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VTR Vtr

25.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vtr LSE:VTR London Ordinary Share GB0009293548 ORD 5P
  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

Issue of Equity

07/01/2008 7:00am

UK Regulatory


RNS Number:1333L
VTR PLC
07 January 2008

7th January, 2008

                                    VTR plc

       VTR plc secures the business interests of Clarke Associates London
             VTR plc welcomes Simon Clarke to its global offering

VTR plc ("VTR") is pleased to announce that it has secured the business
interests of Clarke Associates London Limited ("Clarke Associates") and the
services of Simon Clarke, its Creative Director, and his team. The deal brings
Simon's high profile and breadth of experience to VTR, and gives Simon access to
the extensiveness of the VTR global offering and its industry expertise. As part
of this deal, VTR plc has acquired certain technical equipment, including 3D
workstations, 3D render farm and associated software from Clarke Associates.

With over 13 years in the industry, Simon's award winning contribution to
Broadcast Visual Effects has been recognised by his clients and piers through
flagship programmes and series for the BBC, National Geographic, Discovery and
Channel 4.  His design and branding background has also enabled him to work with
many leading commercials and production agencies on a range of multi-platform
campaigns. Simon's body of work includes Lost Cities (BBC), Mega Structures
(National Geographic) and Superstorm (BBC).

In consideration, VTR will issue 100,000 new VTR plc ordinary shares to Clarke
Associates and a cash payment of £30,000. Accordingly, application has been made
for the 100,000 new ordinary shares to be admitted to trading on AIM and it is
expected that admission will take place on 8th January 2008. The new ordinary
shares will rank pari passu with the existing shares of the Company. Following
this allotment, the total issued share capital of the Company will increase to
29,081,276 ordinary shares.

Namit Malhotra, Chairman of VTR plc and Prime Focus Group, said: "Simon fits
perfectly into our strategy of ensuring we have the best talent and facilities
to support our global client base as part of the Prime Focus Group of companies.
Simon is a welcome addition to the team."

Simon Clarke commented: "I am thrilled to be joining the VTR group of companies
and consider this to be a great opportunity. My expertise in commercials and
visual effects will compliment the company's existing global offer, and will be
a springboard for greater prospects going forward."



                                - ENDS -

Notes to editors

VTR plc (Prime Focus UK) is the holding company of the Prime Focus UK Group, one
of Europe's leading high-end media services groups. Based in Soho, London, the
main divisions - Prime Focus London and blue post production - cover between
them every aspect of professional post-production, and each company has
established an international reputation in its chosen field.

The Prime Focus UK Group produces work of the highest quality across all areas
of the post-production industry, including: high-end visual effects and digital
intermediate (DI) for cinema releases; television commercials; long-form and
short-form broadcast projects; CGI animation; design and motion graphics; pop
promos; sound design, mixing and composition; and film and video restoration.

In addition the group designs, builds and implements online interactive
communication tools for a wide variety of clients. Its portfolio includes
digital asset management systems, state-of-the-art encoding services, website
design and hosting, mobile content encoding and delivery, and professional DVD
authoring facilities.

VTR plc (Prime Focus UK) is owned by Prime Focus Limited, India's foremost
integrated end-to-end post-production and visual effects services facility. As
the largest Autodesk Fire / Smoke site in the world, the largest site for
Thomson Spirit in the Asia-Pacific region, and with its recent acquisitions in
London, Prime Focus Limited has emerged as a major force in the international
post-production industry.

Contacts

Ryszard Bublik                 Parys Communications              020 7622 9951
Catriona McDermott

Neil Lane                      VTR plc, Managing director        020 7437 0026

Philip Davies                  Charles Stanley Securities        020 7149 6000
(Nominated Adviser)


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

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