(DLM) Digital Learning
Summary
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| 09-05-12 | HUG |
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For release at 7am 9 May 2012 DIGITAL LEARNING MARKETPLACE PLC Appointment of Non Executive Director The Digital Learning Marketplace plc (AIM: DLM) Board is delighted to announce the appointment of Paul Henry as Non Executive Director with immediate effect. Paul has spent the past 9 years working with multiple start-up and growth businesses, in various investor, advisor and operational roles. Before that Paul spent six years with SmartForce (now Skillsoft), an acknowledged disruptor and innovator in the e-Learning industry. At SmartForce Paul was credited with building its ex-US, international business (growing it to almost $100m revenues in five years) before moving to its Silicon Valley-based headquarters as Executive VP of Marketing and Business Development. There he was tasked with accelerating SmartForce's bold transition to an internet-based, integrated e-Learning services company, among all key internal and external stakeholders. Paul's earlier career encompassed diverse sales, marketing and management roles in a number of other technology companies. His initial introduction to the technology sector was with IBM, having started his career in the marketing research profession. Andy Hasoon, CEO of DLM, commented, "We are obviously delighted that Paul has joined the board of DLM at this exciting time of our development. He brings a wealth of knowledge and experience, enabling the Company to forge ahead with its global growth strategy and will be a great asset to our sales, marketing and business development teams. Plus his experience in successfully executing buy and build strategies will be of great value to us over the coming months." The directorships and / or partnerships held by Joseph Paul Henry, aged 52, in the previous five years are as follows:
Mr. Henry does not hold any shares in DLM. There is no further information required to be disclosed pursuant to Schedule Two paragraph (g) (i) to (viii) of the AIM Rules for Companies in relation to Mr. Henry. -ends- For further enquiries please contact: Digital Learning Marketplace Plc Tel: 020 7408 4720 Beaumont Cornish Limited (NOMAD) Tel: 020 7628 3396 Northland Capital Partners Limited (Primary Broker) Tel: 020 7796 8800 Rivington Street Corporate Finance (Broker) Tel: 020 7562 3357 Leander (Financial PR) Tel: 07795 168157 NOTES TO EDITORS About DLM DLM is building the next generation of innovative digital learning products - products that will bring about a step-change in the way organizations and individuals learn, develop and improve; and DLM has embarked on an aggressive but selective programme of mergers and acquisitions to consolidate what is a very fragmented market. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Digital Learning Marketplace plc via Thomson Reuters ONE HUG#1609954 More |
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| 30-04-12 | HUG |
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For immediate release DIGITAL LEARNING MARKETPLACE PLC For the purposes of the Disclosure and Transparency Rules of the Financial Services Authority, the Board of DLM is required to notify the market of the following: As at the date of this announcement, the Company's issued share capital consists of 837,971,807 ordinary shares with a nominal value of 0.05p each, with voting rights ("Ordinary Shares"), and 166,313,349 deferred shares of 0.45p each. The deferred shares are non-voting, are not admitted to trading on AIM and are not entitled to any participation in the profits or the assets of the Company. The Company does not hold any Ordinary Shares in Treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 837,971,807. The above figure of 837,971,807 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules. -ENDS- For further information: Digital Learning Marketplace Plc Tel: 020 7408 4720 Beaumont Cornish Limited (NOMAD) Tel: 020 7628 3396 Northland Capital Partners Limited (Broker) Tel: 020 7796 8800 Rivington Street Corporate Finance (Broker) Tel: 020 7562 3357 Leander (Financial PR) Tel: 07795 168157 NOTES TO EDITORS About DLM DLM is building the next generation of innovative digital learning products - products that will bring about a step-change in the way organisations and individuals learn, develop and improve; and DLM has embarked on an aggressive but selective programme of mergers and acquisitions to consolidate what is a very fragmented market. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Digital Learning Marketplace plc via Thomson Reuters ONE HUG#1607475 More |
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| 25-04-12 | HUG |
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Embargoed until 7am 25 April 2012 DIGITAL LEARNING MARKETPLACE PLC Management Appointment and Acquisition DLM (AIM: DLM) a leading digital learning company specialising in the provision of productivity improvement, is pleased to announce it has appointed Mark Savinson as Chief Learning Officer (non-Board) and DLM has signed non-binding Heads of Terms to buy Mr Savinson's learning company Accredit Limited ( http://www.sales-accredit.com/, "Accredit") for DLM plc ordinary shares. Mark Savinson, CEO and largest shareholder of Accredit has been working with DLM as a consultant for over six months now joins DLM full time as Chief Learning Officer. Accredit has preferred supplier relationships with BT, Thomson Reuters, Lenovo and Vodafone and provides cutting edge Sales Performance Improvement solutions to blue chip companies. The initial consideration will be £400,000 of ordinary shares of 0.05p in DLM, the price to be determined by the mid-market price on the date of completion, or as otherwise agreed between the parties at the time of closing. A further £300,000 of deferred consideration may be paid, also in DLM ordinary shares (calculated by the same method) subject to the acquired business showing a profit before tax of greater than £300,000 for the year ending 30 June 2012. As stated above, the heads of terms are non-binding and the acquisition is conditional inter alia on due diligence and agreeing a definitive sale and purchase agreement. For the year ended 30 June 2011, Accredit reported a profit on ordinary activities before taxation of £224,204 and after dividends paid to the working