Appointment of NOMAD and Corporate Broker

RNS Number : 7079Q

Eagle Eye Solutions Group PLC

02 March 2016

 

2 March 2016

Eagle Eye Solutions Group PLC

("Eagle Eye" or "Company")

Appointment of Nominated Adviser and Corporate Broker

Eagle Eye today announces the immediate appointment of Investec Bank plc as its Nominated Adviser and corporate broker.

For further information please contact:

Eagle Eye Phill Blundell, Chief Executive Officer Lucy Sharman-Munday, Chief Finance Officer	Tel: [phone]
Investec Dominic Emery/David Anderson, Corporate Finance Matt Lewis, Corporate Broking	Tel: [phone]
Hudson Sandler                                  Nick Lyon/Alex Brennan	Tel: [phone]

Information on Eagle Eye

www.eagleeye.com

Eagle Eye is a leading SaaS technology company that securely validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries.

The Company's digital marketing platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital promotions and rewards, replacing previously used paper-based methods. Our Eagle Eye platform creates a network effect between merchants, distributors and brands enabling stronger connections and value to all parties. Through our four products we enable brands and merchants to reduce cost, improve their customer offer and accelerate their innovation.

The UK promotions market is currently transitioning through substantial change as both retailers and consumers are moving away from paper and plastic to digital. In 2014 there were in excess of 730 million coupons redeemed in the UK¹, and 16 billion digital coupons redeemed worldwide².

The Eagle Eye AIR platform comprises four key products: Eagle Eye Promote - for the management of offers and promotions, Eagle Eye Gift - for gift cards and customer care, Eagle Eye Reward - for loyalty and reward schemes and Eagle Eye Engage - for digital messaging. These four products enable the Company's customers to deliver targeted promotions, gift vouchers and rewards to consumers in real time, in a simple and secure way, across multiple marketing communications channels including email, SMS messaging and loyalty apps. The promotions can be redeemed securely by the consumer through any enabled point of sale channel.

The Company's current customer base comprises leading names in UK grocery, retail and hospitality including Asda, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco and Thomas Pink.

The Group is headquartered in Guildford and has an office in Manchester.

 

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¹ Source: Valassis 2014

² Source: Statista 2014

 

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