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(MEC.L) Mecom Group PLC Buy/Sell

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Summary

Current Market Information

Time: 21:20 (Market Closed)

Bid	148.00
Ask	148.50
Price	148.25
Previous	147.50
Change	+0.50 (+0.34%)
Last Trade	148 (16:35:13)
Trading Vol.	56,566
Today's High	149.66
Today's Low	140.34

52 Wk Low	75.00
52 Wk Low	(17/07/2009)
52 Wk High	739.00
52 Wk High	(30/04/2009)
52 Wk Change	-47.00
52 Wk Change	(-24.10%)
4 Wk Volume	5,915,622
ISIN Number	GB00B3P91873
Currency	GBX

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Recent News
Date/Time	Headline	Source
14-01-10	Mecom Group PLC - Trading Statement	RNS
RNS Number : 5232F Mecom Group PLC 14 January 2010 14th January 2010 MECOM GROUP PLC Pre-close trading update The Board of Mecom Group plc ("Mecom" or the "Group") issues the following trading update for the year ended 31st December 2009 in advance of its results announcement scheduled for 17th March 2010. Highlights The key highlights of the year were: FOLLOWING IMPROVED REVENUE PERFORMANCE IN THE LAST TWO MONTHS OF THE YEAR IN MUCH OF THE GROUP, AND CONTINUING BENEFITS FROM COST REDUCTION PROGRAMMES, EBITDA IN THE SECOND HALF OF THE YEAR IMPROVED CONSIDERABLY FROM THAT IN THE FIRST HALF, RESULTING IN A PRELIMINARY ESTIMATE OF FULL-YEAR TOTAL EBITDA OF APPROXIMATELY EUR123 MILLION; THE DECLINE IN ADVERTISING IN ALL OF OUR MARKETS HAS SLOWED. TOTAL ADVERTISING DECLINED BY 8 PER CENT IN THE TWO-MONTH PERIOD TO 31ST DECEMBER, COMPARED TO A FULL-YEAR DECLINE OF 18 PER CENT; UNDERLYING CIRCULATION REVENUES INCREASED SLIGHTLY DURING THE YEAR; A REDUCTION IN COSTS OF APPROXIMATELY EUR140 MILLION, EXCEEDING THE GROUP'S PREVIOUS EXPECTATIONS (AND ORIGINAL TARGET OF EUR75 MILLION) AND OFFSETTING NEARLY 80 PER CENT OF THE DECLINE IN TOTAL REVENUES DURING THE YEAR; NET CASHFLOW IN THE SECOND HALF OF THE YEAR, EXCLUDING THE EFFECT OF THE RESIDUAL FUNDRAISING AND DISPOSAL PROCEEDS, WAS APPROXIMATELY BREAK-EVEN COMPARED TO AN OUTFLOW IN THE FIRST HALF OF THE YEAR OF EUR56 MILLION; AND YEAR-END NET DEBT WAS APPROXIMATELY EUR380 MILLION, LOWER THAN BOTH MARKET EXPECTATIONS OF APPROXIMATELY EUR400 MILLION AND THE OCTOBER NET DEBT FIGURE (EUR425 MILLION) ANNOUNCED IN OUR INTERIM MANAGEMENT STATEMENT ON 17TH NOVEMBER 2009. THE DECREASE SINCE THE END OF OCTOBER INCLUDED NORMAL SEASONAL WORKING CAPITAL MOVEMENTS, IN PARTICULAR THE EFFECT OF QUARTERLY SUBSCRIPTION RECEIPTS. Outlook for 2010 Although the short-term prospects for advertising in the Group's markets remain uncertain, our current expectation is that there will be a continuing, but more modest, decline in print advertising revenues in the first half of 2010, which should be offset over the full year by significant growth in digital revenues. On this basis, we anticipate that revenues in 2010 will be broadly similar to 2009, absent any material change in momentum in our print advertising markets. The full-year effect of cost reduction programmes in our traditional print business completed or initiated in 2009, together with new programmes planned for 2010 and the benefit of weakening newsprint prices, should see an improvement in EBITDA of at least 10 per cent from the Group's ongoing businesses in 2010. The impact of the Group's capital structure on our profit and loss account means that any improvement in EBITDA will result in a substantial increase in the Group's earnings per share. Any meaningful recovery in advertising markets generally would also have a materially positive impact on the Group's earnings per share in 2010. Finally, the Group expects to be in a position to meet its term debt repayment obligations (EUR20 million in December 2010) from trading cashflows. On the basis of its current forecasts for 2010, the Group will be well within the headroom of all of the covenants agreed with its lending banks in May 2009. Commenting on the outlook for 2010, David Montgomery, Chief Executive, said: "The Group is now entering the second full year of a three-year programme which will see it move from being a publisher of, primarily, printed newspapers to a provider of an increasingly wide range of content to consumers through many different media channels. This means a business model that demands much greater productivity from a continually reducing cost base in the traditional print business. The Board acknowledges that this will mean further major upheaval for our staff and is grateful for their increasingly enthusiastic implementation of a new operating model. "The Group is weathering the storm of a major recession well and enters 2010 in good