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Share Name Share Symbol Market Type Share ISIN Share Description
Mirriad Advertising Plc LSE:MIRI London Ordinary Share GB00BF52QY14 ORD GBP0.00001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 15.85 15.70 16.00 16.25 15.85 15.85 116,945 08:00:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 1.1 -12.2 -8.0 - 34

Mirriad Advertising PLC Corporate Broker Appointment

05/03/2020 7:00am

UK Regulatory (RNS & others)


Mirriad Advertising (LSE:MIRI)
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From Mar 2020 to Jun 2020

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TIDMMIRI

RNS Number : 0510F

Mirriad Advertising PLC

05 March 2020

5 March 2020

Mirriad Advertising plc

("Mirriad" or the "Group")

Corporate broker appointment

Mirriad Advertising plc ('Mirriad'), the computer vision and AI platform company, today announces that it has appointed Canaccord Genuity as its nominated advisor and corporate broker.

The appointment follows a competitive process that was initiated in 2019 where participants were taken through Mirriad's vision, growth strategy and business and technology roadmap.

Stephan Beringer, CEO of Mirriad, said: "The appointment of a new corporate broker is a further step in our strategy of developing a game changing proposition for the content and marketing industries. Canaccord Genuity impressed us with their technology credentials, their enthusiasm for our business, their reach into the US and the strength of their research capability.

"Progress towards the adoption of our solution is happening across all forms of distribution in our key markets as planned and this transformational phase builds on the strong foundations established by the successful fundraise last year."

ENDS

About Mirriad

Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.

Mirriad currently operates in the US, Europe and China.

Enquiries:

For further information please visit www.mirriad.com or contact:

Mirriad Advertising plc

Stephan Beringer, Chief Executive Officer

David Dorans, Chief Financial Officer

Tel: +44 (0)207 884 2530

Nominated Adviser & Broker :

Canaccord Genuity Limited

Simon Bridges

Thomas Diehl

Tel: +44 (0)20 7523 8000

Financial Communications:

Charlotte Street Partners

Tom Gillingham Tel: +44 (0) 7741 659021

Andrew Wilson Tel: +44 (0) 7810 636995

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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

March 05, 2020 02:00 ET (07:00 GMT)

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