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Wireless Group PLC (TWG)

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Wednesday 15 September, 2004

Wireless Group PLC

Interim Results

Wireless Group PLC
15 September 2004



                         Wireless Group Doubles Profits

                 THE WIRELESS GROUP PLC ('TWG' or 'the Group')
                    INTERIM RESULTS FOR THE SIX MONTHS ENDED
                                  30 JUNE 2004

Financial results

   • Group's half year operating profit increased by 108% to £1.163 million
     against £0.560 million (before interest, tax, associates, goodwill
     amortisation and exceptional costs)
   • Turnover rose by 29.8% to £19.2 million (2003: £14.8 million) (like for
     like 19.9%)
   • Flagship national station talkSPORT delivered strong operating profit of
     £1.2 million, increased from £0.7 million, turnover increased by 32% to 
     £7.2 million
   • Local stations (existing) increased operating profit by 28% to £3.1
     million (2003: £2.4 million)
   • Forever Broadcasting (acquired February 2004) stations made a positive
     contribution of £0.2 million (before exceptional costs)

Operating achievements

   • Successful integration of Forever stations, ahead of schedule
   • EURO 2004 very successful - adding nearly £1 million of revenue in June
   • talkSPORT now on Freeview platform
   • Planned launch of talkSPORT TV on SKY digital platform
   • Increase in shareholding in DRG (London) Ltd to 30.2%, London's third
     digital multiplex
   • Come on England record reached No. 2 in UK charts
   • RAJAR court case in November

Outlook

   • talkSPORT revenues up 18% in July and 43% August
   • Confident of continuing improvement in overall performance
   • Group applying for new radio licences
   • Actively seeking further acquisitions in UK radio


Kelvin MacKenzie, Chairman and Chief Executive of TWG, said:

'Business and profitability for the Wireless Group has never been better.
talkSPORT is really storming along and our locals continue to produce tremendous
profits. I look forward to the future with confidence. '

                                    - ends -

For further information, please contact:

Kelvin MacKenzie
The Wireless Group plc Tel: 020 7959 7900

David Rydell/Dan de Belder
Bell Pottinger Corporate & Financial Tel: 020 7861 3232



Notes to Editors:

   • The Wireless Group plc, comprises one national radio station, talkSPORT
     and 16 local radio stations. It has significant stakes in digital radio
     multiplexes across the UK


   • talkSPORT is the UK's Number One commercial station, with 5.9 million
     listeners every week, according to the latest national broadcast media
     survey of radio and TV audiences by international research company GfK 
     Media (Survey period April 19th, 2004 - July 18th, 2004. Sample size: 
     1,500+ adults 16+).


   • talkSPORT attracts a predominantly male demographic in the 18-40 age
     group which is one of the most important groups for advertisers. The
     station's access to this Group is unparalleled in the UK commercial radio
     industry and attracts significant advertising revenues from those
     advertisers associated with this demographic.


   • Traditionally the male football follower has been associated with
     advertising for beer and food. One of the most surprising developments in
     the last couple of years has been an increased interest by the man on the
     terrace or in the pub on personal appearance, ending years of being
     perceived as rather unwashed and unkempt individuals.


   • talkSPORT has experienced a significant upsurge in advertising aimed at
     personal grooming products for men, a market which is now worth £1.3 
     billion per year in the UK, the largest in Europe, and expected to grow 
     further (Datamonitor survey August 2004). During Euro 2004, talkSPORT ran 
     a major campaign for 'Nivea for Men' aimed at increasing its share of the 
     market for male skincare products. The station has also secured advertising 
     From Gillette, Wilkinson, Sure and Right Guard.


   • This has helped talkSPORT outperform the UK radio sector in terms of
     advertising revenue growth. Advertisers recognise talkSPORT's unique power
     in terms of reaching a male audience and its ability to grow and retain
     that audience.



Chairman's statement
For the six months ended 30 June 2004


This has been another strong performance for The Wireless Group. Our story of
improvement continues with our results for the six months to 30 June 2004
showing significant growth in revenue, increased operating profit before
goodwill amortisation and exceptional costs and the successful integration of
our recent acquisition, Forever Broadcasting.

talkSPORT performed notably well, enjoying a bumper June on the back of Euro
2004. talkSPORT is a fantastic asset for the group and is the UK's most listened
commercial radio station (GfK research) and advertisers are increasingly
recognising its broad appeal and long reach into powerful consumer markets.

