Immedia Group PLC
Immedia Group Plc is a holding company. Its trading subsidiaries provide marketing services (comprising bespoke radio and audio visual programming), music and visual content and associated equipment installation and maintenance to the retail industry.
The Immedia group of companies comprises:
- Immedia Group Plc (Registered in England No 4947859)
- Immedia Broadcast Limited (Registered in England No 3873102)
- Immedia Broadcasting Trustees Limited (Registered in England No 4552356)
- The Cube Group of Companies Limited (Registered in England No 3845864)
- Cube Music Limited (Registered in England No 3822694)
- Immedia Broadcasting Limited (Registered in England No 6336935)
- You TV Limited (Registered in England No 6546384)
- Immedia TV Limited (Registered in England No 6546391)
- Pay to Play Music Limited (Registered in England No 7303112)
- Play 4 Pay Limited (Registered in England No 7303130)
- Pay to Play Limited (Registered in England No 7303663)
- Dreamstream Music Limited (Registered in England No 7375463)
The registered office for all Immedia group companies is:
The Old Brewery,
The Broadway,
Newbury,
Berkshire,
RG14 1AU.
The group's main country of operation is the United Kingdom.
The Immedia Board
Details of the Immedia Group Plc board of directors and its committees:
The Immedia Group Plc Board: The Board is chaired by Geoff Howard-Spink as Chairman and senior independent Non-Executive Director, with Bruno Brookes as Chief Executive Officer, Charles Barker-Benfield as Finance Director and Company Secretary, Ross Penney as Business Affairs Director, and Peter Teague and Mark Horrocks as Non-Executive Directors. The Board meets monthly and has a schedule of matters reserved for its consideration, principally concerning business strategy, direction and financial performance and control. All Directors have access to the advice and services of the Company Secretary, who is responsible for ensuring that all Board procedures are observed, and to the Group’s professional advisers.
Directors:
Geoff Howard-Spink, Chairman. Geoff was a founding partner of advertising agency Lowe Howard-Spink in 1981. He is also Chairman of New Star Investment Trust plc.
Bruno Brookes, Chief Executive, is the founder of Immedia. After a career as a radio and TV presenter, where he collected numerous awards for his work and spent 11 years with BBC Radio One, Bruno set up BBME which offered a number of related media services including design, broadcast training, artist management and broadcast production. In November 1999 Bruno founded Immedia and has been Chief Executive Officer since that date.
Charles Barker-Benfield, Finance Director and Company Secretary, qualified as a chartered accountant in 1981 and has spent over 25 years in financial management roles with entrepreneurial companies. In 2003 he established chartered accountants Morchard Bishop & Co and brings his broad commercial experience to the Immedia board.
Ross Penney, Business Affairs Director, Ross graduated from Cambridge University in 1986. He was Head of Licensing at collecting society Video Performance Limited, during which he gained an MBA from Imperial College London and developed the Music Mall concept for the record industry. He then set up a consultancy, Kronos, in 1998 before joining Cube. His role at Immedia Group Plc covers all aspects of the legal and business affairs function including contracts and music licensing.
Peter Teague, Non-Executive Director, Chairman of Audit Committee, qualified as a chartered accountant in 1979 and spent his early career principally in venture capital and corporate finance. Between 1987 and 1996 Peter worked in a variety of roles within AT&T and from 1998 to 2001was Deputy CEO and Managing Director of the UK Region of BBC Worldwide, a commercial division of the BBC. Currently Peter is Chief Executive of New Technology CADCAM Limited, a non-executive Director of Elexon Limited and of Voice Commerce Group Limited, a Commissioner on the Board of The Gambling Commission and a non-executive member of the audit and spectrum clearance finance committees of Ofcom.
Mark Horrocks, Non-Executive Director, Chairman of Remuneration Committee. Mark joined the City in 1983 as a Financial Analyst to the Guardian Royal Exchange Group Plc and went on to manage the UK equity portfolios of the main Pension and Life funds representing assets of over £2bn until leaving in 1997 to pursue his own interests in the Small Company marketplace. He went on to join the Boards of several quoted small companies and gained much understanding of the needs of such companies as quoted businesses. In 1999 he jointly created and launched the Small Company Investment Trust Intrinsic Value Plc and is currently a Partner in Intrinsic Capital LLP.
The Board has two principal standing committees: the Audit Committee and the Remuneration Committee, each with specific terms of reference:
Audit Committee: The Audit Committee is comprised of the three Non-Executive Directors and is chaired by Peter Teague. It meets a minimum of twice a year, has written terms of reference and its remit is to review the annual and interim accounts and the appropriateness of accounting policies, to review the internal controls and financial reporting, and to make recommendations on these matters to the Board. It also considers the appointment and fees of the external auditors, the resulting reports, and it discusses the action taken on problem areas identified by Board members or in external audit reports. The Chairman of the Audit Committee reports the outcome of the Audit Committee meetings to the Board and the Board receives the minutes of all Audit Committee meetings.
Remuneration Committee: The Remuneration Committee, which is comprised of the three Non-Executive Directors, is chaired by Mark Horrocks and meets a minimum of twice a year. Its remit is to assess the performance of the Executive Directors and to consider and make recommendations to the Board on remuneration policy for Executive Directors and Senior Managers of the required calibre.
Stock Exchange announcements: A record of Stock Exchange announcements is available on this site - follow the RNS news releases link at the top of the page.
Annual General Meeting:
The 2012 Annual General Meeting will be held at the Company's Newbury Offices on 21 June 2012. Details can be found in the notice of meeting here: Notice of Annual General Meeting 2012
A blank form of proxy for the 2012 Annual General Meeting can be found here: Blank Proxy 2012
Shareholder information:
AIM admission document: A pdf copy of Immedia Group Plc's AIM admission document is available for download here: Immedia AIM admission 12 Dec 2003
AIM securities in issue: There are no restrictions on the transfer of shares in Immedia Group Plc. The company has not applied or agreed to have any of its securities admitted or traded on any other exchanges or trading platforms.
Details of securities in issue are shown in this document: AIM securities in issue 2012 03
Constitutional documents: Copies of Immedia Group Plc's Memorandum and Articles of Association are available for download here:
Further contact information:
Investors:
Charles Barker-Benfield
Finance Director
Tel: 01635 556200
Email: ir@immediaplc.com
Company registrars:
Computershare Investor Services Plc
PO Box 82
The Pavilions
Bridgwater Road
Bristol
BS99 7NH
Contact telephone for Immedia shareholders: 0870 707 1074
Link to the Computershare website (opens in new window)
Press contact:
Nick Lyon
Hudson Sandler, Financial Public Relations
Tel: 020 7796 4133
Email: nlyon@hudsonsandler.com
Nominated advisers and financial brokers:
Daniel Stewart & Company plc
Becket House
36 Old Jewry
London
EC2R 8DD
Tel: 020 7776 6550
Link to the Daniel Stewart website (opens in new window)
Solicitors:
Charles Russell LLP
5 Fleet Place
London EC4M 7RD
Auditors:
Grant Thornton UK LLP
3140 Rowan Place
John Smith Drive
Oxford Business Park South
Oxford
OX4 2WB
The information provided on this website is disclosed pursuant to Rule 26 of the AIM Rules for Companies.
