Millennium, the largest agency group in Yorkshire has today announced that it will list on the AIM stock market later this year and has undergone a significant restructure to prepare. Now renamed, Direct Marketing Group Ltd, the company has also revealed that it is on the cusp of appointing a new chairman, a move that will allow founder of Millennium, Martin Smith, to take over as Chief Executive. In addition, the group is preparing to make a number of key acquisitions over the coming months in anticipation of its listing on the stock exchange’s Alternative Investment Market.
Having recently topped the ranks of Yorkshire’s largest agencies, the move towards listing, the appointment of a new chairman and proposed acquisitions are all part of the company’s strategic plan to become the largest independent direct marketing group in the UK.
Martin Smith, Chief Executive, Direct Marketing Group Ltd, said: “Having completed our climb through the agency ranks in Yorkshire, we are now setting our sights on achieving similar success on a nationwide scale.
“We could be listing on the AIM stock market as early as November, capitalising on our position as one of the largest independents in the industry.The Direct Marketing Group Ltd currently comprises four key companies, DMS: fundraising marketing specialist, Millennium: mature marketing specialist, PushButton: data management bureau and Coltec Parker: printers and lettershop. Dick Stroud
“We are currently in negotiations with a number of well-known business figures to take on the role of chairman and will be announcing who it is very soon.
“What’s more, our planned acquisitions, which we will also be announcing shortly, will see the expanded group become one of the biggest providers of integrated direct marketing services in the UK.
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