Following our acquisition in February of Forever Broadcasting, we have
successfully integrated its three stations - Tower FM, Peak FM and The Wolf
ahead of schedule and the stations made a positive contribution to the Group's
underlying profitability.
The Group continues to outperform the sector. Turnover for the half-year beat
the industry average, rising by 19.9% from £14.8 million to £17.7 million, on a
like for like basis. This compares to radio industry figures indicating that
total advertising revenues increased by only 7.9% and one of national
competitors reported last week revenues in decline by 14%. Overall our turnover
increased by 29.8% to £19.2 million including the revenue from the acquisition
of the three Forever Broadcasting stations.

Operating profit, before interest, tax, associates, exceptional costs and
goodwill amortisation, doubled from £0.6 million to £1.2 million.

The loss on ordinary activities before taxation was £5.8 million (2003: loss of
£6.5 million). We have recorded a loss as a result of our strict amortisation
policy where we write off goodwill associated with our stations over the
lifetime of the licence whilst others amortise over longer periods.

The table below sets out the operating performance for the Group entities.


                                                  6 months to     6 months to
                                                      30 June         30 June
                                                         2004            2003
                                                           £m              £m

Turnover
Continuing operations                                    17.7            14.8
Acquisitions                                              1.5               -
                                                     ----------      ----------
                                                         19.2            14.8

Operating profit/(loss) before exceptional
costs and goodwill amortisation
talkSPORT                                                 1.2             0.7
ILR - continuing                                          3.1             2.4
ILR - acquisitions                                        0.2               -
Central costs                                            (3.3)           (2.5)
                                                     ----------      ----------
                                                          1.2             0.6
Operating profit before exceptional costs                
and goodwill amortisation
Exceptional restructuring costs                          (0.6)              -
Goodwill amortisation                                    (6.3)           (6.2)
Reported operating loss                                  (5.7)           (5.6)
                                                     ==========      ==========



Local radio

Our existing 13 local radio stations ('ILRs') were added to with the three
Forever Broadcasting stations, which we acquired at the end of February 2004.
Revenues increased from £9.2 million to £10.3 million. The acquisitions added
£1.5 million to turnover for the six months and made a positive contribution to
earnings, before restructuring costs, of £0.2 million. The operating profit from
the local stations on a like for like basis increased from £2.4 million to £3.1
million an improvement of 28%. We are an innovative company and together with
our traditional methods of selling airtime we continue to develop new
initiatives for our advertisers.

The local market place continues to be strong but with more licences being
advertised competition will increase in the future. To offset this we continue
to be innovative in promoting our stations and have an active campaign of
applying for licences where we see an opportunity.

The RAJAR results for the quarter to June 2004 showed our Group's ILR stations
with 23% reach representing £1.4 million listeners with average hours up 1%
against the quarter to June 2003 to 10.2 hours.

talkSPORT
talkSPORT has once again improved its performance both in increased revenues but
also operating results. Revenues for the six months were £7.2 million against
£5.5 million a 32% improvement. Approximately, £1.0 million of the improvement
was achieved in June 2004 reflecting the very strong performance around the Euro
2004 football tournament.

talkSPORT has a very large audience, indeed it is the most listened to
commercial radio station in the UK according to audience research by GfK. It has
a wide demographic reach and advertisers from all sectors are using the station
to reach primarily male consumers. By way of example, one of our largest
sponsorship and promotion campaigns during the tournament was from 'Nivea for
Men' reflecting the increase in interest in male grooming products. This
reflects the change in the perception of advertisers from the view that male
football followers are rather unwashed, unshaved and unkempt individuals. Sales
of men's grooming products grew 14.4% in 2003, and are forecast to grow in the
future, and reflect the interest that both younger and older males have in their
appearance. Our male demographic is perfect for these advertisers.

talkSPORT saw operating profits for the six months leap by £0.5 million from
£0.7 million to £1.2 million before goodwill amortisation. Although revenues
were up by £1.7 million associated costs increased in line with this revenue
improvement. In addition we increased our marketing spend in the first six
months and in particular running the 'Win Beckham's wages' competition, which
resulted in marketing costs being some £0.3 million higher than the previous
year. Additionally, we secured coverage of the successful West Indies cricket
tour, which increased our costs by some £0.5 million. The net result was the
£0.5 million improvement within talkSPORT.

