Kreab advises Sierra Rutile on £215m takeover

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Christina Clark

Swedish communications consultancy Kreab has advised Sierra Rutile Limited on its recommended takeover by Iluka Resources.

Kreab has advised on the takeover offer of 36p per Sierra Rutile share received from Iluka Resources Limited, which was announced on 1 August 2016. The offer valued Sierra Rutile at £215m.

Sierra Rutile is an AIM-listed multi-mine mineral sands company, with an established operating history in Sierra Leone spanning approximately 50 years.

Iluka is listed on the ASX (Australian Securities Exchange) with a market capitalisation of A$2.893bn (£1.831bn), as of 7 December 2016.

The takeover was implemented by way of statutory merger between Sierra Rutile and a subsidiary of Iluka under the BVI Business Companies Act.

Sierra Rutile has been a client of Kreab since early 2012 and the brief is led by Kreab director Christina Clark.

Most read people news on Gorkana News

Your bitesize update on the latest People News and Moves featured on Gorkana News:


Camarco 2Financial and corporate communications consultancy Capital Market Communications Limited (Camarco) has appointed senior consultant, Nick Hennis.

Hennis joins from Tulchan Communications LLP, where he spent more than three years working across the natural resources, financial services and support services sectors.


Beckii Cruel 2Social influencer marketing platform Social Circle has brought in Rebecca Flint, AKA fashion and beauty influencer Beckii Cruel, as its new creator liaison.

Flint has been vlogging under the alias Beckii Cruel since 2007 and has extensive experience of working with brands in her social influencer capacity, focusing on Japanese fashion and culture.


KISS 2KISS Communications has appointed Ware Anthony Rust’s Kate Matthews to the newly-created position of head of PR.

Matthews was previously head of PR at Cambridge-based marketing agency Ware Anthony Rust. Before that, she did stints as a board director at Thirteen Communications and associate director at the Red Consultancy.


PC Agency 2Andrew Dunn, the founder and lifetime president of luxury tour operator Scott Dunn, has joined The PC Agency as non-executive chairman. He has also taken a stake in the company for an undisclosed sum.

The PC Agency was founded by Sir Richard Branson’s former comms director, Paul Charles, earlier this year, and focuses on promoting travel brands around the world.


 

Former BBC Sport journalist joins Rule 5

PR and comms agency Rule 5 has brought in former BBC Sport journalist Jimmy Smallwood as senior account manager.

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Jimmy Smallwood

Smallwood re-located from London to Salford to join the BBC Sport web and digital team in 2011 and worked on London 2012, Sochi 2014, Wimbledon 2014 and the 2014 Commonwealth Games in Glasgow.

For the last two years he has been comms officer at the English Federation of Disability Sport (EFDS), advocating greater participation among disabled people and working on the Sainsbury’s Active Kids for All scheme.

In his new role at Rule 5, Smallwood will work on a combination of media and sports-related accounts including media services business dock10.

Rule 5 founding director Julie Wilson said: “We are thrilled to have Jimmy on the team. He has a rare combination of extensive experience in journalism and broadcasting with a solid background in communications.

“He will help us strengthen and grow our offer in 2017 and beyond. The agency has grown revenues by over 30% in 2016 and we will be making additional hires early in the new year.”

This week’s top trending features on Gorkana News

Your bitesize update on the best PR opinion, interviews, events and insights on Gorkana News this week:


Today Programme 2Event: Media briefing with BBC Radio 4 Today Programme
At Gorkana’s final media briefing event of 2016, the BBC Radio 4 Today Programme’s business presenter Dominic O’Connell and business editor Simon Hamer spoke about their ideal guests and the type of business news that gets covered on the show, and offered tips for giving a successful radio interview.


Giving Tueday blog logoInsight: #GivingTuesday: why so many brands got involved and its PR value
Giving Tuesday, a concept created as a direct response to the consumerism generated by Black Friday, drew in many corporate brands this year. So what do these brands hope to gain, or give, from taking part in such occasions? Comms experts from Forster Communications and Rostrum as well as Nicholas Ferguson, non-executive director at Savills, discuss.


