MKM Mkm Group

RNS Number:9906C
MKM Group PLC
30 August 2007


30 August 2007

MKM.L

                                 MKM GROUP PLC
                            ("MKM" or the "Company")

                    Admission of Equity & Board Appointments


Following the successful completion of the acquisition of the Leapfrog Group by
the Company (subject only to Admission), MKM, which designs, develops and
delivers sales promotion programmes, announces the admission, in aggregate, of
70,411,212 ordinary shares of 0.5p each ("Ordinary Shares") (being the
re-admission of 43,744,545 existing Ordinary Shares, the admission of 20,000,000
new Ordinary Shares issued to the Vendors, in aggregate, pursuant to the
provisions of the Acquisition Agreement and the admission of 6,666,667 new
Ordinary Shares issued pursuant to the Placing to raise #0.5 million, before
expenses) to trading on AIM today.


Following the EGM and Admission, Brian Smillie and Richard Tenser, the Vendors
and co-founders of the Leapfrog Group, have been appointed to MKM's Board as
International Managing Director and International Development Director
respectively.


Commenting on the acquisition, Andrew Johnson, Executive Chairman of MKM, said


"We are delighted to have completed our acquisition of the Leapfrog Group.  We
believe that this is a highly complementary business to our own and the combined
business represents a major advancement in our plans to develop the Company.


The Leapfrog Group adds critical mass to our sales promotion activities, more
than doubling the existing business.  It also opens the way for significant
international expansion.


We look forward to working together with our new Directors to achieve our growth
plans."


All terms used in this announcement are defined as set out in the admission
document issued by the Company dated 3 August 2007.


For further information, please contact:


MKM Group plc                                          Tel:  0161 877 1112
Andrew Johnson, Executive Chairman
Matthew Toynton, Finance Director

Leisure World Pty Limited                              Tel: +61 2 9936 5030
Brian Smillie, Executive Chairman
Richard Tenser, Chief Executive Officer

WH Ireland Limited                                     Tel:  0161 832 2174
David Youngman

Biddicks                                               Tel:  020 7448 1000
Katie Tzouliadis/Sophie Lane


The following information on Brian Smillie and Richard Tenser is provided in
accordance with Schedule Two (g) of the AIM Rules.


                  Age    Current directorships                            Past directorships (last five
                                                                          years)

Brian Mitchell      53   Crispin Financial Services Limited               Motorclaims UK Limited (dissolved)
Smillie
                         Express Touring Pty Ltd                          Eperon (UK) Limited (dissolved)

                         Leapfrog Interactive Pty Ltd                     Lofthus (Edinburgh) Limited
                                                                          (dissolved)
                         Leapfrog Travel & Lifestyle Solutions Pty Ltd

                         Online Incentives & Rewards Pty Ltd

                         Smoocha Pty Ltd

                         The Phoenix Partnership

                         International plc

                         Triple A Points Pty Ltd


Richard Naish       51   Leapfrog Travel & Lifestyle Solutions Pty Ltd    Eperon (UK) Limited (dissolved)
Tenser
                         On Call Marketing Pty Ltd

                         Smoocha Pty Ltd

                         Triple A Points Pty Ltd


Motorclaims UK Limited, a company of which Brian Smillie was a director, was
placed into administrative receivership on 24 June 1999 pursuant to a debenture
dated 7 February 1996 between Motorclaims UK Limited and Eperon (UK) Limited,
formerly European Car Rental plc.  Bryan Alan Jackson of PKF, Glasgow was
appointed as the administrative receiver. The total estimated deficiency to
ordinary creditors was stated to be #501,490.  The administrative receiver
ceased to act on 24 June 2005.  No final statement of affairs has been filed
with the Registrar of Companies.


Eperon (UK) Limited, formerly European Car Rental plc, a company of which Brian
Smillie and Richard Tenser were directors, was voluntarily wound up on 23 August
1999 and Bryan Alan Jackson of PKF, Glasgow was appointed liquidator. The final
report of the liquidator states that no assets were recovered.  The major asset
was the debenture in favour of Motorclaims UK Limited to secure a debt in the
amount of #400,000 which could not be enforced because Motorclaims UK Limited
had been placed into administrative receivership.  No dividend was paid to
creditors. The estimated deficiency to creditors was #245,278.


Lofthus (Edinburgh) Limited, a company of which Brian Smillie was a director,
was subject to a winding up order pursuant to section 130 of the Insolvency Act
1986 on 1 October 1999.  Alan O'Boyle of HLB Kidsons Chartered Accountants,
Glasgow was appointed as the interim liquidator.  Assets were realised to the
value of #108,675 at a cost of realisation in the amount of #53,002,
preferential creditors were paid in full in the total amount of #55,075, leaving
an unapplied balance of #598.  No information is filed at Companies House as
regards creditors other than preferential creditors.   The final meeting of
creditors was held on 21 June 2002 and Lofthus (Edinburgh) Limited was dissolved
on 8 November 2002.


There is no further information to be disclosed under Schedule Two (g) of the
AIM Rules.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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