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New Share Issue Raises Substantial Investment
29/4/10: Absolute Media Group Ltd Announcement
Absolute Media Group Ltd, the multi-media publisher, announces that it has received a substantial investment into the company by means of a share issue. The shares were placed with a number of High Net Worth individuals. As part of this process, Absolute Media Group has also appointed Webb Capital PLC in an advisory role.
The proceeds will be applied to the Company’s working capital and will be used to help with the growth of the company, in particular with the recruitment of new sales staff.
Commenting upon the Placing, Joint Managing Directors Spencer Gore and Nigel Lloyd issued the following statement
“Since the end of last year the company has been looking to raise additional funds to assist with our expansion plans. We have worked with Webb Capital to raise a significant amount of money which we will invest in the infrastructure of the business but primarily in recruiting to expand our sales force. Due to our increased expansion we will also be looking to move to bigger premises. We have made great strides this year and have increased our revenue month on month. This along with the new capital is being reinvested to help us continue to grow as planned”
Peter Webb, Chief Executive of Webb Capital commented “Since our early meetings with the founders of Absolute Media Group, we have been extremely excited by their enthusiasm and dynamism towards this project. We are delighted to be associated with the Company and look forward to assisting management to achieve even greater success in the fullness of time”
Other News...
Absolute Publish ECFA Issue 16!
Issue 16 is out now so ensure you don’t miss out on your FREE copy by phoning (01245) 393085 or sending an E-Mail with your name and postal address to info@essexfa.com. Alternatively, browse and download a fully interactive copy online! Visit Essex County FA for even more info!
Absolute becomes Official Publisher for the F.A.
Absolute Sports is thrilled to announce its new agreement with the Essex County Football Association to become its official publisher. Absolute will publish two editions of ECFA Magazine this year as an eBook free of charge to increase the already impressive reach of the publication across the County.
The release of ECFA Magazine Issue 15, a free biannual glance at the local game including coach education listings from the simple Level One Certificate through to specialist youth and goalkeeping modules. The latest edition is the first to be available as an eBook from the Association’s website at www.essexfa.com Amongst the main features in the Winter edition of the Magazine are items on facility funding in difficult times, the launch of a brand new Soccability League and an exclusive interview with ‘Essex Boys Turned Posh’ Chris Whelpdale and Scott Griffiths, who now ply their trade in the Coca-Cola Football League with Peterborough United having started out in Essex schools representative football.
Also featured is a special Forum on up-and-coming referees as well as articles relating to Futsal and the new 4x4 format. ECFA Magazine Issue 15 is available to read as an eBook and hard copy versions can be requested by calling Chris Evans on (01245) 393085 or sending an E-Mail to info@essexfa.com. All clubs, referees and competitions should have already received their Magazines but further copies are available on request and new names and addresses for subscription are always warmly-received at The County Office.
Southend United Join The Party!
Coca-Cola Football League One side Southend United have signed a contract with Sports Publishers Absolute Sports part of the Absolute Media Group. Absolute Sports will become the Official Publisher of Southend and it gives Steve Tilson's Blues the chance to have their very own End of Season Review. The Review aim specifically at Blues fans will encapsulate all the thrills and spills of the 2009/2010 and look forward to the exciting times ahead.
Highly acclaimed Treatment Strategies Series Publishes EASD 2009 Review
Treatment Strategies – EASD 2009 Review - publication, e-book and supporting website giving healthcare professionals the opportunity to discuss treatments as well as breakthroughs in scientific research and clinical practice, with colleagues and members of the EASD. It provides healthcare practitioners with the opportunity to network with colleagues and discuss the latest thinking and research breakthroughs within the field of Diabetes. It keeps them up-to-date with the most significant treatment programmes, provide concise analyses of technology and products on the market in order to diagnose, treat and achieve better prognoses. The publication and e-book features independently commissioned clinical and scientific articles from key thought-leaders in the field of Diabetes.
Treatment Strategies - ESC Congress 2009 Review Launched
As requested by cardiovascular professionals and manufacturers alike, Treatment Strategies – ESC Congress 2009 Review brings influential articles and cardiovascular professionals together, in order to build a forum to showcase and discuss leading drugs, as well as, technological and therapeutic developments. The publication has an audience of over 40,000 senior healthcare professionals throughout Europe and is distributed from September onwards.
City Agree New Deal
Chelmsford City Football Club have put pen to paper on a new three year contract. The deal makes Absolute Sports the official publisher of Chelmsford City Football Club until the end of 2012. It means the club will now have at least another six editions of City Life published. Due to the fantastic success of the first edition and it phenomenal reception with the fans, City Life will become bi-annual coming out for pre-season and Christmas.
Cambridge United Sign Three Year Deal
Absolute Sports is delighted to announce a three year deal to become the official publishers of Cambridge United Football Club. Just before Christmas 2009, Absolute Sports will publish “YOUR CITY – YOUR CLUB” – The Official Cambridge United Football Club Review. This will be the first in the series of reviews leading to a massive Centenary Edition in the summer of 2012. The publications will be a great opportunity for supporters and local businesses to come together to celebrate the achievements of the club, look ahead to where we want to be for the rest of the season and moving forward, as well as discussing what’s necessary for Cambridge United Football Club in order to maximise its great potential.
Chelmsford City Launch New Annual
Chelmsford City Football Club, in partnership with Absolute Sports (UK) Ltd., is pleased to announce the launch of City Life - The Official Club Annual, a free-of-charge publication for City supporters. The inaugural edition features a round-up of the 2008/09 season, the club’s history, a tribute to Don Walker and player profiles, as well as details on last year’s Player of the Year awards, a look at the Elite, Ladies & Girls and Youth teams, and news from the Supporters’ Club. In addition, there are exclusive interviews and features with Paul Parker, Jimmy Greaves and Sir Trevor Brooking. City Life is a must-read for Chelmsford City’s existing fan-base as well as grabbing the interest of those in the community who have yet to experience the joys of supporting their local club. City Life - The Official Chelmsford City Football Club Annual - will be distributed at Melbourne as well as in the Town Centre. Supporters can pick-up their copy at the home game this Saturday, 29th August, when City play host to Bromley in the Blue Square South in a 3:00pm kick-off. But if you’re unable to get to the game, fear not! On top of this, the publication will shortly be available online as an e-book at www.chelmsfordcityfc.com.
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