director shareholders had a retained profit of £93,723. Gross assets as at that date were £402,302. Aside from securing valuable long term blue chip customers, all Intellectual Property owned by Accredit will be acquired as part of the transaction including Accredit's unique high performance sales assessment system. Andy Hasoon, CEO of DLM, said, "We have several acquisitions being negotiated at this time and the DLM Board are delighted to announce these developments. This is the first step in what we hope to be a series of transactions that will transform us over the next year into a leading digital learning company. DLM will secure an important world class sales product portfolio to be sold to our existing customers, and we can cross-sell our existing products in to Accredit's significant blue chip customer base. Mark is an experienced businessman who is passionate about what we are doing at DLM; He now joins other key management as significant shareholders in DLM plc, where we are all focused on and are already making valuable contributions to growing and transforming our business performance." Mark Savinson, the new CLO of DLM commented, "I am looking forward to helping DLM deliver on its strategy to become the leading provider of Digital Learning, allowing people to become more effective in their roles by targeting relevant digital content to meet the unique needs of the individual. Accredit has long been focused on providing speciality programmes to corporate sales teams and I now look forward to broadening this approach across all aspects of the learning marketplace. I am excited at the prospect of working with Andy and the management team at DLM in delivering on the vision and building significant shareholder value." -ends- For further information: Digital Learning Marketplace Plc Tel: 020 7408 4720 Beaumont Cornish Limited (NOMAD) Tel: 020 7628 3396 Northland Capital Partners Limited (Broker) Tel: 020 7796 8800 Leander (Financial PR) Tel: 07795 168157 NOTES TO EDITORS About DLM DLM is building the next generation of innovative digital learning products - products that will bring about a step-change in the way organizations and individuals learn, develop and improve; and DLM has embarked on an aggressive but selective programme of mergers and acquisitions to consolidate what is a very fragmented market. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Digital Learning Marketplace plc via Thomson Reuters ONE HUG#1605520 More |
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| 23-04-12 | HUG |
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Embargoed until 7am 23 April 2012 DIGITAL LEARNING MARKETPLACE PLC Global Distribution and Development Agreement The Directors of Digital Learning Marketplace plc (DLM), the AIM listed digital learning company, are delighted to announce that on 16 April 2012 DLM acquired the exclusive global distribution and development rights to People First Ltd's employee engagement tool "An Even Better Place to Work". An Even Better Place to Work is an online employee engagement diagnostic and accompanying programme, designed to be run in 10-15 minutes bite-sized modules during weekly team meetings. DLM will now be developing new digital content and tools to enhance and expand the product set. DLM will be digitising and gamifying the product and developing digital learning content to support managers implementing the programme. The programme measures 28 factors that impact on employee engagement, reports the findings at the individual, team and organisational levels, then delivers resources and activities that quickly create a well led, motivated and highly productive workforce. DLM also takes-over the on-going contracts with customers such as the NHS, Siemens, Emirates, and Black & Decker, as well as the management of a consultancy and reseller network of leading employee engagement experts. The revenues of the on-going contracts is £100,000, consideration for the deal is a revenue split with People First Ltd receiving 75% of renewals and 50% of new business. Andy Hasoon, CEO of DLM said: "Our customers tell us that employee engagement is a key issue for them. They know that it has a major impact on performance and are desperate for a cost effective solution that can demonstrate real results." "This tool does not just survey, it is a diagnostic tool kit with set of interventions that deliver measurable improvement. It perfectly fits our overall strategy of delivering products to our customers that provide them with needs assessment, targeted bite-sized solutions, and follow-up metrics that can measure the impact of those interventions." "One customer told us that after using the product they have seen a 75% reduction in absenteeism, another said that they had achieved a 25% improvement on KPIs - those are levels of improvement most firms can only dream of but which An Even Better Place to Work is delivering every day." Shay McConnon, owner of People First Ltd, and creator of An Even Better Place to Work declared himself to be "excited to have found a partner who has the vision, talent and technological expertise to develop An Even Better Place to Work in a way that will fully exploit the potential of the concept. DLM has the sales capacity to take what is already a successful product global and bring it to a much larger audience." -ENDS- For further enquiries please contact: Beaumont Cornish Limited (NOMAD) Tel: 020 7628 3396 Northland Capital Partners Ltd Tel 020 7796 8800 Rivington Street Corporate Finance (Broker) Tel: 020 7562 3357 Leander (Financial PR) Tel: 07795 168157 NOTES TO EDITORS About DLM This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Digital Learning Marketplace plc via Thomson Reuters ONE HUG#1604681 More |
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Updated line up!
The directors of Gemfields (AIM: GEM), Silence Therapeutics (AIM: SLN), Plethora Solutions (AIM: PLE) and Digital Learning Marketplace (AIM: DLM) will be presenting Thursday the 10th May 2012, Free to attend. Register here: http://www.proactiveinvestors.co.uk/register/event_details/147 |
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| 25-04-12 | ||||
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Digital Learning Marketplace (LON:DLM) took a further step towards becoming a leading digital learning company today with an agreement to buy learning firm Accredit Ltd.
