Beskrivning
Land | Storbritannien |
---|---|
Sektor | Tjänster |
Industri | Allmänna tjänster |
London, 22 June 2018: The Marketing Group plc ("TMG" or the "Group"), which has recently undertaken a corporate rebranding to RYVL, announces the voluntary liquidation of its wholly owned Australia based B2B telemarketing subsidiary, The Lead Generation Company Pty Ltd ("Lead Generation").
Lead Generation was profitable up to October 2017, but following the loss of a major client, Lead Generation has not been profitable and the best course of action was deemed to place the company in liquidation. The Lead Generation service offering is not considered core to the Group's strategy moving forward and was not a material part of its activities. Following the liquidation of Lead Generation, management's expectations for the Group's 2018 financial performance remain unchanged.
For further information please contact:
Adam Graham, CEO
Email: investorrelations@tmg-plc.com
Media
Lydia Oakes
Phone: +44 (0)7710 244573
Email: lydia@bluestripemedia.co.uk
Investor Relations
Tim Metcalfe
Miles Nolan
Phone: +44 (0) 203 934 6630
Email: investorrelations@tmg-plc.com
The Marketing Group plc ("TMG") in brief
TMG, which has recently undertaken a corporate rebranding to RYVL, is building a global full-service marketing network, powered by technology, that provides a fresh alternative for global brands that want to see more bang for their buck. With offices in America, Europe, Asia and Australasia, TMG's collaborative network of agencies provide a holistic service to deliver highly effective results.
The Marketing Group is listed on Nasdaq First North, Stockholm: www.ryvl.com
Mangold Fondkommission AB, +46 8-5030 15 50, is the company's Certified Adviser and liquidity provider.