MILESTONE GROUP PLC
("Milestone" or the "Company")
Milestone signs cooperation agreement with the Social Stock Exchange
Milestone (AIM: MSG), the AIM quoted provider of digital media and technology solutions and the Social Stock Exchange (SSX) announce the signing of a cooperation agreement with the Social Stock Exchange specifically aimed at generating revenues, building membership and raising the profile of both organisations.
The Social Stock Exchange provides access to the world's first regulated market dedicated to businesses and investors seeking to achieve a positive social and environmental impact through their activities. Approved membership of the SSX stands at 44 companies with a combined value of over £2.3bn.
The cooperation agreement will involve, but is not exclusive to, introducing new members to each organisation, joint promotion, developing strategic partnerships and establishing an investment fund. Milestone will offer its financial and e-media technology, and through its recently announced partnerships, expertise in training and sourcing the right new generation of employees for the Social Stock Exchange and its members.
Milestone has this year focused heavily on attracting partnerships with organisations with national reach, expertise in sectors which to date have been seen as difficult to get into and the same goal as Milestone of creating a large and trusted organisation bringing the best next generation of talent into the right businesses. This agreement with the Social Stock Exchange will help increase the Company's visibility nationally and is another very important milestone to achieving meaningful revenues.
Deborah White, CEO of Milestone commented:
"The Social Stock Exchange is the perfect partner to pull together all Milestone Group's efforts and partnerships to take the Passion Project national. Our products and services are a natural fit for those businesses which have passed the strict criteria for a listing on the Social Stock Exchange and the Exchange itself offers a compelling service which we will promote to our partners."
Tomás Carruthers, CEO of the Social Stock Exchange, added:
"The primary role of the Social Stock Exchange is to help those businesses making a positive impact as well as a financial return find aligned investors. However we also recognise the significant power of our growing network, and have already seen agreements struck between member firms. We are delighted to have this opportunity to help Milestone tap into the potential that's on offer."
For further information:
|Milestone Group PLC|
|Deborah White, Chief Executive||Tel: 0207 929 7826|
|Cairn Financial Advisers LLP, Nominated Adviser|
|Liam Murray||Tel: 0207 148 7900|
|Hybridan LLP, Broker|
|Claire Louise Noyce||Tel: 0203 764 2341|
|Walbrook PR Limited, PR|
|Gary Middleton/Paul Cornelius/Paul Whittington||Tel: 0207 933 8780|
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Milestone Group PLC via Globenewswire