

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
Neville Registrars welcomes Agriterra Limited
Neville Registrars is delighted to welcome Agriterra Limited as the newest addtion to its list of client companies. Agriterra is an AIM listed pan-African agricultural company with established beef, cocoa trading, maize processing and palm oil operations. Further information can be found on the Company's website: http://www.agriterra-ltd.com/ …
Neville Registrars is delighted to welcome Agriterra Limited as the newest addtion to its list of client companies.
Agriterra is an AIM listed pan-African agricultural company with established beef, cocoa trading, maize processing and palm oil operations.
Further information can be found on the Company's website: http://www.agriterra-ltd.com/
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EU Supply PLC : Contract wins and update on expectations for 2017
RNS Number : 5452U EU Supply PLC 19 January 2017 19 January 2017 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract wins and Update on expectations for 2017 EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has……
RNS Number : 5452U
EU Supply PLC
19 January 2017
19 January 2017
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract wins
and
Update on expectations for 2017
EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has entered into a contract with Vest-Agder County Council in southern Norway for up to 35 local authorities and other public sector bodies to use EU Supply's CTMTM platform.
The contract is expected to generate total revenues of approximately £250k over 8 years, including licenses and support, implementations and integrations, of which approximately £65k of revenues is anticipated to be received in 2017.
In addition, EU Supply has entered into three new contracts for customer-paid enhancements of its CTMTM platform with two existing customers, which are expected to generate over £80k in revenues in 2017.
While the Board expects to release a trading update for the year ended 31 December 2016 ("trading update") later this month in accordance with its usual timetable, it is already apparent to the Board that the new contract wins detailed above combined with the recent currency exchange rate movements will result in the Group's expected revenues being ahead of, and its operational costs being higher than, market expectations for the year ending 31 December 2017. The Board continues to expect that the Group will report underlying operational profitability in FY 2017 in line with market expectations.
A further update will be provided at the time of the trading update.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 7,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseLoopUp Group PLC : The Queen Honours LoopUp co-CEO
RNS Number : 6010U LoopUp Group PLC 19 January 2017 Her Majesty the Queen Honours LoopUp co-CEO Michael Hughes with MBE LONDON, UNITED KINGDOM–(Marketwired – Jan 17, 2017) – LoopUp (AIM: LOOP), the premium remote meetings company, announced today that co-CEO Michael Hughes has been appointed by Her……
RNS Number : 6010U
LoopUp Group PLC
19 January 2017
Her Majesty the Queen Honours LoopUp co-CEO Michael Hughes with MBE
LONDON, UNITED KINGDOM–(Marketwired – Jan 17, 2017) – LoopUp (AIM: LOOP), the premium remote meetings company, announced today that co-CEO Michael Hughes has been appointed by Her Majesty Queen Elizabeth II as a Member of the Most Excellent Order of the British Empire (MBE) on The Queen's New Year's Honours List for 2017. Hughes was recognized for his services to British graduates in Silicon Valley and San Francisco through his work as Founder of the Silicon Valley Internship Programme (SVIP).
"It is an incredible honour to be recognised by Her Majesty," said Hughes. "I am very proud to be able to offer UK graduates the opportunity to work for and learn from some of the best tech entrepreneurs in Silicon Valley through SVIP."
Hughes founded the Silicon Valley Internship Programme in 2013 with the goal of giving computer science graduates from the United Kingdom exposure to Silicon Valley's rich entrepreneurial community and hands-on startup experience through a one-year internship. SVIP has had 60 graduates participate in the programme since its inception. The programme is currently accepting applications for 2017 interns.
"The idea for SVIP was a direct result of my experience cofounding LoopUp and building our San Francisco-based product and engineering teams," said Hughes. "Companies in Silicon Valley are hungry for computer science talent, but competition for that talent is steep. At the same time, there is a growing wealth of engineering grads coming out of the UK and Europe. What better way to give back to the UK startup community and provide value to Silicon Valley companies, than to connect worthy UK graduates with companies who need them?"
