Milestone Group PLC Milestone Group Plc : Granted Membership Of The Social Stock Exchange
April 12 2016 - 2:00AM
UK Regulatory
TIDMMSG
Milestone Group plc Granted Membership of the Social Stock Exchange
London, April 11th, 2016 - the Social Stock Exchange
(www.socialstockexchange.com) - the UK's market for impact - has today
announced that Milestone Group plc (www.milestonegroup.co.uk) has been
approved as a member following the ratification of its impact report by
the independent Admissions Panel.
Milestone has developed a new business model in the media / technology
sector and is focused on developing a brand synonymous with innovation
and social impact, with the Passion Project as its flagship initiative.
The Social Stock Exchange enables its accredited impact issuers to raise
capital or undertake primary or secondary listings of debt or equity
instruments from all investors specifically those with an interest in
socially and environmentally aware companies.
About the Social Stock Exchange
The Social Stock Exchange provides access to the world's first regulated
exchange dedicated to businesses and investors seeking to achieve a
positive social and environmental impact through their activities. The
aim of the exchange is to help businesses that deliver a social or
environmental impact to connect with investors and unlock capital at
scale. All issuer member companies must meet a rigorous set of criteria
before joining, including the publication of an Impact Report.
Approved membership of the Social Stock Exchange stands at 31 firms with
a combined value of over GBP2bn.
In January 2015, the Social Stock Exchange and ICAP Securities &
Derivatives Exchange Limited ("ISDX") launched the Social Stock Exchange
branded market segment for impact businesses.
The Social Stock Exchange Ltd (FRN: 625231) is an appointed
representative of Kession Capital Limited (FRN: 582160) which is
authorised and regulated by the Financial Conduct Authority ("FCA") in
the UK.
Deborah White, CEO of Milestone Group commented:
" I am very pleased to be able to report that we have passed the strict
entry criteria laid down by the Social Stock Exchange. A listing on the
Social Stock Exchange is not easy to come by or keep as more than 50%
fail to reach the criteria of social/environmental impact performance,
which is reviewed annually. Having a listing on this exchange affords us
the opportunity to reach those investors who have a preference for
investing in socially and environmentally conscious companies. "
For further information:
Milestone Group plc
Deborah White, Chief Executive Tel: 0207 929 7826
Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Avi Robinson Tel: 0207 148 7900
Hybridan LLP, Broker
Claire Louise Noyce Tel: 0203 764 2341
Walbrook PR Limited, PR
Gary Middleton / Paul Cornelius / Paul Whittington Tel: 0207 933 8780
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Milestone Group PLC via Globenewswire
HUG#2002132
http://www.milestonegroup.co.uk/
(END) Dow Jones Newswires
April 12, 2016 02:00 ET (06:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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