Appointment of Joint Broker

RNS Number : 7756J
Connect Group PLC
30 June 2017
 

Connect Group PLC

('Connect Group' or 'the Company')

 

Appointment of Joint Broker

 

Connect Group PLC, a leading specialist distributor, is pleased to announce the appointment of Berenberg as Joint Corporate Broker to work alongside J.P. Morgan Cazenove with immediate effect.

 

Enquiries:

 

Connect Group PLC

Mark Cashmore, Group Chief Executive

David Bauernfeind, Chief Financial Officer

www.connectgroupplc.com

 

 

01793 563641

Berenberg

Chris Bowman / Toby Flaux

connect@berenberg.com

www.berenberg.com

 

 

020 3207 7800

Buchanan

Richard Oldworth / Jamie Hooper

connect@buchanan.uk.com

www.buchanan.uk.com

 

 

020 7466 5000

 

About Connect Group

Connect Group PLC is a leading specialist distributor operating in large and diverse markets. The Group has three separate divisions, connecting suppliers to customers in an efficient, knowledgeable and service oriented way:

·      Connect News & Media - Encompassing: Smiths News, Dawson Media Direct and Pass My Parcel. Smiths News is the UK's largest newspaper and magazine wholesaling business with an approximate 55 per cent. market share. It distributes newspapers and magazines on behalf of the majority of the major national publishers as well as a large number of regional publishers serving approximately 30,000 customers across England and Wales on a daily basis, including large general retailers as well as smaller independent newsagents with approximately 40 million newspapers supplied weekly. Dawson Media Direct is an international media direct business supplying newspapers, magazines and inflight entertainment technology and content to over 80 airlines in 50 countries. Pass My Parcel, a wholly-owned 'click and collect' delivery service, operated by the Smiths News business, has a network of over 3,000 parcel shops and clients which include Amazon and ASOS.

 

·      Connect Parcel Freight - Tuffnells is a leading provider of next-day B2B delivery of mixed parcel freight consignments, specialising in items of irregular dimension and weight ("IDW"), examples of which include bulky furnishings, building materials and automotive parts. Tuffnells offers distribution coverage throughout the UK through a network of 37 depots and operates a largely depot-to-depot operational model, delivering over 13 million consignments per annum, through a wide range of services to over 4,500 customers focusing on SMEs.

 

·      Connect Books - Combining a number of recognised brands in print and digital bookselling, including Bertrams, Dawson Books and Wordery. A leading distributor of printed and digital books, the division supplies a mix of traditional and online booksellers, academic and public libraries and direct to consumer through Wordery.


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