Re Joint Venture
13 1월 2006 - 4:01PM
UK Regulatory
RNS Number:8831W
Mama Group plc
13 January 2006
MAMA Group Plc (the "Company")
Re: Joint Venture
The Company announces that one of its subsidiaries, Animal Noise Limited
("ANL"), has entered into a joint venture arrangement with Ingenious Music VCT
plc ("Ingenious") under which ANL and Ingenious are each investing in The
Heights Recording Limited, a new company which will create and market recordings
by a new band known as 'The Heights'. Under the terms of the arrangement,
Ingenious will provide up to #300,000 of funding to the joint venture, which has
granted an exclusive licence to ANL to exploit the band's recordings. The
recordings will be released on the "Best Before Records" imprint operated by
ANL. Further details of the transaction will be provided in the Company's
forthcoming interim results for the period of six months ending 31 January 2006.
For further information contact:
Adam Driscoll or Dean James , Co-Chief Executives 020 7691 4555
MAMA Group plc
David Bick 020 7929 5599
Holborn PR
Mark Percy 020 7107 8000
Seymour Pierce Limited
This information is provided by RNS
The company news service from the London Stock Exchange
END
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