London 16662PR Case Study: London’s Burning
When creative production company Artichoke wanted to raise the profile of the London’s Burning festival, as part of the commemoration of the 350th anniversary of the Great Fire of London, Flint was brought in to manage a wave of activity across London, including an interactive ‘fire garden’ and a 5.5km ‘Domino run’ run through the City, which culminated with a 120-metre long wooden sculpture of 17th century London set alight on The Thames.


Annunciata BCInterview: Gorkana meets…Country Life 
Annunciata Walton, news and property editor of Country Life, on how the title has changed leading up to its 120th anniversary next year, her ideal story and receiving emails about rap records.

 


Jennifer Ferguson 2Interview: 60 Seconds with Jennifer Ferguson, Getty Images
Jennifer Ferguson, who was recently appointed SVP of global communications at photo agency and supplier Getty Images, talks to Gorkana about her move from fine arts business and auction house Christie’s and her plans and ambitions for the new role.

 


 

Opinion: ‘Why measurable content-led comms is gaining our agency recognition’

Remarkable Content was one of three PR-focused agencies to be nominated for this year’s International Content Marketing Awards and the only one – with a sliver in the Best Internal category – to win an award. Marketing Manager Catherine Reid tells us why Remarkable’s efforts to integrate comms and content are proving attractive to clients – and judges.

Catherine Reid BC

Catherine Reid

Remarkable Content won Silver at the International Content Marketing Awards at the end of last month for our work with Associated British Ports and its #BeyondZero campaign.

Hosted by the UK’s Content Marketing Association (CMA) the awards are the most competitive content marketing awards in the world, with some 450 entries, from 104 different agencies, across 21 countries this year.

For Remarkable, its win is the latest step in a journey that we began in 2014 when the decision was taken to truly integrate our PR, creative and digital teams and create a division focused on delivering powerful, effective content marketing and PR in response to the market’s demand for a smarter and more measurable type of content-led communications.

So, in July of that year, Remarkable Group brought together our range of different communications specialists to launch a content marketing and PR agency Remarkable Content.

Public relations, our storytelling core, remains a core skill set in the team but we all focus on the creative solutions that drive media coverage, prompt direct public engagement and protect reputation.

We have to as, simply put, the number of clients that will accept the vanity metric of media coverage as proof of value is shrinking rapidly – in fact, they have all but disappeared. Smart and progressive clients want integrated, cross channel campaigns built around long-lived creative ideas that can tell a story over time.

They also require a clear and measurable link from this activity back to improved business results.

So it was timely, that in November, the CMA also launched the fourth in its series of industry reports – Measuring Effectiveness – which is collection of articles from leaders in the field of content marketing – which makes a similar point. It contains some truly valuable insights for all those focused on ensuring their content is working effectively; the report also contains a survey of senior level marketers.

Half of these marketers currently spend 6-15% of their content marketing budget on measurement, and almost the same again (45%) are planning to increase this in the next year demonstrating measurements importance in the industry.

Flexibility, daring and focus are the vital facets for creating content that people want even to click, let alone share. Today, people know when they’re being sold to. That’s why the ability of a PR to spot a story’s authentic value for a customer – something to entertain, motivate, or inform – is more important than ever.

However, by creating this joined up customer experience we are achieving clearly improved and measurable engagement rates and we have metrics in place that enable us to prove to clients that taking a progressive approach to communications creates business value, and ultimately drives their commercial results.

Opinion: Combating stress in the workplace

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Aliya Vigor-Robertson

Aliya Vigor-Robertson, co-founder at JourneyHR, talks about employee wellbeing in the ever-changing PR and agency environment, and offers suggestions for how it can be managed.

As most people in the industry know, a PR agency can be an energetic and lively place to work. There is lots of variety in the day-to-day tasks that need doing, along with an opportunity to meet and work with lots of creative, intelligent and interesting people.

The nature of agency life is also very fast-paced, with staff often juggling multiple deadlines, client expectations, pitching for new business and more. While this is exciting, it can also bring moments of high pressure, which can affect employees’ wellbeing over time.

