Immedia Group PLC Annual General Meeting (5128D)

TIDMIME

RNS Number : 5128D

Immedia Group PLC

26 June 2019

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Wednesday 26 June

For immediate release

Immedia Group PLC

(AIM:IME)

("Immedia" or the "Company")

suppliers of digital audio content solutions to leading brands and global businesses

Annual General Meeting

At today's AGM (Meeting) held at 10am today (26 June 2019) Tim Hipperson, Chairman at Immedia told shareholders:

"Immedia has a unique mix of brand engagement and creative skills. We continue to produce audio and visual content of the highest class for all our clients in particular those across retail, energy and sports.

"As a Board, it has been very encouraging to witness the considerable progress that our business had made in terms of improved client engagement across our portfolio coupled with the successful conversion of a number of opportunities within our opportunities pipeline. We are continuing to benefit from the revised operational structure delivering efficiencies across the business. Our increased geographical reach also reflects our clients' own development in terms of services and presence and, as we said in the Annual Report we expect this trend to continue over the current financial period."

"In May, we were delighted to report that we had won a major AV contract with a blue-chip integrated energy company with headquarters based in Aberdeen. This partnership we anticipate will deliver further projects over the coming months too. In addition, we are working on a number of new business deliverables with several key potential clients across our key target verticals, specifically for the development of Omni-channel and content development, so, we look forward to updating shareholders on all our progress over the coming year."

AGM Resolutions

The Company is pleased to announce that all resolutions put to shareholders today were duly passed at the Meeting.

Resolutions 1, 3 and 5-9 were passed on a show of hands in the Meeting. Resolutions 2 and 4 were passed on a poll.

The results of the poll are set out below:

 
     Resolution         Votes       %      Votes      %     Votes total     % of     Votes withheld 
                         for               against                         issued        (Note) 
                                                                            share 
                                                                           capital 
 2. to approve 
  the report of 
  the Remuneration 
  Committee           4,102,931   90.09    451,280   9.91     4,554,211     31.29%                0 
                     ----------  ------  ---------  -----  ------------  ---------  --------------- 
 4. to re-appoint 
  Mark Horrocks 
  as a Director 
  of the Company      4,102,931   90.09    451,280   9.91     4,554,211     31.29%                0 
                     ----------  ------  ---------  -----  ------------  ---------  --------------- 
 

Note: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

 
 For further information please contact: 
 Immedia Group Plc                                   Tel: [phone] 
  Tim Hipperson, Non-executive Chairman 
  Bruno Brookes, Chief Executive 
 SPARK Advisory Partners Limited (Nomad)             Tel: [phone] 
  Mark Brady 
  Neil Baldwin 
 SP Angel Corporate Finance LLP (Stockbroker)        Tel: [phone] 
  Abigail Wayne 
 TooleyStreet Communications (IR & Media             Tel: [phone] 
  Relations) 
  Fiona Tooley 
 

About Immedia Group

Immedia is a multi-media content and digital solutions provider to global businesses and organisations, who are investing in internal and/or brand communications.

Our business provides a wide range of 'live' branded channels specifically to retail locations across the UK and Europe with an estimated listening audience of 8.5 million listeners per week. Immedia's interactive audio channels deliver original and relevant content, via its own DreamStream-X platform with encrypted Dreamstream technology deployed in each location. Dreamstream-X provides a mix of 'on brand' national and localised content to a client's workforce and customer base. Each channel is supported with powerful data analytics tools which monitor audience activity and provide data to enable us to further enhance audience engagement.

Immedia Group also creates original video content, 3D animation, app and web development, as well as supplying and installing Audio Visual equipment.

Immedia clients include, HSBC, Shell, Subway, BP, Nationwide Building Society, JD Sports, O2, BMW, IKEA and FIFA.

To read more about our business, visit www.immediaplc.com or email us on [e-mail].

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

RAGFFMMTMBJTBIL

(END) Dow Jones Newswires

June 26, 2019 06:36 ET (10:36 GMT)