ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SFX Screen Fx

7.10
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Screen Fx LSE:SFX London Ordinary Share GB00B23Z3283 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acquisition

23/01/2008 7:01am

UK Regulatory


RNS Number:3341M
Screen FX PLC
23 January 2008


Press Release                                                  23 January 2008



                                  ScreenFX plc

                          ("ScreenFX" or "the Group")

                  Acquisition of Screen Media Networks Limited


ScreenFX plc (AIM:SFX), the digital advertising and communications specialist,
today announces that it has completed the acquisition of Screen Media Networks
Limited ("SMN"), an outdoor media contractor that combines both traditional and
digital media services.


The acquisition of SMN has been completed for an initial consideration of
12,625,559 new Ordinary Shares, or 29.9 per cent of the Enlarged Group's
Ordinary Share Capital.  These new Ordinary Shares will be admitted to trading
on AIM on 28 January 2007.  Up to 16,974,833 new Ordinary Shares may be allotted
depending on future funding being secured.


The Enlarged Group will then and thereafter trade under its new name, Vision
Media Group (International) plc ("VMG"), with the market EPIC of VMG.


As a result of the acquisition, Dominic Brookman will join the Board of VMG as
Chief Executive Officer.


Dominic Brookman will initially be beneficially interested in 8,572,409 Ordinary
Shares as a result of the acquisition, which will represent approximately 20.3
per cent of the enlarged Group's issued share capital.


Pursuant to Rule 17 of the AIM Rules, the information required to be given in
respect of Dominic Brookman is as follows:


Full name: Dominic Justin Brookman


Age: 38


Current Directorships:
Posad Limited
Screen Media Networks Limited 2006


Past Directorships held in the past five years:
Theme Park Media
Business First Luxury Transportation
Freestyle Business Holdings Ltd.
Retail TV Ltd.
Football Media Limited



Dominic Brookman is a director of Posad ltd which went into creditors voluntary
arrangement in 2005 due to debts of approximately £200,000.  Dominic has
personally funded the CVA since then.



Under Schedule Two, paragraph (g), of the AIM Rules, there is nothing further to
disclose.



                                    - Ends -



For further information:
ScreenFX plc
Mike Cottman, Executive Chairman                       Tel: +44 (0) 161 428 5544
mikec@screenfx.com                                              www.screenfx.com


Seymour Pierce Limited
Stuart Lane / John Depasquale, Corporate Finance       Tel: +44 (0) 20 7107 8000
stuartlane@seymourpierce.com                               www.seymourpierce.com



Media enquiries:
Abchurch
Henry Harrison-Topham / Gareth Mead                    Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com                               www.abchurch-group.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

ACQILFFTLAIFFIT

1 Year Screen Fx Chart

1 Year Screen Fx Chart

1 Month Screen Fx Chart

1 Month Screen Fx Chart

Your Recent History

Delayed Upgrade Clock