Retec Share Discussion Threads

[currypasty] 07/2/2007 07:46

7 February 2007 RETEC DIGITAL PLC ("Retec" or "the Group") Appointment of Non-Executive Director Retec Digital PLC ("Retec" or the "Group"), the in-store digital marketing
company, is pleased to announce the appointment of Ian Deste, 46, as a
Non-Executive Director with immediate effect.
Ian Deste is currently VP Sales & Marketing at Coca-Cola Enterprises Ltd. He
has been at Coca-Cola Enterprises Ltd since 1990 in a number of roles,
including public affairs for the Group, and today he is responsible for all
sales and marketing in the UK. He was previously at Grand Met Brewing and
British American Tobacco ("B.A.T") where he focused on similar roles and
responsibilities.
No further disclosure is required under Paragraph (g) to Schedule Two of the
AIM Rules.
John Cole, Chief Executive, stated:"We are delighted to welcome Ian to the Board. Ian's significant experience in
both consumer marketing and major customer management will be invaluable to
Retec as we seek to strengthen our position in the UK retail market. The Board
feels confident his skills will be of great benefit to the Group and we look
forward to working with Ian." -Ends- For further information please contact:Retec Digital PLC 01462 482944

John Cole, Chief Executive

Charles McKay, Finance Director

Hogarth Partnership Ltd 020 7357 9477

Georgina Briscoe / Ian Payne Notes for Editors:Retec Digital PLC provides retailers with an in-store digital marketing package
designed to increase core sales, provide additional revenue over and above
this, improve cost control and customer satisfaction.
The Company's solution comprises three basic components: plasma screens for
general in-store advertising; shelf-edge interactive systems activated by touch
screen, keyboard or bar-code; and shelf-edge broadcast systems sited next to a
specific range, carrying advertising and promotional content on these products.
It already has systems installed in major retail chains including Sainsbury's,
WH Smith, Tesco, Boots and Woolworths.
Flexible and versatile, Retec's solution can incorporate a mixture of advanced
products within its range. These include:Entertainment Xtra - a communications channel incorporating the range of the
company's system aimed at promoting home entertainment products such as music,
films, games and books. Other customers include Sainsbury's, Tesco and WH
Smith.
Product Finder - this is used to locate any product within a store and can be
used in conjunction with other applications within the company's portfolio.
Guided Selling - a touch screen providing audio/visual information/instruction
on products at the point of sale. This is currently installed on behalf of
beauty products group L'Oreal in 125 Boots stores in UK and in the Netherlands
and Republic of Ireland.
Electronic Top-up - a generic term for the use of a terminal for a transaction
by a customer. Retec's product suite has the ability to top up a mobile phone,
sell mobile phone content (games, logos etc), purchase of gift cards and
interaction with loyalty schemes. Customers of this product type are Boots and
Woolworths.
Display Networks - consists of a number of plasma screens linked together to
broadcast content. At present, installed in Sainsbury's Bank.

[sf5] 01/2/2007 20:15

For what it's worth, there was this snippet in the prospectus sent to investors in Elite at the time of the fund raising for the reversal into RET. I would hope they view it as a long-term strategic investment.
Many years since I last read the Beano!

"The Equity Investment
The Partnership has negotiated to subscribe to a 12.5 million Ordinary Shares from the Company. In parallel with this
Meadowside Leasing Limited, a company owned by DC Thomson , a publishing and media company (owners of The Beano),
and other existing investors will simultaneously make a similar investment."

The management also sound canny operators - apologies for the lack of formatting:


"Management and Board of Retec
Key management
The management team at Retec consists of a team with broadly based skills and experience:
Bryan Ellis
Non-Executive Chairman
and Non-Executive Director
of Elite Strategies Plc
Currently Chairman of the British Toy and Hobby Association, Chairman of the
Marketing and Commercial Communications Committee of the toy industries in
Europe, and a member of the Commercial Communications Group for the
European Parliament.
Formerly General Manager of Hasbro.
Brian Ivory CA
Non-Executive Director
Brian is currently Chairman of the Scottish American Investment Company plc
and a director of a number of public companies including HBOS plc and Remy
Cointreau SA of France.
Formerly Chief Executive of Highland Distillers.
John Cole
CEO and Non-Executive
Director of Elite Strategies
Plc
25 years experience in the retail industry. Started his first company, Showcard
Systems in 1972 which was a traditional POS company. The company was sold
to Havelock Europa in 1991. He then joined Lionheart Plc as MD of Norank
Murrel which manufactured merchandising equipment for major retailers. During
this time he acquired a number of businesses the largest being Sloane. In 1993,
upon the acquisition of Sloane, John became Chairman of the Retail Group
within Lionheart. In 1996 the retail group of Lionheart was sold to Princedale Plc
and he stayed with the business until 1999. During his time the retail group
turnover increased from £3m in 1991 to £35m in 1999. He started Retec in 1999
and commenced trading in 2000.
Charles McKay FCA
Chief Operating Officer
Qualified with PricewaterhouseCoopers in 1990 working in general practice,
litigation and training. Subsequently joined Exel plc in 1993 in Corporate
Finance before moving on to be Finance Director over one division with annual turnover of £250m. Joined the global change management team in 1998 and
implemented key changes within the business. In 2000 became CEO and Group
FD for Recall Group Plc quoted on Ofex. Persuaded BAE SYSTEMS to become
an equity partner and raised in excess of £5m. Turnover increased from zero to
£12m in 18 months through acquisition. Joined Retec in January 2003 and is
responsible for both finance and operations."

[the prophet] 01/2/2007 17:13

-many thanks MG

[sheldon trainers] 01/2/2007 16:59

Received.

Thanks

[masurenguy] 01/2/2007 16:50

Sheldon - sent again.
Prophet - you've got mail.

[sheldon trainers] 01/2/2007 16:41

Masurenguy, thanks but there are no attachments!

[the prophet] 01/2/2007 16:39

Masurenguy

-also interested please!

[e-mail]

TIA

[masurenguy] 01/2/2007 16:32

hastings - got the first one - cheers !
sheldon - you've got mail.

[sheldon trainers] 01/2/2007 16:25

Masurenguy/Hastings

I would be interested in any presentations or notes you have. Thanks.

[e-mail]

[hastings] 01/2/2007 16:11

Masurenguy, first note sent dated end Nov-Dec, will forward the latest one shortly.

[masurenguy] 01/2/2007 15:26

Please do.

[hastings] 01/2/2007 15:16

Masurenguy>>> Would you like me to forward you the notes i have from the House Broker?

[masurenguy] 01/2/2007 14:51

WB sent - can you confirm on receipt that the attachments were with the email since they don't show up in my hotmail Sent File.

[wonder boy] 01/2/2007 14:41

Masurenguy, I'd like to take a look, thanks.

[e-mail]

[masurenguy] 01/2/2007 14:30

Hastings - sent !

[hastings] 01/2/2007 14:21

Thanks for that Masurenguy,

[masurenguy] 01/2/2007 14:17

Hastings - I have obtained a copy of their Powerpoint Presentation to prospective investors during their 'City Day' last week.

If you or anyone else would like a copy just post your email address and I will send it to you. I'll let you know when I've sent it so you can delete your email address from this thread.

[entj] 01/2/2007 11:36

The news is definitely spreading!

[masurenguy] 01/2/2007 09:39

Hastings - Thanks for the shareholding information in post #65. That accounts for circa 36.5m shares or around 29% of the total issued shares. Are there any other sources of information where we might find out who the other significant holders (above 3%) might be ?

Incidentally your figure of total shares in issue would appear to be slightly outdated. The last RNS that referred to this was issued on Nov 23rd (see the extract below) and that quoted 125.7m as at that date.

Extract from RNS dated 23/11/07
"The Company has now acquired the remaining balance of the Retec Interface Ltd
Ordinary shares for which acceptances were not received pursuant to the
statutory rights under section 429 of the Companies Act 1985. Accordingly the
Company has issued and allotted a further 553,500 Ordinary Shares. It is expected that Admission will take place and that dealings will commence on Friday 24 November 2006. The New Ordinary Shares, are issued, and fully paid and will rank pari passu in all respects with the existing Ordinary Shares. Consequently the enlarged issue share capital of the Company is now 125,709,141 ordinary shares".

[hastings] 01/2/2007 08:27

Should be interesting to see what the Interims throw up at the end of this month.

[hastings] 01/2/2007 08:09

Here is a current list of who has what and percentage.
Retec Digital PLC
Shareholders

Shares in issue: 116.7m 0.5p Ords
Major Shareholders Amount % Holding
Forest Nominees Ltd 19.10
Meadowside Leasing Ltd 13.40
Integrated Financial PLC 3.30

Other Directors Amount % Holding
John Cole • 442,922 0.352
Bryan John Ellis • 250,000 0.199

[dusseldorf] 31/1/2007 20:37

Masurenguy - no problem, worth digging it out as changing a companies name is a good way of 'hiding' some of the facts of its history. I lived/worked in Dusseldorf for a couple of years (when I set up my advfn account) hence the name. Been watching ETS/RET for a couple of years hence general interest