Issue of Equity
May 06 2008 - 2:00AM
UK Regulatory
IMSG
Date: 6 May, 2008
On behalf of: International Marketing & Sales Group Limited ("IMSG" or "the
Group")
Embargoed: 07:00hrs
International Marketing & Sales Group Limited
-- Completion of acquisition of Elektrik IIeti*im Organizasyon Hizmetleri
Limited *irketi
-- Admission of consideration shares to trading on AIM
International Marketing and Sales Group Limited (AIM: IMSG, the "Company"), the
emerging markets focused sales and marketing company, announces the completion
of the acquisition of Elektrik IIeti*im Organizasyon Hizmetleri Limited *irketi
("Elektrik") on Friday 2 May, 2008. Accordingly, on 2 May, IMSG issued 151,646
ordinary shares to the vendors of Elektrik as part of the initial consideration.
These new ordinary shares will rank pari passu with the existing ordinary shares
of the Company, and trading is expected to commence on Friday, 9 May 2008.
The announcement dated 30 April 2008 entitled "Issue of Equity" incorrectly
stated the total ordinary share capital of the Company. Following the issue of
the shares described above, the correct total for the number of ordinary shares
in issue is 51,031,890.
- ends -
Enquiries to:
Lau Geckler
International Marketing & Sales Group Limited Tel: + 7 495 796 6141
www.imsg.co.uk
Andrew Best / Emily Bruning
Shared Value Limited Tel: +44 (0) 20 7321 5010
www.sharedvalue.net
Mark Williams / Henry Fitzgerald-O'Connor
Canaccord Adams Limited Tel: +44 (0)20 7050 6500
Notes to Editors
-- IMSG was founded in 1996 by its Chairman and Chief Executive Officer,
Gregory Thain.
-- The Group was admitted to trading on AIM on 6 December 2005. The Group's
NOMAD and broker is Canaccord Adams Limited.
-- Since 2002, the EBITDA of the Group has grown at a rate in excess of
100% per annum. IMSG has been profitable since 2000.
-- The Group's clients include multinational and first tier local companies
operating in FMCG, telecommunications, retail trade, banking and
finance, automotive, consumer electronics and pharmaceutical industries.
-- IMSG currently has 30 offices in emerging markets. These offices are
situated in: Moscow, Saint Petersburg, Yekaterinburg, Kazan, Nizhniy
Novgorod, Novosibirsk, Rostov-on-Don, Samara, Krasnodar (Russia), Kiev
(Ukraine), Almaty, Astana (Kazakhstan), Dushanbe (Tajikistan), Istanbul
(Turkey), New Delhi, Mumbai, Bangalore, Chenai, Kolcata, Hyderabad
(India), Budapest (Hungary), Athens (Greece), Bucharest (Romania) and
Sofia (Bulgaria.
-- In July, 2007, the Group was re-organised and a new Jersey-incorporated
parent company, International Marketing and Sales Group Limited, was put
in place. The shares of the new parent company were admitted to AIM on
19 July, 2007.
-- Further information about the Group is available on its website at:
http://www.imsg.co.uk
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