As we move into 2017, this pressure is unlikely to go away. If anything, ongoing economic uncertainty could lead to slashed PR budgets, more competition for pitches and, possibly, even redundancies – all of which will increase the likelihood of stress among staff.

In this kind of environment, staff may feel pressured to come into work early or to stay late – or in some cases both. Aside from the obvious fatigue that this can cause, it can be hard to identify what other effects this lifestyle will have on each individual, as no two employees are the same. So how can managers identify which employees are struggling?

The truth is that it can be difficult. Managers can start, however, by creating and contributing to a healthy working culture. For example, if employees are working long hours to prepare for a pitch, managers should consider compensating for this extra effort by offering flexible or remote working once this period is over, so that staff have the chance to re-charge their batteries.

Regular employee engagement will be vital for achieving this goal, however, as managers will need to be aware of instances where excessive workloads are leading to fatigue or feelings of isolation. When an agency is busy and the work is mounting, it can be tempting to push these meetings to one side, but this will only prove detrimental to the team in the long run, as high levels of stress will simply go unnoticed.

One-to-one meetings like these also allow staff to air any concerns they may have about their future with the company, which means that managers will have the chance to address this issue head-on. At the same time, they will allow managers to discover what motivates each individual, as well as which aspects of the job are causing them stress. Lastly, regular catch-ups like these show staff that they are valued, appreciated and listened to.

This level of employee engagement is certainly admirable, but that doesn’t mean it’s easy. If managers are going to communicate with their employees effectively and diffuse any stressful situation, they need to have the right tools.

For a start, agencies will need to provide dedicated training for all of their managers, so that they can recognise the signs of fatigue, isolation or insecurity before they turn into a serious mental health issue.

Without this training, it will be very difficult for managers to know what to look for – or how to correctly handle any issues that arise – which could lead to even greater problems down the line.

Like any profession, PR can be hard work but there are times when the pressure mounts and stress levels peak. Being vigilant about which factors are likely to trigger stress, as well as planning for periods that are naturally going to be more stressful, will allow managers to help their staff deal with these feelings much more effectively. This approach will not only ensure that staff remain happy and healthy, but will also help the agency produce the best results possible.

  • Aliya started her HR career in 1996 and co-founded JourneyHR in 2010. Aliya has predominantly worked in the communications industry reporting in at board level at Aegis Media, Naked Communications, Media Planning Group and lastminute.com. She applies commercial focus and business psychology to HR, and continues to influence business owners in the marketing and communications industry on innovative people practices.

LEVICK joins CLCA comms network

The Crisis & Litigation Communicators’ Alliance (CLCA) has announced that US crisis, litigation and public affairs communications firm LEVICK is a new member.

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Richard Levick

LEVICK, which employs almost 50 people in Washington DC, New York, Chicago and Toronto, Canada, has worked on high profile issues such as Guantanamo Bay, Dubai Ports, #BringBackOurGirls, the Catholic Church crisis, AIG and the Gulf oil spill.

The CLCA is an international network of independent, owner-managed PR firms specialising in crisis and high-stakes litigation PR advice.

Richard Levick, LEVICK chairman and CEO, said: “Membership in the CLCA means we can call on trusted, expert partners overseas when we need them. We have already worked hand-in-hand with several CLCA colleagues very effectively on a multi-million dollar litigation case introduced to us by the alliance, and we look forward to continuing this positive collaboration with all member firms whose calibre and expertise in their domestic markets is self-evidently impressive.”

CLCA chairperson, Louise Beeson of Bell Yard Communications, the CLCA’s co-founding agency in London, added: “LEVICK’s addition to our roster is excellent news for the CLCA. Our members wanted a strong partner firm in the US, the original home of litigation PR, not least because international disputes often involve a US dimension.

“LEVICK has an outstanding reputation and a rich experience of crisis and legal disputes ranging from criminal or regulatory matters on Wall Street to multi-party action following environmental disasters. We are excited to have them on board to share their know-how and expertise.”

Richard Levick has written four books, including two on crisis and litigation communications, and is a regular commentator in print and broadcast media.

