CIRCLE ANNOUNCES
INTENTION TO FLOAT
Copyright 2005 CiRCLE plc
[ September 26th 2005 ]
CiRCLE
plc (CiRCLE), a developer and publisher of
interactive DVD and video games, today announces
its intention to seek admission of its shares
to trading on the AIM Market (AIM) of the London
Stock Exchange. Dealings are expected to commence
on AIM in October 2005.
CiRCLE
plc is the parent company of CiRCLE Studio Limited
(together “the Group”), which was established
in 2003 by CEO Jeremy Heath-Smith and Managing
Director Adrian Smith. CiRCLE’s development is
focused on the interactive DVD games format. Jeremy
and Adrian share 40 years’ collective experience
in the games industry and are responsible for
the creation of one of the world’s most successful
games franchises: Tomb
Raider.
CiRCLE
has built strong relationships with global mass-market
brands and has the exclusive contractual right
to create and publish the official FIFA licensed
DVD quiz games. Two FIFA licensed products will
be released prior to next year’s FIFA World Cup™
in Germany: A ‘Scene iT?’ branded 2006 FIFA World
Cup™ edition to be published by Mattel, and the
official FIFA World Cup™‘ licensed football trivia
quiz game which the Group will publish itself.
Under the terms of the licence, CiRCLE intends
to bring to the market several further FIFA branded
licensed DVD quiz games.
The Group
also has an exclusive collaboration with the ‘Now
That’s What I Call Music’ brand; this is a joint
venture between CiRCLE and the two ‘NOW’ partners,
EMI and Universal Music. ‘NOW’ is the biggest
compilation label in the UK/US music business
and CiRCLE’s agreement allows it to create a series
of ‘NOW’ iDVD titles, the first to be released
this November by Virgin/EMI.
Commenting
on the decision to float on AIM, Jeremy Heath-Smith,
Chief Executive of CiRCLE plc, said: "We are at
the forefront of this exciting new sector; our
creative talent is unparalleled and we have a
long and proven track record of bringing commercially
successful entertainment software to the mass-market.
We are confident that our expertise, combined
with key brands, will enable us to deliver highly
compelling interactive DVD games - and meaningful
returns to shareholders."
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