SEG Sci Ent.Grp.

    RNS Number : 8408I
  SCI Entertainment Group PLC
  25 November 2008
   
                                                                      
                                                                         SCi Entertainment Group plc ("the Company")
                             Share acquisition "standstill" arrangements - extension of consent granted by the Company to Warner Bros.

    On 25 April 2008 the Company entered into new share acquisition "standstill" arrangements with Warner Bros. Entertainment Inc ("Warner
Bros.") that, among other things, restrict the ability of Warner Bros. and its affiliates to acquire additional shares in the Company until
25 January 2009.  These arrangements are described on page 134 of the Company's prospectus dated 25 April 2008.
    The Company now announces that it has consented to Warner Bros. and its affiliates acquiring more shares in the Company prior to 25
January 2009, should they wish to do so, provided that their aggregate holding is not increased to 30.0 per cent or more of all ordinary
shares in issue. This represents an extension to the consent announced by the Company on 27 October 2008.
    All the "standstill" arrangements with Warner Bros. will expire on 25 January 2009.
    
Enquiries
    
SCi Entertainment Group Plc                          +44 20 8636 3000
    Robert Brent - Chief Financial Officer
    
Madano Partnership                                       +44 20 7593 4000
Mark Way / Graham Moonie                                                     
    www.madano.com 
    
About SCi Entertainment Group plc
    
SCi Entertainment Group is the holding Company of Eidos Interactive, creator of some of the world's leading videogame properties. The Group
consists of several development studios including Crystal Dynamics, Io Interactive, Beautiful Game Studios, Eidos Game Studios and Eidos
Montreal as well as sales and distribution offices in Europe and the US. The Group has a valuable portfolio of intellectual property
including: Tomb Raider, Hitman, Deus Ex, Championship Manager, Carmageddon and Just Cause.  
    www.sci.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCDDBDBLGDGGIS

Sci Entertainment (LSE:SEG)
Historical Stock Chart
From Dec 2024 to Jan 2025

Sci Entertainment (LSE:SEG)
Historical Stock Chart
From Jan 2024 to Jan 2025