RNS Number: 1074 M Altitude Group PLC 12 September 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3635 L Altitude Group PLC 05 September 2019. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3630 L Altitude Group PLC 05 September 2019. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Altitude Group Plc (ALT.L) Announced, in its trading update for the six months ended 30 June 2019, that the acquisition of Advertising Industry Mastermind LLC (AIM Smarter) was completed and has integrated well under group ownership and continues to grow adding a further 268 members since the acquisition bringing the total to 2,185 with aggregate revenues of $2.13 billion (up from $1.9 billion), increases of 14% and 12.1% respectively. The group expects to report revenue for the period of approximately £5.4 million compared to £3.8 million for the same period last year, an increase of 42%. As a constituent of this the Group is pleased to announce significant success in increasing US revenue which has grown six-fold to $1.9 million1 for the quarter ended 30 June 2019 (2018: $0.3 million). Despite this rapid growth in the very short post acquisition period, overall revenue has not accelerated as quickly as envisaged by the Company. This is primarily due to the scale and complexity of the transition to our new business model. This means that, despite growing at an historically record pace, Q3 and Q4 revenues will track below expectations and it will take longer to achieve the forecasted levels. The group expects to announce its Interim Results for this period on 30 September 2019.
AIM Smarter has integrated well under Group ownership and continues to grow adding a further 268 members since the acquisition bringing the total to 2,185 with aggregate revenues of $2.13 bn, increases of 14% and 12.1% respectively. The Group expects to report revenue for the period of approximately £5.4 m compared to £3.8 m for the same period last year, an...
Altitude Group Plc (ALT.L) Announced that further to previous announcements, the company's accounting reference date has been changed from 31 December to 31 March. The background and rationale to the change of accounting reference date are that the company's current final quarter (calendar Q4) is a major trading quarter in the United States market for promotional products and therefore generates a material sum of potential revenue for the company. Furthermore, the leading industry event occurs in early January and this is a significant opportunity for the company and management need to be focussed on delivering this event. The company's reporting timetable for the next 18 months will be, unaudited interim accounts for the 6-month period ended 30 June 2019 to be published on 30th September 2019, detailed trading update for the period to 31 December 2019 as soon as practicable after 31 December 2019, The full year report and accounts for the 15 months to 31 March 2020 will be published no later than 31 July 2020 and Interims for the 6-month period to 30 September 2020 will be then published no later than the end of December 2021.
RNS Number: 1532 K Altitude Group PLC 27 August 2019 27 August 2019. Change of Accounting Reference Date. The background and rationale to the change of accounting reference date are that the Company's current final quarter is a major trading quarter in the United States market for promotional products and therefore generates a material sum of potential...
RNS Number: 1532 K Altitude Group PLC 27 August 2019 27 August 2019. Change of Accounting Reference Date. The background and rationale to the change of accounting reference date are that the Company's current final quarter is a major trading quarter in the United States market for promotional products and therefore generates a material sum of potential...
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RNS Number: 1680 J Altitude Group PLC 15 August 2019 ALTITUDE GROUP PLC. Potential asset disposal and Directorate Change. The ADP business has a reputation for speed of delivery and value pricing and its recently increased operational capacity will allow it to grow sales substantially and is therefore an attractive proposition to USA and EU based...
RNS Number: 5709 E Altitude Group PLC 04 July 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3943 E Altitude Group PLC 03 July 2019 3 July 2019. Altitude Group plc, the operator of a leading marketplace for personalised products, announces that the Company was informed today of two sales of ordinary shares of 0.4 p each in Altitude Group plc by a director of the Company.. Martin Varley, Non-Executive Director, sold 2,000,000 Ordinary Shares at a...
RNS Number: 0531 E Altitude Group PLC 01 July 2019 ALTITUDE GROUP PLC. Altitude Group plc, the operator of a leading marketplace for personalised products, announces that at the Company's Annual General Meeting held earlier today, all of the resolutions tabled at the meeting were duly passed.. Altitude Group plc- via Instinctif Partners 020 7457 2020.
RNS Number: 2667 D Altitude Group PLC 25 June 2019 25 June 2019. Altitude Group plc, the operator of a leading marketplace for personalised products, announces that it has granted 1,060,000 options in aggregate over ordinary shares of 0.4 p each to certain directors of the Group.. The Options have been granted in amounts of 560,000 and 500,000 to Deborah Wilkinson...
RNS Number: 1260 C Altitude Group PLC 13 June 2019. Martin Varley, Non-Executive Director, has on 12 June 2019, sold 75,000 ordinary shares of 0.4 pence each at a price of 108 pence per ordinary share.. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Altitude Group (ALT.L) 106p £79.79 Altitude Group, the operator of a leading marketplace for personalised products, announced its unaudited results for the year to 31 Dec 2018. The Group will make a further announcement when the audited Annual Report for the year ended 31 Dec 2018 has been published and sent to shareholders. Nichole Stella promoted to Group CEO in June 2018 Successful placing to raise £1.5 million at 60p per Ordinary Share completed in March 2018 to accelerate the roll out of AIMPro in strategic partnership with AI Mastermind Group LLC. Significant progress achieved in the adoption of AIMpro by AIM members, sales orders of $19.9m processed in 2018 by 266 AIM members, 78% of whom placed multiple orders During 2018 70 AIM preferred suppliers signed up to pay transaction fees on all orders derived through the AIMPro platform Graeme Couturier appointed as CFO in March 2018 Increased revenues £6.6m(2017: £6.1m), due to £1.6m incremental revenue from a full year of AdProducts (seven months contribution in 2017), less a £1.1m decline in the legacy exhibitions and publications businesses in the UK and legacy SaaS software in the US Adjusted operating loss of £0.8m (2017: profit £0.9m), principally due to pre-revenue operating cost investment in the US and the decline in UK exhibitions and publications contribution Loss before taxation £2.8m (2017: profit £0.1m) Group remains debt free and had net cash of £3.8m as of 30 April 2019
Altitude Group Plc (ALT.L) Announced, in its unaudited results for the year to 31 December 2018, that revenues rose to £6.6 million from £6.1 million posted in the preceding year. The company’s loss before tax stood at £2.8 million, compared to a profit of £0.1 million reported in the previous year. The basic loss per share stood at 4.38p compared to earnings of 0.25p reported in the previous year. The company’s cash and cash equivalents stood at £0.4 million (2017: £2.0 million).
RNS Number: 2248 A Altitude Group PLC 28 May 2019 28 May 2019. ·Successful placing to raise £1.5 million at 60 p per Ordinary Share completed in March 2018 to accelerate the roll out of AIMPro in strategic partnership with AI Mastermind Group LLC. ·Significant progress achieved in the adoption of AIMpro by AIM members, sales orders of $19.9 m processed in 2018 by 266...
Altitude Group Plc (ALT.L) Announced, in its trading update for the year ended 31 December 2018, that the Board is encouraged with the progress made since the acquisition of AI Mastermind, the largest promotional products distributor organization member group in the US. Integration has gone well, with the team focussed on driving revenue from, and delivering value to, both sides of the supply chain, increasing member order volumes and value to its supply partners. The business is continuing to increase membership and generate revenue through enhanced marketing, technology and sales support with a particular focus on the supply chain.
RNS Number: 6859 V Altitude Group PLC 10 April 2019 10 April 2019. Year-end trading update, results notification and post-acquisition update. Altitude Group plc, the operator of a leading marketplace for personalised products, is pleased to provide a trading update for the year ended 31 December 2018 and to provide an update for the period following the...
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