RAM Ram Active

 

TIDMRAM 
 
RNS Number : 6165E 
RAM Investment Group PLC 
23 December 2009 
 

FOR IMMEDIATE RELEASE 23 December 2009 
 
 
 
 
RAM INVESTMENT GROUP PLC 
 
 
 
 
ACQUISITION, CONTRACT AWARDS and REBRANDING 
 
 
RAM Investment Group plc ("RAM" or the "Company"), the investor in Digital out 
of Home ('DOOH') media, communications and Intellectual Property, announces the 
acquisition of Estates Media Partners Limited ("EMP"), a supplier of digital 
media and advertising contracted to shopping malls in six major City locations 
in the UK. 
 
 
The Company has formed a new wholly owned subsidiary called RAM Vision Limited 
("RAM Vision") to operate its DOOH media activities, into which EMP will be 
consolidated. Together they will trade under the brand name of RAM Vision and be 
managed by executives of RAM, TrainFX Limited ("TFX"), and EMP. 
 
 
RAM has entered into a share purchase agreement with Frogmore Property Company 
Limited under which RAM will pay a total consideration of GBP325,000 through the 
issue of 3,333,334 new RAM ordinary shares of 1p each at 9.75p per share to 
acquire the entire issued share capital of EMP. 
 
 
As previously announced, RAM's investee company, TFX, recently acquired the 
business and assets of ASG Media PLC ("AMG"). These assets are currently being 
managed and operated by RAM Vision. 
 
 
RAM Vision has just been awarded a three year contract with the Oracle shopping 
centre in Reading, Berkshire, one of the flagship sites of the Hammerson 
Property Group, while EMP has secured contracts in Bristol, Edinburgh, Liverpool 
and London. 
 
 
The Company is also pleased to announce that RAM Vision has been awarded a six 
figure contract with a Fortune 500 International Consumer Finance Company for 
the provision of advertising on its network. 
 
 
RAM Chairman Tim Baldwin comments: "These acquisitions have synergies with 
TFX, which has previously supplied software and technical support for other DOOH 
media companies.  RAM Vision will benefit from the technological expertise and 
knowhow of TFX while TFX will benefit from the skills and knowledge that the RAM 
Vision executives have of the DOOH market. 
 
 
"RAM Vision has the potential to become one of the largest network operators of 
DOOH media in the UK.  We are delighted to have developed a substantial foothold 
in this growth industry through these acquisitions which has been achieved 
without significant cash investment. 
 
"The DOOH market is undergoing big changes. The first adopters of DOOH media 
contracted with partners on optimistic terms that ultimately proved to be 
non-commercial. RAM has acquired these assets for a fraction of the cost of 
their original investment and will now contract with partners on realistic terms 
that are commercially feasible and profitable for all concerned parties. 
 
 
"Moreover all four major UK outdoor advertising contractors are now committed to 
a digital format delivery. While traditional bastions of advertising remain in 
decline, DOOH is still in growth. With our management's understanding of the 
needs of advertisers, mall operators and network operators, we are well set to 
profit from this timely opportunity. 
. 
"In 2010 both TrainFX and RAM Vision will become revenue-generating, which is an 
encouraging outlook." 
 
 
 
 
 
 
 
 
For further information: 
+------------------------------------------------+------------------------------+ 
| RAM Investment Group plc                       | www.raminvestmentgroup.co.uk | 
+------------------------------------------------+------------------------------+ 
| Tim Baldwin, Executive Chairman                | Tel: 0207 518 4300           | 
+------------------------------------------------+------------------------------+ 
| Sandy Jamieson Libertas Capital Corporate      | Tel: 0207 569 9650           | 
| Finance Limited                                |                              | 
+------------------------------------------------+------------------------------+ 
| Monisha Varadan, Rivington Street Corporate    | Tel: 0207 562 3389           | 
| Finance Limited                                |                              | 
+------------------------------------------------+------------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ACQUOAWRKARUURA 
 

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