shape with both robust and enduring historic brands and a widening portfolio of new products. GDP is expected to grow in all of our markets in 2010, although it remains to be seen whether the traditionally close correlation between GDP growth and increases in newspaper advertising will be evident as the current recession comes to an end. The Board is confident that its strategy of refocusing the Group as a provider of consumer content across multiple outlets rather than solely printed newspapers gives it an attractive and sustainable future, measured by margin improvement and cashflow generation. We intend to announce details of our medium-term strategic and financial targets with the Group's results in March." Enquiries: `Mecom Group plc +44 207 925 7200` David Montgomery, Chief Executive Henry Davies, Group Finance Director `M: Communications +44 207 920 2330` Nick Miles / Elly Williamson This information is provided by RNS The company news service from the London Stock Exchange END TSTKKNDDFBKDODD More
06-01-10	Mecom Group PLC - Notice of Final Results & pre-close trading	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 1041F Mecom Group PLC 06 January 2010 MECOM GROUP PLC Notice of Final Results and pre-close trading statement Mecom Group plc ("Mecom") will announce its Final Results for the year ended 31 December 2009 on Wednesday 17 March 2010 at 7.00am. Mecom will publish a pre-close trading statement for this period on Thursday 14 January 2010 at 7.00am. Enquiries: Mecom Group plc +44 (0) 20 7925 7200 Henry Davies Jonathan Digges M:Communications +44 (0) 20 7920 2330 Eleanor Williamson This information is provided by RNS The company news service from the London Stock Exchange END NORUGUGCGUPUUBQ More
18-12-09	Mecom Group PLC - Director/PDMR Shareholding	RNS
RNS Number : 3915E Mecom Group PLC 18 December 2009 Annex DTR3 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters. `1. Name of the issuer 2. State whether the` `notification relates` `to (i) a transaction` `notified in` `accordance with DTR` `3.1.2 R, (ii) a` `disclosure made in` `accordance with LR` `9.8.6R(1) or (iii) a` `disclosure made in` `accordance with` `section 793 of the` `Companies Act` `(2006).` `MECOM GROUP PLC (i) AND (iii)` `3. Name of person 4. State whether` `discharging notification relates` `managerial to a person` `responsibilities/ connected with a` `director person discharging` `managerial` `responsibilities/` `director named in 3` `and identify the` `connected person` DAVID MONTGOMERY `5. Indicate whether the 6. Description of` `notification is in shares (including` `respect of a holding class), debentures` `of the person or derivatives or` `referred to in 3 or financial` `4 above or in instruments relating` `respect of a to shares` `non-beneficial` `interest1` NOTIFICATION RELATES ORDINARY SHARES OF `TO THE PERSON NAMED 60.85888PENCE EACH` IN 3 ABOVE `7. Name of registered 8. State the nature of` `shareholders(s) and, the transaction` `if more than one,` `the number of shares` `held by each of them` DAVID MONTGOMERY ACQUISITION OF SHARES `9. Number of shares, 10. Percentage of issued` `debentures or class acquired` `financial (treasury shares of` `instruments relating that class should` `to shares acquired not be taken into` `account when` `calculating` `percentage)` `9,254 0.008%` `11. Number of shares, 12. Percentage of issued` `debentures or class disposed` `financial (treasury shares of` `instruments relating that class should` `to shares disposed not be taken into` `account when` `calculating` `percentage)` `13. Price per share or 14. Date and place of` `value of transaction transaction` `£1.0964 PER SHARE 18 DECEMBER 2009,` LONDON `15. Total holding 16. Date issuer informed` `following of transaction` `notification and` `total percentage` `holding following` `notification (any` `treasury shares` `should not be taken` `into account when` `calculating` `percentage)` `409,609 (0.37%) 18 DECEMBER 2009` `17. Date of grant 18. Period during which` `or date on which` `exercisable` `19. Total amount paid 20. Description of` `(if any) for grant shares or debentures` `of the option involved (class and` `number)` `21. Exercise price (if 22. Total number of` `fixed at time of shares or debentures` `grant) or indication over which options` `that price is to be held following` `fixed at the time of notification` `exercise` `23. Any additional 24. Name of contact and` `information telephone number for` `queries` `JAIME THAM, COMPANY` SECRETARY 020 7925 7200 Name of authorised official of issuer responsible for making notification DATE OF NOTIFICATION_18 DECEMBER 