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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zyzygy | LSE:ZYZ | London | Ordinary Share | GB0009585182 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.08 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1263I Zyzygy PLC 21 November 2007 21 November 2007 Zyzygy plc Increased investment in NiceTech The directors of Zyzygy plc ("Zyzygy" or "the Company") today announce that they have increased their holding in NiceTech Limited ("NiceTech") to 51.57%. The increased holding has come about through the conversion of a loan amounting to #899,714.90 into shares at a pre-conversion valuation of #10,000,000. It is the Company's strategy to hold minority stakes in businesses and to exit successfully from those investments. The Company anticipates that its holding will be reduced below 50% before the end of its current financial year ending 30 June 2008. NiceTech is a Cambridge based software company that is developing unique software (called AliceServerAR) that allows for complex, large scale simulated environments to be built and accessed by thousands of participants via the Internet. In July 2007, Zyzygy announced progress on a unique Children's massively multiplier online game ("MMO") based upon Ragdoll's latest children's programme, Tronji. Within a 12-month development programme, Nice Tech is on schedule to complete the game for Spring 2008, to coincide with the broadcast launch of Tronji on CBBC. Contact: Zyzygy plc Duncan Lipscombe, Chairman 07775 681648 Grant Thornton Corporate Finance Philip Secrett/Colin Aaronson 020 7383 5100 This information is provided by RNS The company news service from the London Stock Exchange END MSCBMBATMMJTBLR
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