By Devika Patel
Knoxville, Tenn., May 15 - Mission Marketing Group plc announced that it has raised £1 million in a private placement of stock.
The company sold 2.5 million ordinary shares at 40p each.
London-based Mission Marketing Group is a company focused on acquiring and developing advertising and marketing agencies.
| Issuer: | Mission Marketing Group plc
|
| Issue: | New ordinary shares
|
| Amount: | £5 million
|
| Shares: | 2.5 million
|
| Price: | 40p
|
| Warrants: | No
|
| Settlement date: | May 15
|
| Stock symbol: | London: TMMG
|
| Stock price: | 40p at close May 15
|
| Market capitalization: | £12.4 million
|
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