2009_________ Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4. AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A TRANSACTION RELATING TO THE SHARES OR DEBENTURES OF THE ISSUER SHOULD COMPLETE BOXES 1 TO 16, 23 AND 24. (2) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A DERIVATIVE RELATING THE SHARES OF THE ISSUER SHOULD COMPLETE BOXES 1 TO 4, 6, 8, 13, 14, 16, 23 AND 24 (3) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF OPTIONS GRANTED TO A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES SHOULD COMPLETE BOXES 1 TO 3 AND 17 TO 24. (4) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A FINANCIAL INSTRUMENT RELATING TO THE SHARES OF THE ISSUER (OTHER THAN A DEBENTURE) SHOULD COMPLETE BOXES 1 TO 4, 6, 8, 9, 11, 13, 14, 16, 23 AND 24. This information is provided by RNS The company news service from the London Stock Exchange END RDSUWOURKURUAAA More
17-12-09	Mecom Group PLC - Director/PDMR Shareholding	RNS
RNS Number : 2963E Mecom Group PLC 17 December 2009 Annex DTR3 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters. `1. Name of the issuer 2. State whether the` `notification relates` `to (i) a transaction` `notified in` `accordance with DTR` `3.1.2 R, (ii) a` `disclosure made in` `accordance with LR` `9.8.6R(1) or (iii) a` `disclosure made in` `accordance with` `section 793 of the` `Companies Act` `(2006).` `MECOM GROUP PLC (i) AND (iii)` `3. Name of person 4. State whether` `discharging notification relates` `managerial to a person` `responsibilities/ connected with a` `director person discharging` `managerial` `responsibilities/` `director named in 3` `and identify the` `connected person` DAVID MONTGOMERY `5. Indicate whether the 6. Description of` `notification is in shares (including` `respect of a holding class), debentures` `of the person or derivatives or` `referred to in 3 or financial` `4 above or in instruments relating` `respect of a to shares` `non-beneficial` `interest1` NOTIFICATION RELATES ORDINARY SHARES OF `TO THE PERSON NAMED 60.85888PENCE EACH` IN 3 ABOVE `7. Name of registered 8. State the nature of` `shareholders(s) and, the transaction` `if more than one,` `the number of shares` `held by each of them` DAVID MONTGOMERY ACQUISITION OF SHARES `9. Number of shares, 10. Percentage of issued` `debentures or class acquired` `financial (treasury shares of` `instruments relating that class should` `to shares acquired not be taken into` `account when` `calculating` `percentage)` `14,000 0.0127%` `11. Number of shares, 12. Percentage of issued` `debentures or class disposed` `financial (treasury shares of` `instruments relating that class should` `to shares disposed not be taken into` `account when` `calculating` `percentage)` `13. Price per share or 14. Date and place of` `value of transaction transaction` `£1.075 PER SHARE 17 DECEMBER 2009,` LONDON `15. Total holding 16. Date issuer informed` `following of transaction` `notification and` `total percentage` `holding following` `notification (any` `treasury shares` `should not be taken` `into account when` `calculating` `percentage)` `400,355 (0.36%) 17 DECEMBER 2009` `17. Date of grant 18. Period during which` `or date on which` `exercisable` `19. Total amount paid 20. Description of` `(if any) for grant shares or debentures` `of the option involved (class and` `number)` `21. Exercise price (if 22. Total number of` `fixed at time of shares or debentures` `grant) or indication over which options` `that price is to be held following` `fixed at the time of notification` `exercise` `23. Any additional 24. Name of contact and` `information telephone number for` `queries` `JAIME THAM,` COMPANY SECRETARY 020 7925 7200 Name of authorised official of issuer responsible for making notification DATE OF NOTIFICATION_17 DECEMBER 2009_________ Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4. AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A TRANSACTION RELATING TO THE SHARES OR DEBENTURES OF THE ISSUER SHOULD COMPLETE BOXES 1 TO 16, 23 AND 24. (2) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A DERIVATIVE RELATING THE SHARES OF THE ISSUER SHOULD COMPLETE BOXES 1 TO 4, 6, 8, 13, 14, 16, 23 AND 24 (3) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF OPTIONS GRANTED TO A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES SHOULD COMPLETE BOXES 1 TO 3 AND 17 TO 24. (4) AN ISSUER MAKING A NOTIFICATION IN RESPECT OF A FINANCIAL INSTRUMENT RELATING TO THE SHARES OF THE ISSUER (OTHER THAN A DEBENTURE) SHOULD COMPLETE BOXES 1 TO 4, 6, 8, 9, 11, 13, 14, 16, 23 AND 24. This information is provided by RNS The company news service from the London Stock Exchange END RDSUBOARKBRUAAA More

