![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dic Ent Regs | LSE:DEKE | London | Ordinary Share | COM SHS USD0.001 (REG S) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6004Y DIC Entertainment Holdings, Inc. 19 June 2007 DIC Entertainment Holdings, Inc Completion of earn-out and repricing of share options (London, 19th June 2007) DIC Entertainment plc (the "Company") today announces that Copyright Promotions Licensing Group ("CPLG"), the pan-European licensing agency acquired by the Company in June 2006, has performed strongly and has achieved its 2006 earn-out targets under which additional consideration in the form of cash and shares are paid to former CPLG equity holders. Accordingly application will be made for the admission to trading on AIM of 445,700 new ordinary shares which have been issued to the former CPLG equity holders. Admission is expected to occur by June 22nd. In addition to the share element of the earn-out a total of #231,600 in cash has also been paid. CPLG represents brands of world-renowned entertainment and sports companies, such as DreamWorks Animation, The FA, Marvel, MGM, Sony, 20th Century Fox and Viacom. The company has created licensing programs across Europe for high-profile brands including Shrek, The Simpsons, Spider-Man, Star Trek, Pink Panther, Peanuts, Strawberry Shortcake, Dora the Explorer and Care Bears. CPLG provides such services on a global scale operating through its network of seven European offices. In addition the Company today also announces that following a recommendation from the Board's Remuneration Committee and after consultation with its major institutional shareholders the Company has today repriced 1,798,512 share options currently awarded to employees. The repricing sets a new option exercise price of $2.09, that being the share price at the close of business on 18 June 2007, the date the recommendation received Board approval. The option repricing includes share options awarded to Jeffrey Edell, President and Chief Operating Officer of the Company. Mr. Edell was granted 1,300,000 share options at an exercise price of $4.80US when he joined the Company in June 2006. The share option repricing is part of a wider compensation plan that the Remuneration Committee and Board of Directors have been working on and which includes a proposal to increase the stock option pool by a further 2,000,000 shares (representing 9.13 % of the fully diluted share capital, if exercised), approval for which will be sought from shareholders at the next AGM. The Board believes that these adjustments will introduce a robust compensation and incentivisation framework for the business designed to reward achievement, secure continuity of service by key executives and attract top talent. Ends This information is provided by RNS The company news service from the London Stock Exchange END LISSFISUUSWSELM
1 Year Dic Ent Regs Chart |
1 Month Dic Ent Regs Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions