Adventis Group PLC
06 June 2007
For release on 6 June 2007
Adventis Group plc ('Adventis' or 'the Company')
Payment of earn-out consideration
Adventis, the full service multimedia marketing and advertising agency, is
pleased to announce that it has now made the first performance related earn-out
payment, amounting to £292,770, in respect of the acquisition of Coltman Media
Company Limited, originally announced on 23 May 2006, consisting of £175,662 in
cash and the issue of 191,980 Adventis ordinary 0.25p shares ('Shares').
Application for the admission of the new Shares to trading on AIM ('Admission')
will be made and dealings are expected to commence on 12 June 2007.
Following Admission the Company's issued shares capital will comprise 39,869,260
Shares.
Enquiries:
Adventis Group;
Peter Linnell, Finance Director 020 7034 4795
Arbuthnot Securities:
Tom Griffiths 020 7012 2122
Adventis Financial PR;
Chris Steele 020 7034 4759
This information is provided by RNS
The company news service from the London Stock Exchange