Last checked at 19 Jul 2007 08:26
Date: 19 July 2007On behalf of: TMN Group plc ("TMN" or "the Company")For immediate release TMN Group plcDirector shareholding
The Board of TMN Group plc (AIM: TMN), the UK's premier online direct marketing group, announces that it was notified on 18 July 2007 that on Tuesday, 17 July 2007, Mark Smith, CEO, exercised 310,000 options, which he sold at a price of 80 pence per share.
Following the sale Mark Smith continues to hold 1.49 million options and does not intend to sell further shares for a minimum of two years from 17 July 2007.
Enquiries to: TMN Craig Dixon, CFO 020 7440 9310 Redleaf Communications Samantha Robbins / Anna Dunkin 020 7822 0200 Notes to Editors:
TMN Group plc ("TMN") was established in 1999.
The Company comprises of three core divisions:
TMN Media: email marketing specialist, with over 10 million highly profiled, permission-based email addresses across numerous lists, manages the most comprehensive portfolio of email databases in the UK. Also operator of the largest online reward scheme in the UK. Clients include Sky, T-Mobile, British Gas, EMAP, Volvo and Boots.
EDR: online interactive advertising agency, plans campaigns across dozens of third party lists, including those operated by TMN Media, and is the largest buyer of email advertising in the UK. Clients span a number of sectors, including finance, motoring, publishing and shopping.
The iD Factor: specialists in online market research, with 250,000 panel members in the UK and over 4 million members across 41 territories, managed via a network of local partnerships, allowing targeted domestic and international research. Clients include numerous MR Agencies, producing work for Microsoft, Lloyds TSB, NSPCC, Persil, Carlsberg and PC World.
TMN is committed to the development of new initiatives to drive the growth of its business.
TMN Enterprise has been created to manage all new developments for the Group including the launches of Plum-Offers, a lead generation and competition portal, and Pure Lead, a service to companies building databases to generate leads online.
ICD Research has been established as an autonomous division providing clients with insight and analysis of market research data.
Operating in rapidly growing market
Over ‚£2billion spent on internet advertising in 2006 , a 41.2% increase on a like-for-like basis compared with 2005 (Source: IAB)
Online advertising now represents over 12% of the total advertising market - and is the fastest-growing segment of the market (Source: IAB)
Online Retail spend predicted to reach ‚£40 billion by 2010 (Source: Forrester Research)
Focus on dominating UK market in key areas of online advertising and market research
Members of the Direct Marketing Association (DMA) and Internet Advertising Bureau (IAB)
TMN GROUP PLC