The Mission Marketing Group PLC Issue of Equity (5023V)

TIDMTMMG

RNS Number : 5023V

The Mission Marketing Group PLC

09 April 2019

The Mission Marketing Group plc

Issue of Equity

The Mission Marketing Group plc ("themission", "the Company" or "the Group", AIM: TMMG), announces that it will issue a total of 938,214 ordinary shares of 10p each in the Company ("Ordinary Shares") as part of its settlement of earn-out obligations following the finalisation of the audit of the Group for the year ended 31 December 2018.

A total of 158,799 Ordinary Shares will be issued to the vendors of RJW & Partners Ltd ("RJW") based on an average share price over the 5 preceding business days of 64.5 pence per share and a total of 779,415 Ordinary Shares will be issued to the vendors of Krow Communications Ltd ("krow") based on an average share price over the 10 preceding business days of 64.15 pence per share. The closing price of themission on 8 April 2019 was 64.5 pence.

Application has been made for the 938,214 Ordinary Shares to be issued to the vendors of RJW and krow (the "Earnout Shares") to be admitted to trading on AIM, with admission expected to take place on 12 April 2019 ("Admission").

Following the issue of the Earnout Shares, there will be 85,295,565 Ordinary Shares in issue. The Company holds no Ordinary Shares in treasury and therefore this figure may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

 
 David Morgan, Chairman 
  Peter Fitzwilliam, Finance Director 
  The Mission Marketing Group plc            020 7462 1415 
 
   Mark Percy / James Thomas (Corporate 
   Advisory) 
 Shore Capital (Nomad and Broker)          020 7408 4090 
 

themission is a network of entrepreneurial marketing communications Agencies employing over 1,000 people in the UK, Asia and US, working together to provide Clients with the expertise and resource to make them more successful in today's dynamic environment.

www.themission.co.uk

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April 09, 2019 02:01 ET (06:01 GMT)