THE MARKETING GROUP REPORTS FINANCIAL IMPACT OF THE DIVESTMENT OF THREE AGENCIES
London – 14 August 2017 - The Marketing Group PLC (“TMG” or the “Group”) announced on 10 August 2017 that, as part of the promised strategic review, it had agreed to divest three subsidiaries: Imagine Group, Wilkin Marketing and Skye Multimedia (the “Divestments”). Following finalisation of the terms of the Divestments and the agreement between the parties that, from a financial perspective, they will be effective as of 1 January 2017, the financial impact of the Divestments has led to the Group EBITDA in Q1 2017 being increased by €173k, from €125k to €298k. The Goodwill write off on