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Digital Learning Marketplace p (ARGP)

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Tuesday 27 March, 2012

Digital Learning Marketplace p

Digital Learning Marketplace plc : Placing and ...

Digital Learning Marketplace plc : Placing and Broker Appointment

Embargoed until 7am        27th March 2012

DIGITAL LEARNING MARKETPLACE PLC
("DLM" or the "Company")

Placing

Digital Learning Marketplace plc (DLM) is announcing to its shareholders that it is carrying out a Placing to raise cash from Institutions and qualified high net worth individuals via its brokers at 0.20p per ordinary share. Investors are being told that they must have completed the subscription to the placing by 5pm on Thursday 29 March 2012. Investing in DLM is an EIS qualified investment subject to the terms of HMRC Enterprise Investment Scheme (EIS).

DLM is further announcing that its new Primary Broker is Northland Capital Partners - Katie Shelton Head of Corporate Broking will be leading future funding rounds on behalf of the company. http://www.northlandcp.co.uk/UK/UK/?page_id=39

Rivington Street Corporate Finance (RSCF) are also retained as brokers to address the various retail and private client investors that the Company has existing relationships with. CEO of RSCF Peter Greensmith is in charge of these relationships. http://www.rivingtonstreetholdings.com/divisions/rscf.html

Full details of EIS investments can be found at: http://www.hmrc.gov.uk/eis/

Due to the regulations of EIS investments there has to be a minimum investment of £500 up to a maximum of £500,000 worth of shares in any one company in any one tax year to qualify. However, from 6 April 2011 relief is at 30 per cent. of the cost of the shares to be set against the individual's Income Tax liability for the tax year in which the investment was made.

DLM will use the funds raised for organic growth and to cover acquisition costs.

NOMAD approved presentations to qualified investors as defined under the FSA regulations are being conducted during the 27-29th March 2012 at the Company's offices at Windsor House, 55/56, St James Street, London, SW1A 1LA or at investors' offices.  

-ENDS-

For further enquiries please contact:
Digital Learning Marketplace Plc                                Tel: 020 7408 4720
Andy Hasoon

Beaumont Cornish Limited (NOMAD)                        Tel: 020 7628 3396
Roland Cornish

Rivington Street Corporate Finance (Broker)             Tel: 020 7562 3357
Peter Greensmith

Leander (Financial PR)                                               Tel: 07795 168157
Christian Taylor-Wilkinson

NOTES TO EDITORS

About DLM

Digital Learning Marketplace plc is a London Stock Exchange AIM listed holding company run by a team of energetic and experienced learning professionals who share two simple but ambitious goals: to shape the future of management training and to transform the corporate learning industry.

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

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