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IVE GROUP LIMITED — Capital/Financing Update 2020
Nov 2, 2020
65109_rns_2020-11-02_e154b401-b80f-4f81-aa11-eff184488a80.pdf
Capital/Financing Update
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ASX RELEASE – IVE GROUP LIMITED (ASX:IGL)
3 November, 2020
Finalisation of Australian Community Media (ACM) long term contract and acquisition of printing assets
Further to IVE Group Limited’s (IVE) announcement on 26 October 2020, IVE announces that it has finalised the long term, 5 year contract with ACM that is expected to generate circa $100m revenue over the life of the contract.
Additionally, IVE has completed the acquisition of selected assets of ACM’s web offset printing operation in Mandurah, Western Australia.
This announcement has been approved by the Executive Chairman
Matt Aitken Chief Executive Officer
Contact:
Richard Nelson Investor Relations 0455 088 099 [email protected]
Founded in 1921 and listed on the Australian Securities Exchange in December 2015 (ASX:IGL) IVE Group is Australia’s leading holistic marketing company. With an unmatched breadth and depth of offering, IVE Group guides clients from idea to execution.
IVE Group helps brands navigate the complex marketing maze, and connects clients with customers wherever, whenever. Specialising in creative, data-driven communications, integrated marketing, production and distribution, IVE Group brings together the capabilities, specialists and technology needed to make customer connection seamless.
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