Milestone appoints Walbrook for financial PR

Milestone Group, the company behind youth employment venture The Passion Project, has appointed Walbrook PR to handle its financial communications and investor relations.

Milestone, which is led by chief executive Deborah White (pictured), is listed on AIM. It reported revenues of £318,035 in the 12 months to 30 September 2015. Last month, it raised £549,500 in new equity.

Its flagship product is The Passion Project, which provides personal and professional development services to young people by bringing together employers, commercial enterprises and charitable organisations within a social exchange and marketplace.

Last year, Milestone formed a joint venture with digital technology company Black Cactus, called Nexstar.

Gary Middleton, consultant at Walbrook PR, said: “With our considerable experience in advising technology focussed and digital media companies, we are delighted to be advising Milestone on its financial media and investor relations programme.

“Post the restructuring of the balance sheet completed earlier this month, Milestone is now well placed to enter a period of significant growth as the intrinsic value of the Passion Project and the Nexstar JV deliver significant shareholder value.”