THE MARKETING GROUP PLC

Report this content

Nice & Polite Subsidiary Liquidation

London – 23 January 2018 - The Marketing Group plc (“TMG” or the “Group” or the “Company”) notes the recent speculation regarding the Group’s subsidiary Nice & Polite Ltd (“Nice & Polite”).  The Company confirms it let Nice & Polite go into liquidation on 18 December 2017 following a Court Order to wind up the business and the Group’s desire to appropriately streamline its corporate structure.  Nice & Polite was not material to the Group’s financial performance, having made a loss after tax of approximately £6,000 in the year to 31 December 2017.

Ross Anderson, formerly Managing Director of Nice & Polite, remains with the Group, driving content related activities and the liquidation of Nice & Polite has not affected the Group’s commercial offering.

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 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.tmg-plc.com.

Mangold Fondkommission AB, +46 8-5030 15 50, is the company’s Certified Adviser and liquidity provider.

Tags:

Documents & Links