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Platt Retail Institute

UK: ASG Media Becomes Insetco, Raises £200,000

12 April 2010 10 h 02 min

insetcologo

The Directors of ASG Media PLC have announced that the company’s name has been changed to Insetco PLC. They also announced that “following the capital restructuring and Company Voluntary Arrangement that was approved by Shareholders on 1 April 2009, the company has secured a further £200,000 of additional funding from ADM Investor Services International Limited….More

UK: ASG Media’s Business and Assets Sold for 175,000£

27 November 2009 10 h 23 min

ASGmedialogo

The Administrators of ASG Media plc have confirmed that on the 4th of November 2009 they sold the business and assets of the Group’s trading subsidiaries, ASL Media Limited and Freelance Media Limited to RAM Investment Group PLC for £155,000 excluding receivables. On November 9th, the Administrators also sold certain other assets of ASG to…More

UK: TrainFX Acquires ASG Network

12 November 2009 9 h 25 min

RAMInvestmentGroup

TrainFX Limited, a company in which RAM Investment Group PLC holds a 49.9% stake, has acquired the business and assets of ASG Media Group including certain assets of ASG Media Plc and the business and assets of ASL Media Limited and Freelance Media Limited. ASG went into administration on 2 November 2009.

Neo Media Group : No More Involvement in the UK Digital Signage Market for The Time Being

4 November 2009 15 h 17 min | 1 Comment

NeoMedialogo

No surprise. Neo Media Group has announced that it yesterday made the decision to stop its commitment to ASG Media. “ASG Media has already been under strong financial pressure prior to Neo era. We did a lot of work with the great British team to improve the bottom line but all our efforts and achievements…More

UK: ASG Media Now in Administration

2 November 2009 18 h 52 min | 1 Comment

ASGmedialogo

The Board of ASG Group has announced that it has appointed Antony Batty and Stephen Evans of Antony Batty & Company LLP to act as Joint Administrators of the Company with immediate effect. Since the announcement of its AIM suspension on 20 October 2009, ASG hasn’t managed to secure any significant funding to address its…More

UK: ASG Media Gets Support From Harris Liontas

30 October 2009 9 h 16 min

ASGmedialogo

The Board of ASG Media has restructured £196,213 of existing short term liabilities payable to Harris Liontas into a convertible loan. The new convertible loan carries an annual interest rate of 10% and is due to be repaid or converted in 12 months. It is convertible at a price of 1p per new ordinary share…More

UK: Suspension of Trading for ASG Media

21 October 2009 7 h 44 min | 2 Comments

ASGmedialogo

ASG Media PLC has requested a suspension of trading of its securities on AIM. The company, which has been struggling with its financing for the past years, said yesterday it continues to seek additional short-term funding and is in discussions with potential investors

UK: ASG Media Signs Advertising Sales Agreement with Vision Media Group (UK) Limited

30 September 2009 12 h 27 min

ASGmedialogo

ASG 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….More

UK: ASG Media Secures Further £20.000 from Neo Media

29 September 2009 8 h 24 min

ASGmedialogo

Neo Media Group SA has committed a further £20,000 to ASG through subscription for further Convertible Loan Notes which, when converted at the 1p per share conversion price, will require the issue of a further 2.0 million new ordinary shares. Following the Neo Media Subscription, Neo Media will hold 47,636,363 ordinary shares, representing 29.4 per…More

UK: ASG Media Agrees Two Year Sales Contract With abc media To Sell SPAR TV

22 September 2009 4 h 21 min

ASGmedialogo

ASG Media has signed an exclusive two year contract with abc media to sell national media advertising across its 176 SPAR store network. abc media will be responsible for national media advertising and already operate and sell six other media channels within SPAR UK stores nationwide. SPAR TV will now be will be sold within…More