Launch of SEC Newgate S.p.A.
Date: 4 September 2019
On behalf of: SEC Newgate S.p.A. ("the Group")
Embargoed until: 0700hrs
Launch of SEC Newgate S.p.A.
Shares in SEC Newgate S.p.A. (AIM: SECG), a newly created strategic global communications firm began trading today on the London Stock Exchange's Alternative Investment Market (AIM).
The result of the merger of leading European communications firm SEC with Porta, the parent company of the award-winning Newgate Communications, SEC Newgate will offer clients a full suite of research-backed strategic communications and advocacy services across its extensive network.
SEC Newgate is being positioned as specialists in transformational communications offering global excellence through local experts.
The new SEC Newgate team comprises circa 600 people working out of 30 offices, in 14 countries, across 4 continents. Its comprehensive range of integrated services include public affairs and advocacy, financial and corporate communications, digital insights, research, crisis management and consumer PR.
With immediate effect, cross-border client projects will now be managed under the SEC Newgate brand whilst domestic projects will continue to be delivered under the local agency brand.
The change of company name to SEC Newgate S.p.A is expected to take effect from 5 September 2019.
Commenting Fiorenzo Tagliabue, Group Chief Executive, said:
"Today marks a key milestone in the Group's history. SEC Newgate is now among the world's top 30 communications groups, offering global excellence and local expertise with the scale to deliver seamless services across our extensive, owned footprint.
"We look forward to the hard work ahead that will be matched by our ambitions to seize the significant opportunity we believe exists for our team, clients and shareholders. Our focus will be on promoting our distinctive business model and positioning ourselves as the industry's preferred partner committed to building brands and protecting reputations, managing the complexity of stakeholder relations, and boosting our clients' businesses."
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Fiorenzo Tagliabue t: +39 02 6249991
SEC Newgate S.p.A.
Tom Price/Steve Douglas/Benjamin Cryer t: +44 (0)20 7614 5900
Arden (Financial Adviser, Nominated Adviser & Broker)
Bob Huxford/Adam Lloyd t: +44 (0)20 7680 6550
Notes to Editors
· Further information is available at www.secnewgate.com
· On 3 September 2019, SEC S.p.A. and Porta Communications Plc merged to create SEC Newgate S.p.A.
· The Group's principal brands are: ACH (Spain); Cambre Associates (Belgium); Clai (France); Kohl PR (Germany); Martis Consulting (Poland); SEC Latam (Colombia); Newgate Communications (Abu Dhabi, Australia, Greater China, Singapore, UK); Newington (UK); Publicasity (UK); SEC S.p.A. (Italy); and 2112 (UK).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: SEC Newgate S.p.A
Market Cap: £9.94 m
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