Bloomsbury Publishing (LON:BMY)

Bloomsbury Publishing (LON:BMY)


Share Price
233.00 p
Change
0 (0.00 %)
Market Cap
£175.52 m
Proactive Investors - Run By Investors For Investors

Bloomsbury Publishing

Bloomsbury Publishing is a leading independent publishing house established in 1986. It has companies in London, New York, Sydney and Delhi. Its four divisions include:

  • Bloomsbury Academic and Professional Division
  • Bloomsbury Content Services
  • Bloomsbury Adult Publishing
  • Bloomsbury Children's Publishing

Bloomsbury Publishing is traded in the ISDX Exchange HERE

EPIC: BMY
Market: LSE:BMY
52-week High/Low: 246.000p / 182.318p
Sector: Media & Publishing
Market Cap: £175.52 m
Website: www.bloomsbury-ir.co.uk
col 3
col 4
col 5
col 6

Big Picture – A Deep Dive Examination of Bloomsbury Publishing


Bloomsbury Publishing Snapshot

Our strategy

Interview with Chief Executive Nigel Newton

Interview with Chief Executive Nigel Newton

 

The Group's Mission is to grow a high quality global publishing business delivering high value to its contributors, readers and shareholders.

We achieve this Mission through our strategy which is to:

  • Publish authors and works of excellence and originality.
  • Deliver professional services to those seeking publication.
  • Combine tradition and technology to achieve excellence.
  • Establish solid profit streams.

Bigger Bloomsbury

As Bloomsbury continues to focus on quality revenues and building upon the strong momentum achieved last year, we have a number of key growth initiatives that, together with our acquisition of IBT, the Board expects will lead to our performance for 2019/20 onwards being well ahead of our previous expectations. The main initiatives are:

  1. Growing the profits of the Adult division;
  2. Growing the profits of the Academic & Professional division;
  3. Reducing our finished goods stock further by continuing to roll out globally efficiencies already made in the UK business;
  4. Increasing the focus on Bloomsbury's nine biggest assets, starting with Harry Potter, Sarah J. Mass, Tom Kerridge and the lead title in each division from both the US and UK editorial lists to boost front list and back list performance;
  5. Maximising the success of Bloomsbury Digital Resources;
  6. Accelerating the growth of Bloomsbury's sales in the USA, Australia and India; and
  7. Developing Bloomsbury China: China Global Publishing - publishing books, in English, as a publishing partner in the West for major Chinese publishers, following signing of Memorandum of Understanding in May 2018.

The board

See Governance for membership of board subcommittees and director responsibilities.

Chairman (Independent Non-Executive)

Sir Richard Lambert

Sir Richard Lambert

Sir Richard Lambert joined the Bloomsbury Board as an Independent Non-Executive Director in July 2017. He was appointed as Chairman of the Board, Chair of the Nomination Committee and a member of the Remuneration Committee on joining. Sir Richard is Chairman of the British Museum. He is also a Member of Council for Chatham House, the Royal Institute of International Affairs. Sir Richard joined the Financial Times after reading history at Balliol College, Oxford. He was editor of the Lex column, became New York bureau chief, and thereafter deputy editor. He was Editor of the Financial Times from 1991 to 2001. He has served as a member of the Bank of England Monetary Policy Committee from 2003 to 2006, Director General of the CBI from 2006 to 2011, interim Chairman of The Banking Standards Review Council from 2013 to 2014, Chancellor of the University of Warwick from 2008 to 2016 and the senior independent member of the Foreign and Commonwealth Office's Supervisory Board from 2012 to 2017.

Executive Directors

Nigel Newton

Nigel Newton was born and raised in San Francisco. He read English at Cambridge. After working at Macmillan Publishers, he joined Sidgwick & Jackson. He left Sidgwick in 1986 to start Bloomsbury. Bloomsbury floated on The London Stock Exchange in 1994 and has grown organically and through acquisitions and partnerships. Bloomsbury publishes 2,500 books a year from its offices in the UK, US, India and Australia.

Nigel Newton serves as President of Book Aid International, member of the Man Booker Prize Advisory Committee and Trustee of the International Institute for Strategic Studies. He is Chairman Emeritus of the Charleston Trust, past Chair of World Book Day (2006), past member of the Publishers Association Council and Member of the Advisory Committee of Cambridge University Library.