Hughes cofounded LoopUp alongside co-CEO Steve Flavell in 2003 and is responsible for the company's global product development and platform operations. He holds a Masters of Engineering from Imperial College, an MBA from Stanford as an Arjay Miller Scholar, and was awarded a Sainsbury Management Fellowship by the Royal Academy of Engineers.
About LoopUp Group plc:
LoopUp (AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built for the needs of business users and delivers the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook, make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features, and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic, and Subaru trust LoopUp with their remote meetings. For more information, visit www.loopup.com.
CONTACT INFORMATION
Christy Kemp
303-898-3390
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseMalvern Inter. PLC : Collaboration Agreement
RNS Number : 8416T Malvern International PLC 11 January 2017 11 January 2017 MALVERN INTERNATIONAL PLC ("Malvern" or the "Company") Collaboration Agreement Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, is pleased to announce it has entered into……
RNS Number : 8416T
Malvern International PLC
11 January 2017
11 January 2017
MALVERN INTERNATIONAL PLC
("Malvern" or the "Company")
Collaboration Agreement
Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, is pleased to announce it has entered into a collaboration agreement with Playware Studios Private Limited ("Playware") whereby Malvern will be able to act as an exclusive sales and marketing partner and distributor for some of Playware's educational related IT and technology products. In addition, pursuant to the agreement Malvern will receive IT advice which will enable Malvern to fast track some of its IT projects. In return Malvern will pay Playware a royalty on sales receipts achieved on Playware related products, the level of which will vary depending on the nature of the product.
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Malvern is allowed to offer the agreed Playware courses and programmes in all of its locations. The agreement not only allows the use of the products by Malvern but also enables Malvern to act as an IT related educational supplier by having an exclusive right to distribute some of Playware's products. These products include those of web-based and mobile applications that are in demand. The above projects are expected to help Malvern target a wider market in 2017, generate higher revenue and improve its competitive advantage.
Playware (www.playwarestudios.com) is a Singapore-based technology company specialising in the development of gaming for educational purposes. Its products and solutions have been adopted by a variety of corporate, government and educational institutions in Singapore and it has been the recipient of industry awards for its innovative offerings. Playware is owned and controlled by KSP Limited, which is a substantial shareholder in Malvern. For this reason the Collaboration Agreement is classified as a related party transaction for the purposes of AIM Rule 13. The independent directors, being directors not associated with KSP Limited, consider, having consulted with WH Ireland Limited, the Company's nominated adviser, that the terms of the collaboration agreement are fair and reasonable insofar as the Company's shareholders are concerned.
Commenting Sam Malafeh, Deputy CEO of Malvern, said: "We are delighted to have entered into this agreement which allows us to access to Playware's innovative and internationally award winning products and courses. Access to the various Playware offerings will significantly expand the scope of our offering as an international education company and will help propel Malvern into the digital age. Malvern's offering will now include cutting-edge technology (gaming, virtual reality, mobile applications) in addition to existing teaching and courses."
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Malvern International plc |
www.malverninternational.com |
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Haider Sithawalla Dr Sam Malafeh |
+65 64120733 +65 83860155
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WH Ireland Limited |
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Further information on Playware
Playware was established in 2005 as a games studio, focused on the development of technology and content for mainstream entertainment games. With a portfolio of learning games used across different sectors and industries, including the Public Service, National Schools and Education, Healthcare, Nursing, Advertising and Communication, Professional Education, Defense, Corporate Training and Talent Development, Playware's ambition is to bring games to classrooms and training everywhere in the world.
To this end, Playware worked with the Singapore Ministry OF Education, NRF and IDA to pioneer 3DHive, a complete game-based learning and practice platform that allows users to quickly create, share, play 3D games on popular desktop and mobile devices.