We continue to push the talkSPORT brand and have launched the service on the
Freeview platform in addition to the SKY and DAB platforms. We are exploring the
possibility of extending the brand on to television with talkSPORT TV with the
output from our studios being broadcast on the SKY platform. We hope to be on
air by the end of October 2004. The annualised cost of this service will be no
more than £0.5 million and we would look at revenue opportunities to ensure that
the cost of this service is covered.

GfK's electronic research methodology was tested by Transport for London, a
major radio advertiser, in a campaign whereby it purchased airtime based on the
GfK radio audiences. Their research found that the campaign was effectively
reaching the audience stated by GfK. The GfK research continues to show
talkSPORT as the largest commercial radio station in the UK and significantly
higher than that recorded under the RAJAR system of audience measurement which
reported a 4% reach or 2.2 million listeners.

Central and selling costs
Our central and selling costs have increased in the six months from £2.5 million
to £3.3 million. The costs of Impact our sales house increased as a result of
the increased revenues generated within talkSPORT in commissions payable. We
have also provided and expensed the legal costs of preparing and submitting our
case against RAJAR into court. This amounts to £0.4 million. Under UITF 25 we
are required to account for the potential employers national insurance
contributions on the projected profit on the unexercised unapproved share
options. This amount fluctuates as the share price moves but a provision of £0.1
million has been made in the six months. Excluding these items the underlying
central costs have remained under control.

RAJAR
The proceedings we issued against RAJAR are due in court and RAJAR now has an
opportunity to place before the judge a petition on the contents of our case.
This should be heard in November. We continue to provide for the legal costs for
the case as referred to above.

Digital Radio

During the reporting period we have increased our shareholding in The Digital
Radio Group (London) Limited, the third digital multiplex for London, from 23.6%
to 30.2%. We continue to believe that digital will be the transmission basis of
the future and the Group is well placed to take advantage of any further
developments that may occur in this area. We have substantial interests in the
ownership and operation of digital multiplexes throughout the UK.

Applications for licences
Ofcom, the industry regulator, has advertised new licences to be awarded in the
near future. It is our strategy to grow the Group by winning new licences and
where appropriate through acquisition. The list of licences to be awarded covers
small towns, cities and large conurbations throughout the United Kingdom. It is
the Group's intention to apply for licences across this spectrum of
opportunities. We have demonstrated that we can operate successfully small local
stations as well as large regional stations and of course the national speech
station, talkSPORT and are well placed to benefit from the new round of licence
awards.



Outlook

The strong first half performance has continued into the third quarter with
talkSPORT revenues, for instance, up by 18% in July and 43% in August.

This has been another successful six months for the Group and one in which we
have consolidated the performance for the future. We look forward to the future
with confidence.

Kelvin MacKenzie
Chairman and Chief Executive

15 September 2004




Consolidated Profit and Loss Account

                                            6 months to  6 months to   Year ended
                                                30 June     30 June   31 December
                                                   2004        2003          2003
                                       Notes      £'000       £'000         £'000

Turnover
Continuing operations                            17,739     14,793         32,547
Acquisitions                                      1,457          -           -
                                                 --------  ---------    ---------
                                           2     19,196     14,793         32,547
                                                 --------  ---------    ---------

Administration expenses
  Goodwill amortisation                          (6,259)    (6,133)       (12,266)
  Other administration expenses                 (18,033)   (14,233)       (30,944)
  Exceptional restructuring costs          4       (560)         -          -
                                                 --------  ---------    ---------
                                                (24,852)   (20,366)       (43,210)
                                                 --------  ---------    ---------
Operating loss
Continuing operations                            (4,123)    (5,573)       (10,663)
Acquisitions (including goodwill
amoritisation and exceptional                    --------  ---------    ---------
restructuring costs)                       4     (1,533)         -          -
                                                 --------  ---------    ---------
                                                 (5,656)    (5,573)       (10,663)

Income from interests in associate
undertakings                                         57        (16)            14
Interest receivable and similar
income                                               51        318            608
Amounts written off fixed asset
investments                                           -       (642)           -
Interest payable and similar
charges                                            (280)      (577)        (1,134)
                                                 --------  ---------    ---------
Loss on ordinary activities before
taxation                                         (5,828)    (6,490)       (11,175)

