Proof is an independent science, engineering and technology PR Agency with an office in Central London offering specialist communication services to Clients including national laboratories, international science facilities, global technology businesses, multinational engineering companies and universities.
The Acquisition is not a substantial acquisition as defined by the AIM Rules for Companies. The consideration for the Acquisition comprises an upfront element payable on completion, with a further deferred contingent payment in 2016 subject to the performance of the business. The vendor management team can elect to receive a proportion of consideration due in new or existing ordinary shares of The Mission Marketing Group.
Executive Chairman of The Mission Marketing Group plc, David Morgan, said: “We are delighted to welcome another high quality business into the mission family. Proof is an excellent complement to our existing technology offering and we look forward to developing our capabilities further. “