The technology (patented in about 50 countries) has won several awards, including the ASEAN ICT Gold Awards 2016 for Digital Content, InnovPlus Flame Award 2016 for Skills Development from WDA Singapore, Brandon Hall Silver Medal for Best Advance in Gaming or Simulation Technology 2015, Brandon Hall Bronze Medal for Best Advance in Mobile Learning Technology 2015, apart the Inaugural IDA-Bett Asia Edtech Innovation award in 2014 and the Microsoft Public Sector Education Partner of the Year Finalist award in 2013.
Specifically, in the fields of Serious Games, Adult and Corporate Learning Playware has worked with the Civil Service College (Singapore), Singapore Airlines, National Council for Social Services (Singapore), Bayer, Caterpillar, SAP and Ogilvy & Mather in diverse fields such as teamwork, leadership, advertising, managerial accounting, logistics and supply chain management, Retail Sales, computer science etc.
Find out more about Playware on Linkedin, Facebook, Twitter, Youtube or Google+
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseConcepta PLC : Concepta achieves ISO13485 accreditation
RNS Number : 5988T Concepta PLC 09 January 2017 9 January 2017 Concepta plc ("Concepta" or "the Company") Concepta achieves ISO13485 accreditation for its myLotus fertility product ahead of targeted commercial launch in the UK and Europe in H2 2017 Concepta plc (AIM:CPT), the UK healthcare company targeting the……
RNS Number : 5988T
Concepta PLC
09 January 2017
9 January 2017
Concepta plc ("Concepta" or "the Company")
Concepta achieves ISO13485 accreditation for its myLotus fertility product ahead of targeted commercial launch in the UK and Europe in H2 2017
Concepta plc (AIM:CPT), the UK healthcare company targeting the personalised mobile health market with a primary focus on women's fertility, is pleased to announce that it has achieved ISO13485 accreditation, a key step in attaining its CE marking for its 'myLotus' product for unexplained infertility*, ahead of a commercial launch in the UK and Europe in H2 2017.
The ISO13485 certification is an endorsement of the Quality Management System (QMS) that underpins the Company's position as a manufacturer of medical devices. The accreditation is recognised on an international scale and is a critical part of gaining regulatory approval for Concepta's myLotus to be sold in the European Union.
Commenting on the agreement, Erik Henau, CEO of Concepta said: "This is a proud moment for the Concepta team and importantly a crucial development towards the launch of our flagship myLotus fertility product into the UK and European markets, where the potential market opportunity is circa £350 million.
"It cannot be underestimated how much work goes into documenting the procedures of an entire organisation within a QMS system and ensuring that the procedures are followed to the point that they become a seamless part of everyday operations. It is a strong endorsement of the quality of an organisation at all levels.
"Further to this we are delighted to report that with regulatory approvals and manufacturing agreements already in place in China we remain on track to roll out the myLotus product into the Chinese market in H1 2017."
ENDS
Enquiries:
The Company
Adam Reynolds, Chairman
Tel: +44 (0) 7785 908158
SPARK Advisory Partners Limited (Nomad)
Neil Baldwin/Mark Brady
Tel: +44 (0)20 368 3550
Beaufort Securities Limited (Broker)
Jon Belliss
Tel: +44 (0)20 7382 8300
Yellow Jersey PR Limited (Financial PR)
Felicity Winkles/ Joe Burgess/ Francesca Hillier
Tel: +44 (0) 7748 843 871
About Concepta Plc:
Concepta plc is a pioneering UK healthcare company that has developed a proprietary platform and products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility*.
Founded in 2013, Concepta has developed a revolutionary flagship product 'myLotus' for home self-testing that helps women with unexplained infertility to conceive.
myLotus is the only consumer product which allows both quantitative and qualitative measurements of measurement of a woman's personal hCG and LH hormone levels in an easy to use home test to facilitate higher conception rates and early diagnosis of any fertility problems. Competitor products currently only allow qualitative measurement and are based on the 'average woman'.
Concepta has a defined route to market for its new 'myLotus' product with Regulatory approvals for launch in China in place for 2016 and CE-Marking for UK and Europe to follow in 2017 where the revenue potential of the Chinese and EU infertility market is worth c.£600m per annum for the company.
