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Onward Opportunities Ltd - UK smaller companies-focused investment firm - and Mission Group PLC - Devon, England-based owner of digital marketing and communications agencies - Onward acquires 6.3% of stake in Mission through purchase of 5.8 million shares worth total £1.2 million. Acquisition funded through existing company cash. In year ended December 31 Mission reported revenue of £86.3 million and adjusted pretax profit of £4.2 million. Mission net assets at December 31 were £76.4 million. Onward current share price: 123.50 pence, closed up 1.2% in London on Friday 12-month change: up 17% Mission current share price: 25.75 pence, closed down 1.0% in London on Friday 12-month change: down 44% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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