Promoters Parallel Media Group announce exceptional line-up for the Ballantines Championship 

Promoters Parallel Media Group announce exceptional line-up for the Ballantines Championship
 PMG names exceptional line-up for Ballantine’s Championship   PMG, the AIM quoted sports marketing and media group, is pleased to announce that Major Champions Darren Clarke and YE Yang will assist in launching the fifth anniversary of the Ballantine’s Championship. They will headline an impressive line-up of star names at Blackstone Golf Club, in the Korean capital, Seoul, from 26th to 29th April 2012.   Open Champion Clarke and 2009 US PGA Champion Yang will be joined by world number eight Adam Scott of Australia, who makes his debut in the event, and world number ten Dustin Johnson, the American Ryder Cup player who finished fourth last year.   Also adding to the vintage will be Spaniard Miguel Angel Jiménez, last year’s runner-up, and his Ryder Cup teammate, Ian Poulter, who have amassed an impressive 29 European Tour titles between them.   The world class field, headlined by the six star names unveiled

PMG Announces New Share Issue  

PMG, the AIM-quoted sports media and digital agency, announces that it has issued a total of 1,462,595 shares as detailed below in settlement of fees and commissions, bonuses to certain directors of the Company and following the exercise of share options (the "New Ordinary Shares"). The average price at which the New Ordinary Shares (other than the option shares) are being issued is 34.6p, representing a premium of 116% to the closing midmarket price of 16p at the close of business on 2 February 2012. The New Ordinary Shares represent 6.8% of the enlarged issued share capital.   Shares Issued in settlement of fees and commissions for fundraising, financial advisory and other services and expenses: 845, 928 at 34.5p (average) Shares issued to Urban Strategic Pte Ltd* on exercise of option 416,667 at 24p   Shares issued to Directors in settlement of bonus awards:  David Ciclitira 100,000 shares at 35p Leonard Fine 100,000 shares at 35p Total shares

PSM enters joint venture with Froggies Media SARL 

PMG, the AIM quoted sports marketing and media group, is pleased to announce that Parallel Smart Media (PSM), which is 50% owned by PMG, has signed binding heads of agreement to enter into a 50/50 joint venture with Froggies Media SARL, a branding and production company based in Paris, led by Tim Newman. The new company, Froggies Smart Media, will be able to take advantage of Froggies Media's established connections within the French and European markets. Froggies Smart Media will utilise PSM’s smart media platforms (www.parallelmediagroup.com/parallel-smart-media/), which provide a step-change in the way that sports, entertainment and lifestyle media can be delivered. Initially it will target existing clients – which include renowned brands such as Dom Perignon and Louis Vuitton in France. Tim Newman was the CEO of NBDC, which produced TV programmes such as Rapido (BBC) and Passengers (Channel 4). After the success of Rapido, he created Rapido TV with the

The 7th Edition of the Kazakhstan Open Takes Place 

The 7th Edition of the Kazakhstan Open Takes Place
Parallel Media Group is pleased to report another hugely successful staging of the €400,000 Kazakhstan Open, which for the seventh successive season boasted the largest prize fund for a regular Challenge Tour event. Parallel Media Group is proud to be associated with the event which it manages on behalf of the National Federation of Golf in Kazakhstan.   The tournament enjoyed a nail biting finish when 20 year old Englishman Tommy Fleetwood secured a two-shot win over Norwegian sponsor’s invitation Knut Borsheim.   Fleetwood, who has been tipped for stardom since making his professional debut at the 2010 Kazakhstan Open on the back of an illustrious amateur career, started the final day with a two-stroke lead over Simon Thornton, but as the Irishman’s challenge faded it was Borsheim who posed the biggest threat to his title aspirations.   Fleetwood rounded off the best week of his fledgling career in some style, rolling in a birdie putt from 30

PSM launches its smart media application for Indonesian Eye 

PSM launches its smart media application for Indonesian Eye
Indonesian Eye: Fantasies & Realities, presented by Prudential, will exhibit works by a select group of Indonesia’s most notable emerging and established contemporary artists. The exhibition opens at the Ciputra Artpreneur Center in Jakarta on 9 June, and will run for five weeks. It will then travel to London’s Saatchi Gallery, becoming the UK’s first major exhibition of Indonesiann contemporary art. Indonesian Eye, founded by David and Serenella Ciclitira, the same team behind the successful, on-going Korean Eye exhibitions. Parallel Media Group are delighted to provide event management and services to Indonesian Eye and Parallel Media Group's Smart media division, PSM are proud to have created the online exhbibition smart media service application avaiable across all smart media platforms.  Comprising some 41 works by 18 artists, Indonesian Eye: Fantasies & Realities will present a combination of paintings, sculpture and installations. Heri