Simultaneously, Mark Savinson, Accredit's chief executive and the company's largest shareholder, has been appointed chief learning officer - a non board position. DLM said the initial consideration for the non-binding Heads of Terms will be £400,000 worth of company shares followed by a further deferred £300,000. Accredit, which provides sales performance improvement solutions, has supplier relationships with BT, Thomson Reuters, Lenovo and Vodafone. DLM's chief executive said the firm was currently negotiating several acquisitions being negotiated and was delighted at the development. "This is the first step in what we hope to be a series of transactions that will transform us over the next year into a leading digital learning company. "DLM will secure an important world class sales product portfolio to be sold to our existing customers, and we can cross-sell our existing products in to Accredit's significant blue chip customer base. "Mark is an experienced businessman who is passionate about what we are doing at DLM. He now joins other key management as significant shareholders in DLM plc, where we are all focused on and are already making valuable contributions to growing and transforming our business performance." As well as securing valuable long term blue chip customers, all Accredit's intellectual property will be acquired as part of the transaction. The price of shares for the initial consideration will be determined by the mid-market price on the date of completion, or as agreed between the parties at the time of closing. A further £300,000 of deferred consideration may be paid, also in DLM shares subject to Accredit showing a pre-tax profit of more than £300,000 for the year ending June 30 this year. In a note to clients, broker Northland said the acquisition represented further progress in the company's DLMs buy-and-build strategy in what was a "highly fragmented" corporate digital learning market. "Accredit provides a blue-chip customer base where DLM can cross-sell other products but also a product set that is applicable to its own base. Finally, DLM gains another experienced executive whose interests are aligned with the group through his equity participation," said analyst David Johnson. As at 3.20pm, the firm's shares stood at 0.13 pence. http://www.proactiveinvestors.co.uk/companies/news/41937/digital-learning-marketplace-signs-agreement-to-buy-learning-firm-accredit-update-41937.html |
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| 25-04-12 | ||||
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DIGITAL LEARNING MARKETPLACE PLC
("DLM" or the "Company") Management Appointment and Acquisition DLM (AIM: DLM) a leading digital learning company specialising in the provision of productivity improvement, is pleased to announce it has appointed Mark Savinson as Chief Learning Officer (non-Board) and DLM has signed non-binding Heads of Terms to buy Mr Savinson's learning company Accredit Limited ( http://www.sales-accredit.com "Accredit") for DLM plc ordinary shares. Mark Savinson, CEO and largest shareholder of Accredit has been working with DLM as a consultant for over six months now joins DLM full time as Chief Learning Officer. Accredit has preferred supplier relationships with BT, Thomson Reuters, Lenovo and Vodafone and provides cutting edge Sales Performance Improvement solutions to blue chip companies. The initial consideration will be £400,000 of ordinary shares of 0.05p in DLM, the price to be determined by the mid-market price on the date of completion, or as otherwise agreed between the parties at the time of closing. A further £300,000 of deferred consideration may be paid, also in DLM ordinary shares (calculated by the same method) subject to the acquired business showing a profit before tax of greater than £300,000 for the year ending 30 June 2012. As stated above, the heads of terms are non-binding and the acquisition is conditional inter alia on due diligence and agreeing a definitive sale and purchase agreement. For the year ended 30 June 2011, Accredit reported a profit on ordinary activities before taxation of £224,204 and after dividends paid to the working director shareholders had a retained profit of £93,723. Gross assets as at that date were £402,302. Aside from securing valuable long term blue chip customers, all Intellectual Property owned by Accredit will be acquired as part of the transaction including Accredit's unique high performance sales assessment system. Andy Hasoon, CEO of DLM, said, "We have several acquisitions being negotiated at this time and the DLM Board are delighted to announce these developments. This is the first step in what we hope to be a series of transactions that will transform us over the next year into a leading digital learning company. DLM will secure an important world class sales product portfolio to be sold to our existing customers, and we can cross-sell our existing products in to Accredit's significant blue chip customer base. Mark is an experienced businessman who is passionate about what we are doing at DLM; He now joins other key management as significant shareholders in DLM plc, where we are all focused on and are already making valuable contributions to growing and transforming our business performance." Mark Savinson, the new CLO of DLM commented, "I am looking forward to helping DLM deliver on its strategy to become the leading provider of Digital Learning, allowing people to become more effective in their roles by targeting relevant digital content to meet the unique needs of the individual. Accredit has long been focused on providing speciality programmes to corporate sales teams and I now look forward to broadening this approach across all aspects of the learning marketplace. I am excited at the prospect of working with Andy and the management team at DLM in delivering on the vision and building significant shareholder value." http://www.investegate.co.uk/Article.aspx?id=20120425070102H5520 Initial impression is that it looks good. One of many acquisitions this year I suspect, good to see they are not hanging about! |
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| 23-04-12 |
Buy
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Great news: http://www.investegate.co.uk/Article.aspx?id=20120423070015H4681
The first of many I am hoping. |
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