Proactive Investors - Run By Investors For Investors

Milestone Group shares gain ahead of Passion Project launch

Milestone Group shares gain ahead of Passion Project launch

Milestone Group (LON:MSG) shares climbed 16% higher after the firm said its new youth employment initiative will kick off on Wednesday.

Called the ‘Passion Project’, the scheme helps disadvantaged children in communities by matching up their skills with employment opportunities.

Although the project has a charitable core, Milestone is hoping to grow the number of fee paying corporate memberships while also expanding its existing reach for digital services and mobile solutions offering in the process.

Businesses can spend a slice of their community budget to be part of the initiative, with an annual fee membership determined by number of staff, total assets and annual turnover.

Erith Demolition and The Rank Group joined last week with others are expected to be announced shortly.

Milestone’s chief executive Deborah White sees the initiative as a chance for firms to build their community engagement and training while also promoting their own venues and activities.

The firm’s main focus remains in the digital media and education space. At the same time it is developing relationships in the charitable sector, combining its vision to build shareholder value promoting its products and services designed to achieve “positive social value”

It has recently described the Passion Project as its “flagship product”.

The company is holding an official launch event at the Cass Business School on Wednesday.

Shares were trading at 0.9p.

View full MSG profile View Profile

Milestone Group PLC Timeline

February 27 2017
December 07 2016
December 19 2014

Related Articles

Investment papers and laptop
May 07 2019
The investment firm focuses on providing consultancy services to universities and other research organisations to help them commercialise any intellectual property arising from their research
Drilling rig
January 10 2019
Since its first half results in August, the drilling services firm has secured two key contract extensions as well as a new delineation drilling contract in Côte d'Ivoire
May 31 2019
"Stobart Group has a clear focus on developing infrastructure assets in the aviation and energy sectors," chief executive Warwick Brady said.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use