New Practice Group from Vintage Guides Clients with Shareholder Communications Solutions
"Corporate Services" brings intelligent value to investor relations at Emerging Growth and Small-cap companies
NEW YORK, June 27, 2014 /PRNewswire/ -- Vintage, a division of PR Newswire, today announced the expansion of their Vintage offerings to include Corporate Services, a practice area providing customized investor relations solutions for small-cap and emerging growth companies (EGC). The establishment of this new practice group within Vintage follows the company's recent rebranding announcement.
The inclusion of investor relations services along with Vintage's regulatory compliance services – IPO registration, XBRL, EDGAR and financial print – creates the industry's first turnkey, intelligent value for public companies: beginning with their experience as a pre-IPO organization well into their maturity as a public equity.
According to a recent industry report from Rivel Research, small-cap companies spend 42% of their total investor relations budget with outside service providers, compared to the 18% allocation that large companies spend. For many smaller companies, the investor relations function is still viewed as a cost center and within these companies, whose average annual spend on external IR services is $130,000, budgets cuts are a constant concern. These financial pressures mandate that companies spend as intelligently as possible.
Vintage's investor relations solutions cover multiple aspects of transparent shareholder communications, and are built to fit EGC, small- and mid-cap company requirements:
- Investor relations websites
- Earnings webcasting and conference calls
- Media and news disclosure
- Analyst-targeted distribution
- Virtual Data Rooms
- Rich media content creation
- Annual report production and online distribution
"Emerging growth and small-cap companies have two related challenges – they are overlooked by Wall Street and underserved by the shareholder communications firms that support the industry," said Liam Power, President of Vintage. "We're helping our current Vintage regulatory compliance clients by bundling and integrating investor relations solutions into our Corporate Services practice, giving clients a toolset that can increase the presence of their financial brand while eliminating redundant, wasteful workflow tasks."
One key example of the importance of shareholder communications, as reported in the 2014 "How Investors Consume Investor Relations Content," study is that 70% of investors reported they will not take a position in a stock if the company does not have an investor relations website. "It is our goal to remove the barriers to capital for all our clients. For smaller companies, this includes offering a fee structure that is balanced with their needs for shareholder communications," continued Power. "That is how we define intelligent value."
Vintage has released three new regulatory compliance and shareholder communications packages expressly for EGC and small-cap companies. For detailed information, please visit http://www.thevintagegroup.com/contact-us/ or email [email protected].
About Vintage
Vintage, a PR Newswire division, is a top-three provider of full-service regulatory compliance and shareholder communications services, delivered across our three practice areas: Capital Markets, Corporate Services and Institutional & Fund Services.
Founded in 2002 and acquired by PR Newswire in 2007, Vintage has evolved to become the industry's intelligent value choice. We deliver a flexible balance of people, facilities and technology to ensure that regulatory compliance and shareholder communications processes are efficient, transparent and painless. Services include IPO registrations, transactions, virtual data rooms, EDGAR & XBRL filing, typesetting, financial printing and investor relations websites. www.thevintagegroup.com
About PR Newswire
PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content -- from rich media to online video to multimedia -- and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company. www.prnewswire.com
Media Contact:
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage
+1 201.947.7157
[email protected]
Photo - http://photos.prnewswire.com/prnh/20140626/122261
SOURCE PR Newswire Association LLC
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