Cellcast News
Delay re Loan Facility, Conversion to Equity and Placing
19 February 2007
Cellcast plc (AIM:CLTV), the global interactive digital broadcaster, announces that the transactions contemplated by the announcement of 14 February at 13:36 under RNS number 2594R are being delayed and that therefore the application to admit 3,571,428 new ordinary shares of 3p each has been withdrawn. A further announcement is expected in the near future.
For further information:
Cellcast plc |
|
Emmanuelle Guicharnaud, Finance Director |
Tel: +44 (0) 20 7190 0300 |
| HB Corporate | |
Edward Hutton/ Rachel Kane |
Tel: +44 (0) 20 7510 8600 |
Media enquiries:
Abchurch |
|
Henry Harrison-Topham / Gareth Mead |
Tel: +44 (0) 20 7398 7700 |
Notes to Editors:
Cellcast plc
Cellcast plc (AIM:CLTV) is a leading international provider of participation television applications and interactive mobile content in the fast-growing multi-platform digital entertainment sector. Headquartered in London, with associated operations in Paris, Beirut, Mumbai, Miami, Hong Kong and Buenos Aires, Cellcast’s applications and programming are distributed on the Sky Digital and Freeview platforms in the UK and broadcast partners include Canal+ in France; STB in Ukraine; Future TV, Dubai Television and Rotana TV in the Middle East; Zee TV in India; TVS-3 in China; TV3 in Malaysia; and Canal America in Argentina.
Cellcast’s revenues streams are independent of both advertising and subscription fees. With a network of revenue sharing agreements with telecommunications carriers and aggregators across five continents, Cellcast receives a share of the call revenue every time a consumer uses a mobile or fixed-line phone to participate in its interactive entertainment, revenue which is retained or shared with its broadcast partners. Cellcast’s programme formats and proprietary Interactive Platform (CIP) also facilitate delivery of content to mobile phones, the internet and broadband-delivered IPTV. This enables viewers to continue participating in a programme away from the TV, generating 24/7 revenue opportunities.
Cellcast plc joined the AIM market of the London Stock Exchange on 21 September 2005.