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ORT Ortus Vct

25.00
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ortus Vct LSE:ORT London Ordinary Share GB0003945101 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Exercise of Option

28/09/2004 7:14pm

UK Regulatory


RNS Number:4526D
Orientrose 2 PLC
28 September 2004

FOR IMMEDIATE RELEASE                                          28 September 2004

                                ORIENTROSE 2 plc
                        ("Orientrose" or the "Company")

            Exercise of option to acquire a further 13 per cent. of
         Trigger Street Independent Inc ("Trigger Street Independent")


The Board of Orientrose announces that it has exercised its option to subscribe
for new ordinary shares amounting to 13 per cent. of the issued share capital of
Trigger Street Independent, a US-based film production company, for a
consideration of US$500,000. Following exercise of the option, the Company will
have an aggregate shareholding amounting to 26 per cent. of the issued share
capital of Trigger Street Independent. As previously announced, Mark and Adam
Kassen who are specialists in producing digital films, will be responsible for
Trigger Street Independent's development.

On 10 August 2004, The Board of Orientrose announced that it had agreed to
advance the sum of US$500,000 to Trigger Street Productions Inc., which is the
co-producer of a forthcoming film called Beyond the Sea, which stars Kevin
Spacey, Kate Bosworth, John Goodman, Greta Scacci and Bob Hoskins. The film
premier in Toronto earlier this month was well received.

ENDS

Contacts:

Stephen Dean, Orientrose                     00 34 605 28 22 11


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

END
MSCILFLTAFITFIS

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