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EVN Environ Group

0.55
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Environ Group LSE:EVN London Ordinary Share GB00B50K2P36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.55 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Robert Haggiag Buys Stake

21/11/2006 8:00am

UK Regulatory


RNS Number:3826M
Europe Vision PLC
21 November 2006


                               Europe Vision plc

                                (the "Company")

               Robert Haggiag takes #2.4m stake in Europe Vision


Europe Vision, the AIM listed studio-to-screen European media company announces
that veteran film industry guru and media investor, Robert Haggiag has
purchased, with his son, Simone, two million new Ordinary Shares in the Company
at 120p per share through their investment vehicle Hillswood Holdings Ltd and
received an option to purchase a further 30 million new Ordinary Shares at 127p
per share exercisable over the next three years. Application will be made for
the two million new Ordinary Shares to be admitted to AIM on 24 November 2006.

Commenting on the purchase Europe Vision's Chairman, David Lowe, said: "This
investment at today's full market share price is a strong vote of confidence in
our strategy to integrate production, distribution and delivery of high quality
media content via cinema, television and new media across Europe."

"We are delighted to have Robert and Simone as investors in Europe Vision.
Robert's wide ranging industry contacts and Simone's studio experience will be a
valuable support to the company's development."

Robert Haggiag is a well known figure in the worldwide motion picture industry
as a producer of classic films such as the Oscar-winning Barefoot Contessa,
(1954) Golden Globe nominated Candy (1968) and former part-owner of Warner Bros
Studios. The Haggiag family has cinema interests across Europe and in particular
Italy.

They are the largest private shareholders in Italy's majority state-owned film
studio, Cinecitta - Europe's premier film making facility, (next to the UK's
Pinewood Studios) and they own Dear Studios which are leased to the State TV and
film broadcaster, RAI.

Simone Haggiag's will bring his studio expertise to Europe Vision, as he joins
the group, providing management consultancy to the Morocco Film City development
which, under the terms of its investment, Europe Vision is to provide studio
management services.


                                    - Ends -


Enquiries:

Europe Vision plc
David Lowe, Chairman

Bell Pottinger Corporate & Financial
Olly Scott 078 1234 5205
Laura Pope 077 6133 2646




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

END
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