J Glasspool

Jonathan Glasspool

Jonathan Glasspool was appointed to the Bloomsbury Board in July 2015. He joined Bloomsbury in 1999 and is Managing Director of Bloomsbury's Academic & Professional publishing division. Jonathan is Chair of the Industry Advisory Board at Oxford Brookes University, a Trustee of Publishing Training Centre, a member of the Commercial Board of the ICAEW, a member of the Academic & Professional Board of the Publisher's Association, Chair of Federation of British Artists and Governor of Bath Spa University. He has held roles in publishing with Reed Elsevier in the UK and Asia, the Chartered Management Institute, and Cambridge University Press. Jonathan has a first class degree in English from Trinity College, Oxford, an MA in English from Bristol University and an MBA with Distinction from Warwick Business School.

Penny Scott-Bayfield

Penny Scott-Bayfield

Penny Scott-Bayfield was appointed to the Bloomsbury Board in July 2018, when she joined Bloomsbury as Group Finance Director. Prior to this, she was Finance Director of Conde Nast Britain, and held senior finance roles at Sky Plc and lastminute.com plc. She started her career and qualified as Chartered Accountant (FCA) with Deloitte. Penny has a first class degree in Maths from University College, Durham, and has been a judge on the 'Women of the Future' programme since 2011.

Independent Non-Executive Directors

John Warren

John Warren

John Warren joined the Bloomsbury Board in July 2015 and is the Senior Independent Director, the Chair of the Audit Committee and the member with recent and relevant financial experience. He is a Chartered Accountant (FCA) and has a wealth of Non-executive and Audit Committee Chairmanship experience with companies including Rexam Plc, Spectris plc, Welsh Water, Greencore Group plc, 4imprint Group plc and Bovis Homes Group PLC. As an executive director he was Group Finance Director of WH Smith PLC and before that United Biscuits (Holdings) Plc.

Leslie-Ann Reed

Leslie-Ann Reed

Leslie-Ann Reed will be joining the Board in July 2019. She is currently an Independent Non-Executive Director and Chair of the Audit Committee of the AIM-listed company Learning Technologies Group plc, and a Non-Executive Director of the German-listed company ZEAL Networks SE where she is Vice Chair of the Supervisory Board and Chair of the Audit Committee. Until May 2018 she was a Non-Executive Director and Chair of the Audit Committee of the London listed publisher Quarto Group, Inc. Leslie-Ann is a Chartered Accountant. She graduated from Leeds Metropolitan University with a BA (Hons) in Accountancy and began her career at Arthur Anderson. She has since held senior finance roles in various media and professional services companies, namely Universal Pictures, Polygram Music, EMI Music and Warner Communication Inc, acted as an advisor to Marwyn Investment Management, and was Chief Financial Officer of the B2B media group Metal Bulletin plc and the online auctioneer Go Industry plc.

Jill Jones

Jill Jones

Jill Jones joined the Bloomsbury Board in July 2013 and is the Chair of the Remuneration Committee. She was Managing Director of McGraw-Hill Education, Europe, Middle East and Africa, until 2016 and from 2008 until 2012 she was President and CEO (EMEA) of Cengage Learning EMEA, a leading digital information and print services global provider for teaching, learning and research solutions. Before this, she held positions in Pearson Education, Thomson Learning, Longman and Prentice Hall. Jill has worked in Higher Education and Schools textbook and revision publishing, English Language Teaching and reference publishing including the development of large electronic and primary source material databases. She is a former Council Member of the Publishers Association and former Chair of the Academic Publishers group at the Publishers Association. Jill holds a BA Hons First class (Geography) from University College London, and a Post Graduate Certificate in e-business from the University of British Columbia, Canada.

Steven Hall

Steven Hall

Steven Hall joined the Bloomsbury Board in March 2017. He is managing director of IOP Publishing, a leading publisher of scientific books, journals and web sites and has worked in academic publishing for almost forty years. He has extensive experience of digital publishing and has led the development of pioneering online content databases. He is a member of the Academic, Professional and Learning Publishers Council of the UK Publishers Association and regularly represents the publishing industry to government and policy-makers in the UK and overseas. He served for six years on the board of the International Association of STM Publishers, in his final year as chair, and was one of three publisher members of the UK's 'Finch' group.

General Counsel and Company Secretary

Maya Abu-Deeb

Maya Abu-Deeb

Maya Abu-Deeb is a qualified solicitor and joined Bloomsbury in 2008. Maya is responsible for all legal advice to the company, and manages the legal and contracts teams at Bloomsbury. She is also Company Secretary and Group Data Protection Officer.

Prior to joining Bloomsbury Maya was in private practice for ten years, specialising in commercial, media and intellectual property law, and advising in respect of both contentious and non-contentious matters.

