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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Capital Ideas | LSE:CAPT | London | Ordinary Share | GB0031453953 | 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% | 0.055 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0673F Capital Ideas PLC 03 October 2007 CAPITAL IDEAS PLC ("Capital Ideas" or the "Company") INVESTMENT The Directors of Capital Ideas are pleased to announce that the Company has made an investment of #50,000 in BritFilms Group plc ("BritFilms") an online channel establishing itself as a recognised video sharing site for independent film-makers. Capital Ideas will receive 17,111,111 new ordinary shares of 0.1 pence each in BritFilms, representing approximately 7.5 per cent of the enlarged share capital of BritFilms. BritFilms is a growing online film channel which is looking to generate revenues from advertising similar to other online social networking sites. It has already grown its user base to 823,000 in just 16 months, adding 385,000 new users in September 2007 alone, and is currently receiving 4.5 million hits per month on its BritFilms website. Renwick Haddow, Chairman of Capital Ideas, said "I am very excited by this investment as we believe that online films represent a growing market opportunity. In a relatively short space of time BritFilms has become the number two in its sector and continues to grow month on month. There is interest from venture capitalists in this arena, plus media companies who wish to acquire these businesses for both their user base and for associated advertising revenue - a major source of income for online companies. We are hopeful that BritFilms will prove to be a successful investment for Capital Ideas." For further information, please contact: Renwick Haddow Capital Ideas plc +44 (0) 207 623 3345 David Youngman WH Ireland Ltd +44 (0) 161 832 2714 Ian Callaway SVS Securities plc +44 (0) 207 638 5600 This information is provided by RNS The company news service from the London Stock Exchange END MSCZGMGGZFFGNZM
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