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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Volution Group Plc | LSE:FAN | London | Ordinary Share | GB00BN3ZZ526 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
8.00 | 1.55% | 525.00 | 525.00 | 528.00 | 527.00 | 517.00 | 517.00 | 534,721 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Equip Rental & Leasing, Nec | 328.01M | 37.37M | 0.1889 | 27.90 | 1.02B |
RNS Number:0134T First Artist Corporation PLC 15 March 2002 Embargoed Release: 0700 hours, 15th March 2002 First Artist Corporation plc ("First Artist" or "the Company") Announces Joint Venture First Artist, the AIM listed football management company, announces that the Company and its Swiss-based subsidiary, FIMO Sport Promotion AG, ("FIMO") have reached agreement with two of the leading European football management agencies. Superfute FA ("Superfute") of Portugal and Media Global Audiovisual SL ("Media Global") of Spain will, in partnership with First Artist and FIMO, establish a Joint Venture company known as International Profoot Services Group ("IPS"). IPS will be able to leverage considerable cross border market intelligence between four of the largest football markets in Europe - the UK, Italy, Spain and Portugal. Each partner will exchange resources to identify the best sports solution for each client. The joint venture brings together a range of experienced FIFA agents including Jon and Phil Smith (First Artist), Zoran Stojadinovic and Angel Castell (Media Global), Vincenzo Morabito and Vinicio Fioranelli (FIMO) and Jose Veiga and Alejandro Pinto da Costa (Superfute). This agreement means that First Artist and FIMO will have the right to manage the interests and marketing of any of Superfute or Media Global's portfolio of players should they be playing for football clubs within the United Kingdom and Italy respectively. Reciprocally, Superfute and Media Global will have the right to manage the interests of any of First Artist or FIMO's players who might play for football clubs within Spain or Portugal. The speed of transactions is also likely to increase. IPS will offer a range of value added services to footballers including wealth management, sponsorship opportunities, banking and insurance advice. These will be outsourced to specialist third party professionals and will be based in IPS' headquarters in Switzerland. First Artist will make an initial low cost investment to fund the set up of this operation and its ongoing working capital requirements. IPS will actively explore the possibility of accessing other important footballing markets (i.e. Germany) as the opportunity arises. Jon Smith, Chief Executive of First Artist, commented: "This agreement underlines the truly exciting possibilities that can be realised by the coming together of First Artist and FIMO. We have no doubts as to the potential that this union offers and to see that promise begin to emerge so rapidly is deeply gratifying. We will seek to further extend our penetration into the global football management market." Vinicio Fioranelli, Director of First Artist and FIMO commented: "IPS will bring added value to future cross border transactions and will enable a greater range of services to be offered to players. This agreement cements our position as one of the leading if not the leading agency in Europe." For further details please contact: Jon Smith/Phil Smith Tel: 020 8900 1818 First Artist Corporation Plc www.1startist.com Adam Reynolds/Takki Sulaiman Tel: 020 7735 9415 Hansard Communications www.hansardcommunications.com Notes to Editors:- 1. According to UEFA's Football Transfer System report (October 2000), England, Scotland, Spain and Italy were the four highest net transfer spending countries in the World for the three seasons 1997/98 to 1999/2000. 2. First Artist (FAN.L) listed on AIM in December 2001 having come to OFEX in March 2001. 3. First Artist is one of the largest football player agencies with 400 players under management. This information is provided by RNS The company news service from the London Stock Exchange
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