5/2009 19:52

16/04/07 avanti screenmedia demerges and avanti communications is formed.

We are the bit left with most of the debt and none of the funding.

[narcosis78] 05/5/2009 15:34

Different company chubby

[argy2] 05/5/2009 07:07

I think not chubby16

[maxprofit2] 30/4/2009 07:32

trafford win not quite as good as it appears to be.....

[blueblood] 30/4/2009 07:17

wish they would just hurry up or they will issue more shares and get us at c2p. The BoD should be looking after all shareholders and an offer of c3p now would seem the best option imho.

[maxprofit2] 28/4/2009 17:03

i need 6.4p, at the moment so i will be looking to average down, before neo cash in their loan shares and their holding becomes more than 30% at that time they will have to make us a reasonable offer.

[california joe] 28/4/2009 16:45

4p will do me, breakeven!

[maxprofit2] 28/4/2009 16:24

if i rember correctly the directors reduced their loan shares from 7p to 2.75p, so i can only guess something just above that to give them some interest.

[california joe] 28/4/2009 16:09

So, what price to buy us out?

[maxprofit2] 28/4/2009 15:55

director commitment???......only to themselves, more like they have agreed the time and price for neo to buy us out.

the contract wins are good news but they have no money to fund them, so expect a lot more dilution and loans as they have just been given permission to issue up to 300,000,000 shares at the last agm.

[kish_008] 28/4/2009 15:24

This is fantastic news! And directors showing commitment by taking shares! Looking very good!

[california joe] 28/4/2009 15:22

The Trafford Centre is a nice win, only just down the road from me, has to be the most impressive shopping centre in the UK!

[california joe] 28/4/2009 15:19

RNS Number : 3053R
Avanti Screenmedia Group PLC
28 April 2009

28 April 2009


Avanti Screenmedia Group plc
("Avanti" or the "Company") (AIM: ASG.L)


Funding update


Avanti, the leading digital screen media specialist, announces that it has
secured further short term funding from Neo Media Group SA ("Neo Media"). The
Company also announces further significant account wins.


The Company has won new contracts for three shopping malls at Trafford Centre,
Manchester, Gloucester Quays, Gloucester and Paradise Forum, Birmingham. Avanti
now has contracts with 38 shopping malls in the UK, including 4 in the Top 7
(source: TWA ranking 2008) with a weekly audience of over 9.3 million.


These further contract wins follow the new account wins that were announced last
month. However, the higher level of activity carries an increased level of
capital expenditure and greater working capital requirement. As announced
previously the Board of Avanti is continuing to seek further short term funding
to meet the Company's immediate working capital requirement as well as to
finance the further growth and development of the business. In order to aid the
Company's funding requirement the Directors have agreed to convert all of their
Convertible Loan Notes into ordinary shares, as set out below. The Convertible
Loan Notes were subscribed at GBP1 each, and are convertible at 1p per new
ordinary share. While this has no direct cash benefit to the Company,
conversion will reduce the overall level of borrowings within the Group which
the Board anticipates will aid the Company in its search for further funding.


+------------------------+--------------+--------------+--------------+--------------+
| | Convertible | New ordinary | Resulting | % holding |
| | Loan Notes | shares on | shareholding | |
| | | conversion | | |
+------------------------+--------------+--------------+--------------+--------------+
| Gary Truman | GBP100,000 | 10,000,000 | 10,314,107 | 11.63 |
+------------------------+--------------+--------------+--------------+--------------+
| Simon Rees | GBP50,000 | 5,000,000 | 5,002,500 | 5.64 |
+------------------------+--------------+--------------+--------------+--------------+
| Richard Vos | GBP50,000 | 5,000,000 | 5,001,900 | 5.64 |
+------------------------+--------------+--------------+--------------+--------------+
| Michael Desmond | GBP25,000 | 2,500,000 | 2,500,000 | 2.82 |
+------------------------+--------------+--------------+--------------+--------------+


Furthermore, the Board is pleased to announce that Neo Media has committed a
further GBP250,000 to the Company through subscription for further Convertible
Loan Notes which, when converted at the 1p per share conversion price, will
require the issue of a further 25 million new ordinary shares (the "Neo Media
Subscription"). Following the Neo Media Subscription, Neo Media will hold
17,636,363 ordinary shares, representing 19.89 per cent of the enlarged issued
share capital, and convertible loans which upon full conversion will require the
issue of a further 145,000,000 new ordinary shares. Upon full conversion of
their convertible loan notes Neo Media will own up to a maximum of 69.61 per
cent of the Company's enlarged issued share capital.


The Directors, having consulted with Charles Stanley Securities, believe that
the terms of the Neo Media Subscription are fair and reasonable so far as
shareholders are concerned.The Directors reiterate that while the Neo Media
Subscription meets the Company's immediate working capital requirements the
Company is continuing to seek further short term funding.


Application has been made for the 22,500,000 new ordinary shares to be admitted
to trading on AIM and it is expected that admission will take place on 5 May
2009. The new ordinary shares will rank pari passu with the existing shares of
the Company. Following this issue the total issued share capital of the Company
will increase to 88,636,036 ordinary shares of 1 pence each. A total of GBP2.3m
Loan Notes remain in issue.


- ENDS -

[oh_no] 25/4/2009 07:09

This will be less than a penny in a few weeks.. I've now sold all of my holding and intend to move on from here..

Good luck to all those optimists that think this is going somewhere.. I'm afraid you are wrong. Neo will take this over via the backdoor and you will end up with sweet FA.

[andrbea] 22/4/2009 13:08

uptick

but no volume

MMs trying to make a market, but too many people got stung in the past..

silly really, as the Canadian/Swiss giant that has a stake in them now must (IMO) give long-term survival, something they didn't have 6 months ago.

[oh_no] 21/4/2009 07:54

No problem Money Spinner.. just don't be a sheep..