Source - RNS
RNS Number : 1729K
Immedia Group PLC
09 April 2018
 

 

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.

 

 

 

Monday, 9 April 2018

For immediate release

 

 

Immedia Group plc

("Immedia" or "the Company")

Update

 

 

Major Contract Extension

In March 2017 Immedia (AIM: symbol: IME), a supplier of multi-media content and digital solutions for leading brands and global businesses, announced that it was undertaking a significant trial of its live broadcast services with a third party on behalf of a major UK high street financial institution.

 

Today, the Company is delighted to announce that subsequently it has signed a substantial equipment installation contract with a designated contractor on behalf of the same major UK financial institution.  This installation work, in more than 450 branches, is to be undertaken in the current financial year.

 

There is also a contract in place with this financial institution relating to the production and delivery by the Company of live radio services for an extended trial period.

 

At this stage, until the service contract is competed in full, the Company is restricted from disclosing any further information. 

 

Notice of results

Immedia expects to announce its full year results for the year ended 31 December 2017 in mid-April, at which time it will update the market further on current trading.

 

 

 

For further information please contact:

 

 

 

Immedia Group plc

Tim Hipperson, Non-executive Chairman

Bruno Brookes, CEO

www.immediaplc.com

Tel:  +44 (0) 1635 556200

 

 

SPARK Advisory Partners Limited (Nomad)

Mark Brady

Neil Baldwin

Tel:  +44 (0) 203 368 3550

 

 

SI Capital Limited (Stockbroker)

Nick Emerson

Tel:  +44 (0) 1483 413500

 

 

Yellow Jersey (Commercial & Trade Media PR)

Adam Wurf

Abs Hassanali

 

Tel: +44 (0) 7812 450 398

Tel: +44 (0) 7400 227 701

 

 

TooleyStreet Communications (IR & Media Relations)

Fiona Tooley

Tel:  +44 (0) 7785 703523

 

 

 

About Immedia Group plc

Immedia Group plc 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, Superdrug, JD Sports, O2, BMW, IKEA and FIFA.

 

To read more about our business, visit www.immediaplc.com 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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