Marketing Agreement
08 Juli 2003 - 11:40AM
UK Regulatory
RNS Number:2786N
Prestbury Holdings PLC
08 July 2003
Prestbury Holdings PLC ("Prestbury" or "Company")
Prestbury Holdings plc announces a marketing agreement with the Express Group
Prestbury Holdings PLC is pleased to announce that yesterday it signed an
exclusive one-year marketing agreement with the Express Group ("Express"). The
Express will be producing the "Daily Express Guide to Life Assurance" "in
association with Moneybrain, a division of Prestbury Holdings PLC" for the
readers of their publications. The deal encompasses the following publications,
Daily Express, Sunday Express, Daily Star, Sunday Star, OK Magazine and New
Magazine.
Commenting on the deal, Lee Birkett, Chief Executive of Prestbury, said:
"This agreement is another milestone for the Company and further emphasises our
commitment to establishing Prestbury as the preferred provider of assurance
products to blue chip organisations. This agreement expands the potential
customer base to the products offered by Prestbury and compliments the recently
announced Telegraph Group deal."
8 July 2003
Enquiries:
Lee Birkett, Chief Executive
Prestbury Holdings PLC tel: 01625 591401
Simon Robinson
Park Green tel: 07887 985671
Note to Editors
Prestbury (www.prestbury.com)
Prestbury floated on AIM in October 2002 following a successful issue of
ordinary shares raising #1.0 million of new money for the Company. The Company
was established in 1994 offering a range of complementary financial products
specialising in Life Assurance and Income Protection Products, Non-Status
Specialist Mortgages, Secured Loans and Mainstream Conventional Mortgages. The
Company provides a complete service to its customers originating, packaging and
completing the provision of the financial products in which it specialises
In March 2003 Prestbury successfully raised #500,000 before expenses by way of a
placing of 625,000 new ordinary shares of 5p each at 80p per share with Brit
Insurance Holdings PLC.
Prestbury's services are provided through a combination of telephone and
Internet technologies to both financial intermediaries and direct to consumers.
Prestbury utilises proven information technology at all levels of its business
and has developed three websites, which are branded with the names of its three
trading divisions, each targeted at its different sources of business as
follows:
* Solution Network - deals primarily with financial Intermediaries
(www.solutionnetwork.co.uk)
* Moneybrain - is targeted at more sophisticated individual consumers
(www.moneybrain.com)
* LoansUK - is targeted at less sophisticated individual consumers
(www.loansuk.co.uk)
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
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