Digital Heavyweight Mark Dalgleish Joins Asia Pacific Digital Board
Announcement posted by APD 18 Mar 2015
- Dalgleish brings significant digital media and marketing skill to APD
- APD completes Share Placement, Dalgleish takes stake
- Dalgleish’s non-executive directorship commences July
Dalgleish has made a significant investment in APD through his participation in this month’s capital raising, announced to the Australian Stock Exchange (ASX: DIG) on 16 March.
Digital Marketing Agency Expertise On-board
Mark Dalgleish has had a distinguished career in digital media and marketing in Australia and the UK, including building and selling two leading digital marketing businesses to publicly listed companies – Creation, which he started in the UK in 1990 and sold to Interpublic Group in 2000, and C4 Communication which was acquired by Photon Group (now Enero Group) in 2007.
Since selling C4, Dalgleish has invested in or managed several digital businesses including events and ticketing company Eventfinda, and The Music Network, which provides news, charts and data to the Australian music business.
APD chairman Roger Sharp said Dalgleish brings valuable international digital media and marketing experience to round out the board’s client-side experience. “Mark is one of the most successful digital media and marketing entrepreneurs in Australia and we are looking forward to working with him as we grow APD in the region.”
Dalgleish added: “APD is absolutely in the right place at the right time to capitalise on the exponential growth we’re seeing in ecommerce and online marketing across Asia. I’m very excited to be coming along for the ride.”
$3.8m Capital Raising to Fund Future Growth
This week APD completed a $2 million placement to professional investors at 42.5 cents and announced an underwritten rights issue to raise an additional $1.8m. The proceeds will go towards the acquisition of @ccomplice in Singapore, as well as other expansion opportunities in Asia.
Sharp said: “We are quickly building our capabilities in Asia and now have more than half of our employees located in Shanghai, Hong Kong, Manila, Kuala Lumpur and Singapore. We now generate 30% of our revenues from outside Australia, and in the first half of this financial year our Asian revenues grew by more than 60% over the prior period. The recent @ccomplice acquisition in Singapore is a significant contributor to our objective of building a strong pan-Asian digital services presence.”
The ASX announcement can be found at:
http://search.asx.com.au/s/search.html?query=Dig&collection=asx-meta&profile=web
Contact:
Peter Hynd, Chief Operating Officer (Sydney)
p: +612 8235 3881
e: phynd@asiapacificdigital.com
Samantha Tannous, public relations (Sydney)
m: 0416 104 033 | +61 416 104 033
samantha@relativitycommunications.com
ABOUT ASIA PACIFIC DIGITAL
Asia Pacific Digital (http://www.asiapacificdigital.com) is the largest independent digital services firm in the region.
APD’s integrated digital value chain provides strategy, technology, performance marketing and CRM to more than 2,000 clients. The company’s mantra is “Delivering Digital Growth”.
APD employs a team of 360+ digital professionals in Sydney, Melbourne, Auckland, Shanghai, Hong Kong, Manila (its technology hub), Kuala Lumpur and Singapore. Clients include respected brands such as Ford Motor Company (APD manages Ford’s digital platform in more than 100 countries), Lenovo, Village Roadshow, eBay, Fonterra, Maxis, Qantas and GlaxoSmithKline.
APD differentiates itself by its preparedness to enter risk and reward-sharing relationships with established clients. Its Ventures division currently operates three eCommerce businesses across APAC, providing outsourced technology and marketing services in return for a share of revenues and equity, rather than the traditional fee-for-service model.
Asia Pacific Digital is listed on the Australian Stock Exchange (ASX: DIG).