Chime shareholders vote in favour of disposal of the Bell
Pottinger public relations businesses
Chime Communications PLC, today announces that at an
Extraordinary General Meeting shareholders voted in
support of the disposal of the Bell Pottinger businesses
contained within its Public Relations Division.
The transaction is expected to complete on 30th June
2012, at which time Chime's public relations division
will form The Good Relations Group, comprising, Corporate
Citizenship, Good Relations, Harvard, InEvidence and
Insight and it will also have a significant presence in
Germany through MMK, Traffic and Harvard. This excludes
companies providing public relations advice in other
divisions of Chime, namely Stuart Higgins Communications
in sport, Teamspirit in financial services and Reynolds
Mackenzie in healthcare. The Good Relations Group will be
led by Kevin Murray (former Chairman of the Bell
Pottinger Group).
Christopher Satterthwaite, Chief Executive Officer of
Chime Communications PLC, said:
"The Good Relations Group is a substantial group of
businesses with great people, serving great clients. This
provides us with a strong platform to deliver growth in
the future. The Group will play an integral role within
Chime and will focus on advising clients on how to create
and develop 'trusted brands."
Kevin Murray has assembled a core management team made up
of executives from across Chime together with the
managing directors of the Group companies. Commenting on
the Group Murray, said:
"A trusted reputation is an intangible asset of immense
financial worth, which is why our role is to provide the
thinking and doing for our clients so that they can
engage and win the advocacy of their own customers by
doing what is right. The Good Relations Group will blend
the diverse skills and expertise of a number of agencies
to deliver campaigns for brands and organisations that
seek to engender trust with all their audiences."
Over the course of the next few months, The Good
Relations Group will develop its proposition, placing an
emphasis on helping clients build brands and reputations
that are trusted and admired. Its organic growth will be
strengthened by investment in key teams and an expanded
range of services.
- ends -
Enquiries
Christopher Satterthwaite, Chief Executive
Chime Communications 020 7861
8515
Victoria Geoghegan
Pelham Bell Pottinger 020
7861 3232
Notes to Editors
Chime is an international communications and sports
marketing group. Following this disposal the Group will
consist of four divisions: Sports Marketing (CSM Sports
and Entertainment); Advertising (VCCP and Teamspirit);
Public Relations (The Good Relations Group and Open
Health) and Research (CIE Insight and Engagement).
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