Ten Alps PLC
13 March 2008
13 March 2008
Ten Alps Plc
Preferred supplier status awarded on Teachers' TV contract
Factual media company Ten Alps announces that Education Digital 2 Limited, a
consortium in which Ten Alps' subsidiary Brook Lapping is a 75% shareholder, has
been informed by the Department for Schools, Children and Families that its
Teachers TV tender submission has now achieved preferred supplier status.
The other participant in the consortium is Independent Television News (ITN),
which has a 25% stake.
The contract negotiation process is expected to take about 6 weeks, with the new
five-year contract starting thereafter.
Media enquiries:
Pelham, Financial PR
Alex Walters/ Hugh Barker Tel: +44 (0) 20 7743 6670
www.pelhampr.com
Ten Alps Plc
Alex Connock, Chief Executive Tel: +44 (0) 20 7878 2311
c/o Moira McManus www.tenalps.com
Collins Stewart, Nominated Adviser
Chris Wells / Mark Connelly Tel: +44 (0) 20 7523 8350
www.collins-stewart.com
About Ten Alps
Ten Alps Plc is a factual media company - on TV, online and in print.
As a multi-platform producer, it engages with audiences and customers across all
media outlets.
Ten Alps has market-leading positions in all its three key areas of output.
• On TV it produces for Dispatches, Panorama and other key factual
programmes for Channel 4, the BBC and international broadcasters. One of
its companies is preferred supplier for a major five-year government
contract to operate the Teachers TV channel.
• Online it produces Kent TV, the first fully local authority-funded
broadband TV service in the UK, alongside B2B websites and online TV
projects, such as the forthcoming Vets TV. It also produces online TV
advertising.
• In Print it is one of the UK's largest contract and specialist publishers,
with a growing portfolio of 740 titles across specialist media sectors
including finance, environment, public sector and international trade.
Ten Alps was founded in 1999 by Alex Connock and Bob Geldof.
It has over 650 staff with main offices in London and Manchester, and smaller
offices in Dublin, Edinburgh and Gateshead.
Ten Alps has had seven consecutive years of growth since listing on AiM in 2001,
with turnover rising from £2m to a forecast £78m in the financial year to March
31 2008.
During that period, sixteen acquisitions have been made: in factual TV
(including leading producers Brook Lapping and Blakeway), online (video
advertising producer MMA, CSR specialists DBDA ) and in print (McMillan Scott,
Mongoose, Atalink, Camerons, Sovereign - all of which now have substantial
online portfolios.) Only one equity funding has been made since 2001.
www.tenalps.com
This information is provided by RNS
The company news service from the London Stock Exchange