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Date/Time	Subject	Author
17:01	Re: Would av been nice!	Diversification	1


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	The support seems to be getting stronger by the day although no doubt we'll start with a 140p bid tomorrow as usual. Imo we're as cheap as we're ever going to be, some T+20 chancers will be turning up in a week or so pushing us up further. More \| View thread (2) \| Respond \| Login to Vote up \| Login to Vote down
16:47	Would av been nice!	takeurtime	1


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	Well it would have been nice to break thro the £1.50 today, but its still holding up quite well I guess looking at the poor market so far this week.. Not long to go before it really takes off tho, the market won't be able to ignore the next announcement of trading stats! IMO More \| View thread (2) \| Respond \| Login to Vote up \| Login to Vote down
16:37	Re: No Volume	takeurtime


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	To be honest I cant stand to read the negative and pointless messages on there. I have never seen so many idi@ts on one board. The names on my ignore list is getting so long it's ridiculous! lol I'm in heavy with Hawk and dont really see any downside from here ! Fingers crossed please Almighty one !! More \| View thread (6) \| Respond \| Login to Vote up \| Login to Vote down
16:29	Re: No Volume	Diversification


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	lol Have you sorted then out on the HAWK board yet, the derampers are out in force. Theres a great opportunity there once Lloyds have cleared. More \| View thread (6) \| Respond \| Login to Vote up \| Login to Vote down

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