Creston PLC
06 June 2006
Date: 6th June 2006
On behalf of: Creston Plc
Embargoed until: 0700hrs
Creston Plc
Change of Adviser
Creston Plc, the marketing services group, is pleased to announce the
appointment of Panmure Gordon as sole financial adviser and broker with
immediate effect.
- ends -
For further information:
Creston Plc 020 7930 9757
Don Elgie
Panmure Gordon 020 7614 8388
Dominic Morley
Redleaf Communications Limited 020 7955 1410
Emma Kane/Sanna Lehtinen
About Creston Plc
Creston is fully listed on the London Stock Exchange under CRE.LN. Additional
information is available on www.creston.com. Creston's audited results for the
year to 31 March 2005 were released on 22 June 2005, showing a 68% rise in PBT
to £3.5million (2004: £2.1million) and a 25% rise in diluted EPS to 10.56 (2004:
8.47).
Creston's strategy is to build a diversified international marketing services
group through a combination of organic growth and selective acquisitions. The
Board's aim is to identify synergistic benefits between currently independent
marketing services companies offering premium services such as market research,
direct marketing, advertising, PR and other areas of marketing communications.
Since January 2001, when the Company was repositioned as a marketing services
group, Creston has made seven significant acquisitions, which have demonstrated
growth despite challenging market conditions:
December 2000 Creston becomes cash shell following disposal of property
portfolio
January 2001 Acquisition of Marketing Sciences Limited, an international
quantitative and qualitative market research company, based in
Winchester
November 2001 Acquisition of The Real Adventure Marketing Communications
Limited, a national direct marketing and CRM company, based in
Bath
December 2002 Acquisition of EMO Group Limited, a national channel marketing
communications company, based in Swindon and Bristol
October 2003 Acquisition of Nelson Bostock Communications Limited, a London
based public relations agency
September 2004 Acquisition of CML Research Limited, a London based
qualitative market research business
March 2005 Acquisition of DLKW Group, a London based advertising and
communications group
July 2005 Acquisition of Red Door Communications Ltd, a London based
specialist healthcare PR agency
May 2006 Acquisition of ICM Research Limited, a independent UK full
service market research agency
May 2006 Acquisition of Tullo Marshall Warren Limited and Columbus
Communications Ltd (the sister agency of TMW), a UK direct
marketing agency
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.