Milestone Group plc Granted Membership of the Social Stock Exchange
London, April 11th, 2016 - the Social Stock Exchange (www.socialstockexchange.com) - the UK's market for impact - has today announced that Milestone Group plc (www.milestonegroup.co.uk) has been approved as a member following the ratification of its impact report by the independent Admissions Panel.
Milestone has developed a new business model in the media / technology sector and is focused on developing a brand synonymous with innovation and social impact, with the Passion Project as its flagship initiative.
The Social Stock Exchange enables its accredited impact issuers to raise capital or undertake primary or secondary listings of debt or equity instruments from all investors specifically those with an interest in socially and environmentally aware companies.
About the Social Stock Exchange
The Social Stock Exchange provides access to the world's first regulated exchange dedicated to businesses and investors seeking to achieve a positive social and environmental impact through their activities. The aim of the exchange is to help businesses that deliver a social or environmental impact to connect with investors and unlock capital at scale. All issuer member companies must meet a rigorous set of criteria before joining, including the publication of an Impact Report.
Approved membership of the Social Stock Exchange stands at 31 firms with a combined value of over £2bn.
In January 2015, the Social Stock Exchange and ICAP Securities & Derivatives Exchange Limited ("ISDX") launched the Social Stock Exchange branded market segment for impact businesses.
The Social Stock Exchange Ltd (FRN: 625231) is an appointed representative of Kession Capital Limited (FRN: 582160) which is authorised and regulated by the Financial Conduct Authority ("FCA") in the UK.
Deborah White, CEO of Milestone Group commented:
" I am very pleased to be able to report that we have passed the strict entry criteria laid down by the Social Stock Exchange. A listing on the Social Stock Exchange is not easy to come by or keep as more than 50% fail to reach the criteria of social/environmental impact performance, which is reviewed annually. Having a listing on this exchange affords us the opportunity to reach those investors who have a preference for investing in socially and environmentally conscious companies. "
For further information:
Milestone Group plc | |
Deborah White, Chief Executive | Tel: 0207 929 7826 |
Cairn Financial Advisers LLP, Nominated Adviser | |
Liam Murray / Avi Robinson | Tel: 0207 148 7900 |
Hybridan LLP, Broker | |
Claire Louise Noyce | Tel: 0203 764 2341 |
Walbrook PR Limited, PR | |
Gary Middleton / Paul Cornelius / Paul Whittington | Tel: 0207 933 8780 |