Tax on loss on ordinary activities                    -          -          -
                                                 --------  ---------    ---------
Loss on ordinary activities after
taxation                                         (5,828)    (6,490)       (11,175)
  
Minority interests - equity
interests                                          (150)      (113)          (217)

Retained loss for the period                     (5,978)    (6,603)       (11,392)
                                                 ========  =========     =========

Basic loss per share:                                     Restated       Restated
- Loss attributable to each
ordinary share (£)                         3      (0.06)     (0.07)         (0.12)
                                                 ========  =========    =========
- Loss attributable to each 'B'
ordinary share (£)                         3     (60.01)    (68.52)       (118.20)
                                                 ========  =========    =========

In the period to 30 June 2004 the only other item that would be reported in the
Statement of Total Recognised Gains and Losses was a deficit of £852,000 arising
on the acquisition of Forever Broadcasting plc see note 4.



Consolidated Balance Sheet

                                                        Restated      Restated
                                            30 June      30 June   31 December
                                               2004         2003          2003
                                              £'000        £'000         £'000

Fixed assets
Intangible assets
  Goodwill                                   25,591       28,788        22,655
  Other intangible assets                     9,311       11,471        10,419
Tangible assets                               1,909        2,247         1,913
Investments                                     248          799         1,472
                                           ----------   ----------    ----------
                                             37,059       43,305        36,459

Current assets
Debtors                                      11,417        8,711         8,834
Short term deposits                             600       15,449         1,025
Cash at bank and in hand                        911        1,023           551
                                           ----------   ----------    ----------
                                             12,928       25,183        10,410
Creditors : amounts falling due within
one year
Bank and other borrowings                    (6,344)      (5,782)       (3,776)
Loan notes                                     (600)     (15,449)       (1,025)
Other creditors                             (14,131)     (13,248)      (13,704)
                                           ----------   ----------    ----------
                                            (21,075)     (34,479)      (18,505)
                                           ----------   ----------    ----------
Net current liabilities                      (8,147)      (9,296)       (8,095)
                                           ----------   ----------    ----------
Total assets less current liabilities        28,912       34,009        28,364

Creditors: amounts falling due after
more than one year
Bank and other borrowings                    (2,800)        (125)         (120)
Other creditors                              (7,185)      (9,311)       (8,203)
                                           ----------   ----------    ----------
                                             (9,985)      (9,436)       (8,323)
Provisions for liabilities and charges         (290)        (143)         (296)

Net assets                                   18,637       24,430        19,745
                                           ==========   ==========    ==========

Capital and reserves
Equity shareholders funds                    18,062       24,109        19,320
Equity minority interests                       575          321           425
                                           ----------   ----------    ----------
Total capital employed                       18,637       24,430        19,745
                                           ==========   ==========    ==========




Consolidated Cash Flow Statement

                                              6 months    6 months   Year ended
                                            to 30 June  to 30 June  31 December
                                                  2004        2003         2003
                                     Notes       £'000       £'000        £'000

Net cash (outflow)/inflow from
operating activities                     5      (1,402)        328       2,373

Return on investments and
servicing of finance                     6        (369)          9        (196)
Taxation repaid/(paid)                              39           -        (116)
Capital expenditure and
financial investment                     6        (374)       (133)       (318)
Acquisitions                             6      (2,902)          -           -
                                               ---------   ---------   ---------
Cash (outflow)/inflow before
management of liquid resources and
financing                                       (5,008)        204       1,743
                                               ---------   ---------   ---------
Financing and management of
liquid resources                         6       4,422        (104)     (2,217)
                                               ---------   ---------   ---------
(Decrease)/increase in cash in
the period                                        (586)        100        (474)
                                               =========   =========   =========




Reconciliation of Movement in shareholders funds


                                         6 months to       6 months to   Year ended
                                             30 June           30 June  31 December 
                                                2004              2003         2003
                                 Notes         £'000             £'000        £'000
                                                        
Loss for the
financial year                               (5,978)            (6,603)     (11,392)
Issue of ordinary shares on
acquisitions of subsidiary                    5,563                  -            -
Acquisition of subsidiary
previously held as a
fixed asset investment             4           (852)                 -            -

                                            ----------          ---------    --------- 
Exercise of share options                         9                  -            -
satisfied by ESOP shares           1        ----------          ---------    ---------
                                   
