Intandem Films PLC Share Price Movement & European Film Market 2014 (1349D)

TIDMIFM

RNS Number : 1349D

Intandem Films PLC

25 March 2014

INTANDEM FILMS PLC

("Intandem" or the "Company")

Share Price Movement and European Film Market 2014

Intandem Films, the London based international film group, notes the recent movement in the Company's share price and confirms that Berlin's European Film Market, held in February 2014, provided a useful opportunity to showcase films from the slate and that discussions continue with a number of potential film buyers.

The Company hopes to provide an update on new business developments in due course but there can be no guarantee of the timing of any announcement.

The Company is also in discussions with a small number of potential new hires to the team in order to broaden the services provided by the Company but again there can be no guarantee of this proceeding or of the timing of any announcement.

The Company expects to announce its unaudited interim results, for the period ending 31 December 2013, by no later than 31 March 2014.

The Company continues to operate with limited working capital for the foreseeable future. The Company is dependent on making commercial progress in the very near term or will require further new financing.

Contacts:

 
Intandem Films plc 
 Robert Mitchell, Chief Executive Officer        +44 (0)20 7851 3800 
 
  finnCap 
  Ed Frisby / Ben Thompson - Corporate Finance 
  Stephen Norcross - Corporate Broking             +44 (0)20 7220 0500 
 
  Bishopsgate Communications 
  Nick Rome/Sam Allen 
  intandem@bishopsgatecommunications.com           +44 (0)20 7107 1890

About Intandem Films

Intandem Films plc (www.intandemfilms.com) is a London based international film company. It specialises in raising finance for commercial feature films and selling them to distributors around the world. Intandem closely manages the risk associated with the film industry and does not invest in the production of films from its own resources. Its highest profile film to date was How to Lose Friends and Alienate People starring Simon Pegg, Jeff Bridges and Megan Fox, for which Intandem raised the finance and sold the film to distributors such as Paramount, Warners and MGM.

This information is provided by RNS

The company news service from the London Stock Exchange

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