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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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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 |
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0 | 0 | N/A | 0 |
RNS Number:1524B DIC Entertainment Holdings, Inc. 31 July 2007 The information contained herein is restricted and is not for publication, release or distribution in or into the United States of America, Canada, Australia, New Zealand, the Republic of Ireland, South Africa or Japan or to any national, resident or citizen of the United States of America, Canada, Australia, New Zealand, the Republic of Ireland, South Africa or Japan. 31 July 2007 Trading Statement DIC Entertainment Holdings, Inc. ("DIC" or the "Company") will release its interim results in the week beginning 24th September 2007. At this time, the Company is in line to meet current market expectations although there are still a number of challenges remaining for the rest of the year. These challenges include the uncertainty surrounding collections of contractual amounts due from Trollz licensees, the slow build in the ratings for the CBS block and the development of the Slumber Party Girls brand. At the same time there are a number of recent important strategic initiatives which are beginning to bear fruit. Two key areas stand out: KidsCo, DIC's joint venture international children's channel, remains on course for a September launch in Central & Eastern Europe. Carriage has been agreed in Poland, Romania, Turkey and Russia with announcements of further international broadcasters anticipated very shortly. In total the channel, which has surpassed initial target subscriptions in Central and Eastern Europe, is expected to roll out to approximately 40 territories worldwide within the next two to three years. Good progress is being made on our new three year New Media / Interactive strategy designed to position the Company as a leader in this field. The Company is now on course to achieve its target online reach of over 500,000 visitors per month and 100 million page views per month by the end of 2007. The new DIC Online Network, with kewlstudio.com as its hub, will feature continuous video streaming as well as individual brand communities including Trollz.com, the recently re-launched MommyandMe.com and new property sites like DinoSquad.com. For further information please contact: Jeffrey Edell, President +1 818-955-5400 This announcement is not for publication, release or distribution, directly or indirectly, in, into or from the United States of America, Canada, Australia, New Zealand, the Republic of Ireland, South Africa or Japan or their respective territories or possessions. This announcement does not constitute or form part of an offer for sale or subscription of, or any solicitation of an offer to purchase or subscribe for, securities and any purchase of or subscription or application for shares ("Common Shares"). The price and value of, and income from, shares may go down as well as up. Persons needing advice should consult a professional adviser. The securities referred to herein have not been registered in any jurisdiction, and, in particular, will not be registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Information contained in this announcement may include 'forward looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the company's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the company's business) are forward- looking statements. Such forward-looking statements are based on a number of assumptions regarding the company's present and future business strategies and the environment in which the company expects to operate in the future. These forward-looking statements speak only as to the date of this announcement and cannot be relied upon as a guide to future performance. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any changes in its expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based. This information is provided by RNS The company news service from the London Stock Exchange END TSTILFIADDIIVID
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