Net reduction
to shareholders' funds                       (1,258)            (6,603)     (11,392)
Opening shareholders' funds
as originally reported                        19,320             30,996       30,996
Prior year adjustment for
own shares held by                         ----------          ---------    --------
ESOP                               1              -               (284)        (284)
                                           ----------          ---------    ---------
Opening
shareholders' funds restated                 19,320             30,712       30,712
                                           ----------          ---------    ---------
Closing
shareholders' funds                          18,062             24,109       19,320
                                           ==========          =========    =========

Notes to the Interim Report

1   Basis of accounting
    These statements do not constitute statutory accounts within the meaning of
    section 240 of the Companies Act 1985. Statutory accounts for the year ended 
    31 December 2003, which include an unqualified audit report, have been filed 
    with the Registrar of Companies.

    The unaudited results have been prepared in accordance with the accounting
    policies set out in the Annual Report for the year ended 31 December 2003, 
    with the exception of the true and fair override used on the acquisition of3
    Forever Broadcasting as detailed in note 4.

    UITF 38 (Accounting for ESOP trusts) has been adopted in the current period. 
    As a result of the adoption of UITF 38, fixed asset investments and 
    shareholders' funds at 30 June 2004 have been reduced by £275,000. A prior
    period adjustment has been made which reduced investments and shareholders' 
    funds at both 30 June 2003 and 31 December 2003 by £284,000. The adoption of 
    UITF 38 has not affected profits.

    Copies of the interim report will be sent to shareholders and will be 
    available to the public at the registered office of The Wireless Group plc, 
    18 Hatfields, London SE1 8DJ.

2   Segmental analysis
    All turnover arose wholly within the United Kingdom. The Directors consider 
    that the business of The Wireless Group plc is all of one class.


3   Loss per share

    The basic loss per share attributable to each ordinary share was £0.06 
    (2003:£0.07) and to each 'B' ordinary share was £60.01 (2003: £68.52) have 
    been calculated on the retained losses for the six months to 30 June 2004 of
    £5,978,000 (2003: £6,603,000) and the weighted average share capital for the
    period of £9,961,000 (2003: £9,637,000).

    The loss attributable to ordinary shareholders and the weighted share 
    capital that would be used for the purpose of calculating the diluted loss 
    attributable to each ordinary share are identical to those used for the 
    basic loss attributable to each share. This is because the exercise of share 
    options would have the effect of reducing the loss attributable to each 
    ordinary share and is therefore not dilutive under the terms of FRS 14.


4   Acquisition

    On 20 February 2004 the Company declared its offer to the shareholders of
    Forever Broadcasting plc unconditional in all respects. The offer was made 
    as a share offer with a cash alternative. 5,127,204 ordinary shares of £0.10 
    each were issued between 23 March 2004 and 15 April 2004. The cash
    consideration was £1,186,000 excluding fees. Based on the share offer 
    Forever Broadcasting plc was valued at £8.1 million.

    Prior to becoming a subsidiary, Forever Broadcasting plc was accounted for
    as a fixed asset investment. In accordance with FRS 2 and in order to give a 
    true and fair view, purchased goodwill has been calculated as the sum of the 
    goodwill arising on each purchase of the identifiable assets and liabilities 
    of the interest purchased. This is a departure from the statutory method, 
    under which goodwill is calculated as the difference between cost and fair 
    value on the date that Forever Broadcasting plc became a subsidiary. The 
    statutory method would not give a true and fair view because it would result 
    in the offsetting of a substantial holding loss on the original investment 
    in Forever Broadcasting plc. The effect of this departure is to increase 
    retained losses by £3.0million and to decrease purchased goodwill by £3.0 
    million. After the write back of the provision for the diminution in value 
    on the original investment in Forever Broadcasting plc of £2.1 million the
    net effect on the Profit and Loss reserve was £0.9 million.

    The exceptional costs relates to redundancy costs associated with the
    integration of the Forever Broadcasting stations.

5   Reconciliation of operating loss to net cash (outflow)/inflow from
    operating activities

                                6 months to           6 months to       Year ended
                                    30 June               30 June      31 December
                                       2004                  2003             2003
                                      £'000                 £'000            £'000

Operating loss                       (5,656)                (5,573)        (10,663)
Depreciation
charges                                 349                    411             913
Profit on
disposal of fixed assets                  -                      -             (12)
Goodwill amortisation                 6,259                  6,133          12,266
Licence amortisation                  1,108                  1,052           2,104
Increase in debtors                  (1,729)                  (721)           (848)
Decrease in creditors                (1,733)                  (974)         (1,387)
                                  -----------             ----------      ----------
Net cash (outflow)/inflow
from operating                    ===========             ==========      ==========
activities                           (1,402)                   328           2,373
                                  ===========             ==========      ==========



6    Analysis of cash flows for headings netted in the cash flow statement

                                    6 months to         6 months to     Year ended
                                        30 June             30 June    31 December
                                           2004                2003           2003
                                          £'000               £'000          £'000

Returns on investments and
servicing of finance
Interest received                            18                 533            802
Dividends received                           33                  38             61
Interest paid                              (420)               (562)        (1,059)
                                      -----------          ----------     ----------
Net cash (outflow)/inflow                  (369)                  9           (196)
                                      -----------          ----------     ----------

Taxation
UK corporation tax repaid/(paid)             39                   -           (116)
                                      -----------          ----------     ----------

Capital expenditure and
financial investment
Purchase of tangible fixed
assets                                     (151)                (74)          (258)
Purchase of fixed asset
investments                                (223)                (15)           (16)
Purchase of minority interest                 -                 (44)           (44)
                                      -----------          ----------     ----------
Net cash outflow                           (374)               (133)          (318)
                                      -----------          ----------     ----------

Acquisitions and disposals
Acquisitions
Purchase of subsidiary
undertakings                             (1,678)                  -              -
Cash at bank and in hand
acquired                                 (1,224)                  -              -
                                      -----------          ----------     ----------
Net cash outflow                         (2,902)                  -              -
                                      -----------          ----------     ----------

Financing and management of
liquid resources
Financing
Net addition/(reduction) in
borrowings                                4,500              (6,000)        (8,000)
Proceeds from exercise of share
options                                       9                   -              -
Redemption of loan notes                   (425)              6,000         (8,424)


Capital element of finance            -----------          ----------     ----------
lease rental payments                       (87)               (104)          (217)
                                      -----------          ----------     ----------
                                          3,997                (104)       (16,641)
Management of liquid resources
Decrease in short term deposits             425                   -         14,424
                                      -----------          ----------     ----------
Net cash inflow/(outflow)                 4,422                (104)        (2,217)
                                      ===========          ==========     ==========

7    Analysis and reconciliation of movement in net debt

                                          6 months     6 months   Year ended
                                        to 30 June   to 30 June  31 December
                                              2004         2003         2003
                                             £'000        £'000        £'000

(Decrease)/increase in cash in the
period                                        (586)         100         (474)
Cash (inflow)/outflow from (increase)/
decrease in debt & lease financing          (4,413)         104        2,217
                                         -----------   ----------   ----------
Change in net debt resulting from
cash flows                                  (4,999)         204        1,743
Finance leases                                   -            -            -
                                         -----------   ----------   ----------
Movement in net debt in period              (4,999)         204        1,743

Opening net debt                            (3,345)      (5,088)      (5,088)
                                         -----------   ----------   ----------
Closing net debt                            (8,344)      (4,884)      (3,345)
                                         ===========   ==========   ==========


                                                      Acquisitions
                         1 January       Cash      (excluding cash     30 June
                              2004       Flow      and overdrafts)        2004
                             £'000      £'000                £'000       £'000

Bank overdraft              (1,688)      (946)                   -      (2,634)
Cash at bank and in hand       551        360                    -         911
                           ---------   --------            ---------    --------
                            (1,137)      (586)                   -      (1,723)

Debt due within one year    (2,000)    (1,700)                   -      (3,700)
Debt due after one year          -     (2,800)                   -      (2,800)
Loan notes                  (1,025)       425                    -        (600)
Short term deposits          1,025       (425)                   -         600
Finance leases                (208)        87                    -        (121)
                           ---------   --------            ---------    --------
                            (3,345)    (4,999)                   -      (8,344)
                           =========   ========            =========    ========



Directors


Executive

Kelvin MacKenzie Chairman and Chief Executive
Keith Sadler ACA Chief Financial Officer

Non-executive

Patrick Cox
Stephen Davidson
Graham Hollis
Dick Linford


Company Secretary

Keith Sadler ACA


Registered office

The Wireless Group plc
18 Hatfields
London
SE1 8DJ

Tel 020 7959 7900

Company number

Incorporated and registered in England and Wales under number 3949697.








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