Maya read Oriental Studies at St John's College, Oxford, before completing the Common Professional Exam and Legal Practice Course at the College of Law in London.

 

J.O. Hambro Capital Management Ltd - 10.03

Liontrust Investment Partners LLP - 9.16%

FIL Investment Advisors (UK) Ltd - 8.49%

Miton Asset Management Ltd - 7.67%

Majedie Asset Management Ltd - 7.48%

Chelverton Asset Management Ltd - 4.19%

BlackRock Investment Management (UK) Ltd - 3.49%.

Legal & General Investment Management Ltd - 2.52%

Investec Asset Management Ltd - 2.40%

Standard Life Investments Ltd - 2.38%

Contact us

Enquiries about your shares

The administration of our share register is by Link Asset Services who have a helpline and website. For information and help with your shares such as to register a change of address, obtain a replacement share certificate, to trace a lost dividend cheque etc.

Please call Link Asset Services:

Telephone: 0871 664 0300
(calls cost 12p a minute plus network extras, lines are open 9.00am-5.30pm Mon-Fri)

From outside the UK: +44 (0) 37 1664 0300
Link Asset Services's website: www.signalshares.com
Link Asset Services's website allows you to register to administer your shares and dividends online, find further contact details and download useful forms.
Address: Link Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU

 

Press, media, recent events and analyst meetings

Please our see recent press releases and the Shareholder Information section of our website for information relating to forthcoming analyst presentations. Alternatively, contact our financial public relations advisor:

Financial PR advisor: FTI Consulting
Contacts: Charles Palmer
Telephone: +44 (0) 20 3727 1400

 

General investor relations and corporate head office enquiries

For all other enquiries relating to investor relations general matters and corporate head office please contact the Group Company Secretary, Michael Daykin, on +44 (0) 0207 631 5627.

 

Other enquiries

For enquiries relating to Bloomsbury's publishing divisions, to contact individual members of staff or for other enquiries please see our main website

 

 

 

 

For feedback and comments on the Corporate and Investor Relations website, please contact:

InvestorCom
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT
email : [email protected]

 

 

Advisors

The following 3rd parties are advisors to Bloomsbury and its Board.

Area Advisor
Registrars Link Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU
External Auditor KPMG
15 Canada Square,
London 
E14 5GL
Stockbrokers and Financial Advisers Investec Investment Banking
2 Gresham Street
London
EC2V 7QP
Merchant Bankers Investec Investment Banking
2 Gresham Street
London
EC2V 7QP
Financial Public Relations Advisor FTI Consulting
200 Aldersgate
Aldersgate Street
London
EC1A 4HD
Bankers Lloyds Bank
25 Gresham Street, 
London
EC2V 7HN
Remuneration Advisors New Bridge Street 
10 Devonshire Square
London
EC2M 4YP

(UK Governance Code compliance: New Bridge Street advises on remuneration matters but they do not advise on other areas).

Contact us

Enquiries about your shares

The administration of our share register is by Link Asset Services who have a helpline and website. For information and help with your shares such as to register a change of address, obtain a replacement share certificate, to trace a lost dividend cheque etc.

Please call Link Asset Services:

Telephone: 0871 664 0300
(calls cost 12p a minute plus network extras, lines are open 9.00am-5.30pm Mon-Fri)

From outside the UK: +44 (0) 37 1664 0300
Link Asset Services's website: www.signalshares.com
Link Asset Services's website allows you to register to administer your shares and dividends online, find further contact details and download useful forms.
Address: Link Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU

 

Press, media, recent events and analyst meetings

Please our see recent press releases and the Shareholder Information section of our website for information relating to forthcoming analyst presentations. Alternatively, contact our financial public relations advisor:

Financial PR advisor: FTI Consulting
Contacts: Charles Palmer
Telephone: +44 (0) 20 3727 1400

 

General investor relations and corporate head office enquiries

For all other enquiries relating to investor relations general matters and corporate head office please contact the Group Company Secretary, Michael Daykin, on +44 (0) 0207 631 5627.

 

Other enquiries

For enquiries relating to Bloomsbury's publishing divisions, to contact individual members of staff or for other enquiries please see our main website


For feedback and comments on the Corporate and Investor Relations website, please contact:

InvestorCom
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT
email : [email protected]

 

Columns Including BMY

VIEW ALL

Market Reports Including BMY

VIEW ALL
Video RSS

Videos

VIEW ALL VIDEOS

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use