Re Contract
September 30 2009 - 4:43AM
UK Regulatory
TIDMASG
RNS Number : 9370Z
ASG Media PLC
30 September 2009
30 September 2009
ASG Media plc
("ASG" or the "Company") (AIM: ASG.L)
Advertising Sales Agreement with Vision Media Group (UK) Limited ("VMG")
ASG, the leading digital out of home specialist, announces today it has signed a
12 month agreement with VMG to sell national advertising across
its landscape screen Shopping Mall network.
The contract encompasses the nine shopping malls owned by Capital Shopping
Centres, including Lakeside, The Metro Centre and Braehead in Glasgow, and the
LED screen and landscape network at Frenchgate in Doncaster.
The agreement increases ASG's national footprint to 56 malls with an annual
footfall of 820 million, and includes four of the top five malls in the UK.*
ASG announced on 28 September 2009 that it had received further funding from Neo
Media Group SA and that the Company is continuing to seek further funding for
its immediate working capital requirements and to support recent new contract
wins.
Gary Truman, CFO of ASG stated "This deal demonstrates not only the regard for
which our media sales team is held, but also the increasing level of
understanding and cooperation that is emerging between operators in the Digital
out of home sector".
Dominic Brookman, CEO of VMG "The deal allows us to maximise revenues from our
current mall network, whilst we focus on the deployment of our Digital six sheet
pods."
*Source: Trevor Wood Associates.
- ENDS -
Enquiries:
+-----------------------------------------------------+-------------------------+
| ASG Media plc | 020 7902 2345 |
| Jamie Ball, Managing Director | |
| Gary Truman, CFO | |
| | |
+-----------------------------------------------------+-------------------------+
| Charles Stanley Securities | 020 7149 6000 |
| Nominated Adviser | |
| Russell Cook / Freddy Crossley | |
| | |
+-----------------------------------------------------+-------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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