TIDMMKM 
 
RNS Number : 3787Y 
MKM Group PLC 
02 September 2009 
 

 
 
MKM GROUP PLC 
 
 
Sale of majority shareholding in Promodus Limited 
 
 
MKM Group plc ("MKM" or the "Company") today announces the sale of 90% of the 
issued share capital of Promodus Limited ("Promodus"), its London-based 
marketing and communications subsidiary, to Stripe Marketing Limited ("Stripe 
Marketing").  The Company will retain a minority interest of 10% in Promodus 
following the sale. 
 
 
MKM will receive a consideration of 24,743 ordinary GBP1 shares in Stripe 
Marketing, representing 8% of the issued share capital of Stripe Marketing, and 
the provision of design and office services to MKM for a limited period to a 
value of GBP32,620. Stripe Marketing is a recently established private company 
which has not yet filed any audited accounts.  According to the terms of the 
sale and purchase agreement, the sale will be completed two business days after 
the transfer to Stripe Marketing of 47.5% of the issued share capital of another 
company which is expected to be completed within the next two weeks. 
 
 
The last audited accounts of Promodus for the year ended 31 December 2007 
recorded a profit before tax of GBP125,902. However, the Promodus unaudited 
management accounts recorded a loss before tax in the fifteen months ended 31 
March 2009 of GBP122,262. The unaudited net asset value of Promodus on 31 March 
2009 was GBP5,074. 
 
 
MKM intends to retain its shareholdings in Promodus and Stripe Marketing as 
medium-term investments.The Company believes that this new structure will 
facilitate the further development of the Promodus business and will deliver a 
higher return to the Company than the existing ownership structure. It will also 
allow the management of MKM to focus more closely on its remaining UK business 
trading as The Leapfrog Group and Airport Angel. 
 
 
 
 
 
 
For further information, please contact: 
 
 
+----------------------------------------------+-------------------------+ 
| MKM Group Plc                                | T: 0161 877 1112        | 
| Brian Smillie, Chief Executive               |                         | 
| Matthew Toynton, Finance Director            |                         | 
|                                              |                         | 
+----------------------------------------------+-------------------------+ 
| WH Ireland Limited                           | T: 0161 832 2174        | 
| Robin Gwyn                                   |                         | 
|                                              |                         | 
+----------------------------------------------+-------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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