 

Exterion Media appoints Eulogy as UK agency

Exterion Media, Europe’s largest independent out-of-home advertising business that won the £1.1bn ad contract with TfL for the London Underground and Rail network this year, has appointed Eulogy as its retained UK comms agency.

Exterion

Exterion Media

Earlier this year, Eulogy helped launch Hello London, a commercial media partnership between Exterion Media and TfL, which offers advertisers a one-stop-shop for engaging the London audience.

As part of the new brief,  following a competitive pitch, Eulogy will develop an on-going strategic comms programme to support Exterion Media’s business across the UK, connecting the business with transport and retail franchise and advertiser audiences.

The agency will continue to provide corporate and B2B comms to support Hello London.

Shaun Gregory, CEO of Exterion Media, said: “Eulogy demonstrated a clear strategic understanding of our business, and what we offer for our advertiser and franchise partners. We are in exciting times, with the launch of our Hello London partnership with TfL, and as we set out our plans for the future of our business as a digital media company powered by data, and for the transformation of Out-of-Home. We look forward to working closely with Eulogy to deliver our vision, both in the capital and across the UK.”

Phil Borge, director of business services at Eulogy, added: “Exterion Media is a media brand that is transforming the Out-of-Home space. It has bold ambitions for the advertising industry and we are equally ambitious in how we support them.

“While our corporate and B2B clients sit across a wide range of sectors, this win is testament to our continued commitment to, and passion for, the media and creative industries.”

Piracy Corporation handles Welsh soda re-launch

Piracy Corporation has won the consumer PR, trade PR and social media account for Lurvill’s Delight, a craft-style botanical soda that was originally popular in Wales between 1896 and 1910.


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Lurvill’s Delight

Originally created by Harold and Lolo Lewis, twin brothers from the Rhondda Valley, the profits from the drink were used to pay for 150 coal miners and their families to emigrate to the US.

The soda contains natural ingredients including rhubarb, nettle, black carrot, dock leaves & juniper berry extract – and is free from artificial flavours, colours, preservatives and added sugar.

Now resurrected by new owner Dave Steward, a drinks industry veteran behind brands such as Maker’s Mark bourbon, Zubrowka vodka & Sapporo beer, the drink is again being manufactured in Wales.

Steward was most recently MD of Proximo Spirits UK, the owner and distributor of Jose Cuervo tequila and The Kraken Black Spiced Rum – which Piracy launched in the UK.

Piracy has been briefed to concentrate on the drink’s Welsh heartland before the rest of the UK.

Steward said: “Piracy’s got the right blend of soft drink and booze experience for this brand. The work they undertook for The Kraken in particular showed how a young challenger can shake up the big boys and established markets. Lurvill’s may not be quite as ‘young’ as The Kraken was, but we’re a new kid on the block with a great product and we’re looking forward to creating some similar disruption.”

Martin Ballantine, Piracy MD,  said: “On top of the rise of adult soft drinks, Lurvill’s Delight is also bang on trend with its use of various botanicals – the use of plant-based ingredients is going to be big news in food and drink next year. It’s also great to get hold of a product that isn’t just ‘AN Other’ new soft drink with no history – there’s an amazing heritage and some fantastic stories behind this one!”

Energy drink Boost hires Hatch

Hatch Communications has been chosen by UK-based energy drink brand Boost to handle a social media and experiential campaign.

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Boost

The agency has been briefed to help Boost interact with and “reward” new and existing consumers via social and experiential activations, as part of the brand’s ‘Release The Boost’ campaign.

Francine Matthews, consumer marketing manager at Boost, said: “We’re really looking forward to working alongside Hatch. The team presented some really compelling ideas and we believe Hatch’s expertise and experience will help us take our consumer engagement to the next level.”

James Hickman, director at Hatch Communications, added: “We’re delighted to be working with the team at Boost and are excited to get underway with the activity.

“Boost and its creative agency The Brand Nursery have provided us with a really compelling platform from which to work from, with their ‘Release The Boost’ campaign.

“We feel it will lend itself perfectly to expanding the current brand fan engagement and we’re confident that our activity will resonate with both new and existing consumers. This is a big year for the brand and we look forward to working alongside them to bring the campaign to life.”