TIDMIGR

RNS Number : 9083M

International Greetings PLC

24 September 2012

24(th) September 2012

International Greetings plc (the "Company" or the "Group")

New licence agreements

International Greetings, one of the world's leading designers, innovators and manufacturers of gift packaging & greetings, stationery and creative play products, is pleased to announce that is has signed new licence agreements across the Group's international portfolio.

The Board is pleased to announce that it has recently signed the following agreements: -

- a new UK license for Moshi Monsters, which is already receiving encouraging levels of forward commitments for the very popular and fast growing range of products;

- a new Australian license for a comprehensive range of Hello Kitty merchandise licensed products;

- an extended license with Disney to produce gift packaging products for Eastern European territories.

Paul Fineman, CEO commented:

"We are delighted to announce these major character licence agreements. Moshi Monsters and Hello Kitty are both strong new licences for the Group, while the extension of our Disney license into Eastern European territories demonstrates our ability to develop our existing product range to address new markets.

"We are particularly pleased that these new licence agreements demonstrate the growing demand for our products, from our existing customer base across the Group's core international markets. We look forward to further strengthening our client relationships through our continued focus on innovation and design and excellent client service."

- Ends-

 
 For further information, please contact: 
 International Greetings plc      Tel: 01707 630617 
  Paul Fineman, Chief Executive 
  Anthony Lawrinson, Chief 
  Financial Officer 
 Cenkos Securities plc            Tel: 0207 397 8900 
  Bobbie Hilliam 
 
   Arden Partners plc               Tel: 020 7614 5917 
   Richard Day 
   Jamie Cameron 
 
   FTI Consulting                   Tel: 020 7831 3113 
   Jonathon Brill 
   Georgina Goodhew 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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