*Unexplained infertility refers to women that have been unable to conceive after 6 months of trying. This highly motivated target group of consumers won't typically be offered medical intervention until 12 months of unsuccessfully trying, with IVF not offered until two years. Research indicates couples start to take positive action ahead of this time and there is little medical support to help them do so.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseCronin Group PLC : DigitalGlasswareT
RNS Number : 5969T Cronin Group PLC 09 January 2017 9 January 2017 Cronin Group Plc ("Cronin" or the "Company") DigitalGlassware™ Cronin Group Plc announces that between the 9th and 12th January 2017 Professor Lee Cronin, Founding Scientific Director, will be attending the 35th Annual J.P.……
RNS Number : 5969T
Cronin Group PLC
09 January 2017
9 January 2017
Cronin Group Plc
("Cronin" or the "Company")
DigitalGlassware™
Cronin Group Plc announces that between the 9th and 12th January 2017 Professor Lee Cronin, Founding Scientific Director, will be attending the 35th Annual J.P. Morgan Healthcare Conference and at which he will be introducing the Company's pathway to its first commercial product to a number of potential partners and key opinion leaders.
During 2017 Cronin Group intends to release prototype and beta versions of a new product platform, branded DigitalGlassware™, which it anticipates will undergo testing and development with a number of collaboration partners. Early product releases of DigitalGlassware™ will be a low-cost, easy to use chemical telemetry product designed to enable the first digitization of chemistry in commercial and academic research laboratories. Eventually the DigitalGlassware™ platform is envisaged to have a range of commercial applications in various target markets, including Healthcare.
Cronin Group's ultimate vision is to commercialise the Chemputer™, an autonomous universal digital synthesis engine, which intends to open up chemistry to a wider user-base via digitization. This will allow chemical synthesis to be flexible and widely accessible irrespective of access to physical infrastructure and chemical knowledge.
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Cronin Group Plc |
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James Ede-Golightly, Chairman |
T: 01481 701 564 |
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WH Ireland Limited |
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Mike Coe / Ed Allsopp
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T: 0117 945 3470 |
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseNanoco Group PLC : Nanoco Fine Color Film TVs at CES
RNS Number : 2697T Nanoco Group PLC 04 January 2017 For immediate release 4 January 2017 NANOCO GROUP PLC ("Nanoco" or the "Company") Nanoco Fine Color Film™ TVs at CES Nanoco Group plc (LSE: NANO), a world leader in the development and……
RNS Number : 2697T
Nanoco Group PLC
04 January 2017
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For immediate release |
4 January 2017 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
Nanoco Fine Color Film™ TVs at CES
Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that three leading LCD television manufacturers are exhibiting televisions using Nanoco CFQD® Fine Color Film™ at this year's CES, the international consumer electronics show opening tomorrow in Las Vegas.
The three manufacturers, Hisense Electric Co Ltd ("Hisense"),TCL and TPV Philips ("TPV"), are all displaying large screen, ultra high definition, wide colour gamut LCD televisions at Nanoco's presentation and marketing suite at CES. The developmental televisions all use CFQD® Fine Color Film™, the cadmium-free quantum dot film produced through Nanoco's commercial relationship with Taiwan's Wah Hong Industrial Corporation ("Wah Hong"). The film incorporates cadmium-free quantum dots produced at Nanoco's Runcorn production plant.
Hisense, TCL and TPV produce tens of millions of LCD TVs each year and have a major and growing presence in international LCD television markets.
The televisions will be on display at Nanoco's marketing suite at CES from 5-8 January 2017.
Michael Edelman, Nanoco's Chief Executive Officer, said: "We are delighted that Hisense, TCL and TPV are all displaying demonstrator LCD televisions at the Nanoco presentation suite at this year's CES. These demonstrator televisions reflect the high level of interest in our CFQD® Fine Color Film™ produced with our commercial partner Wah Hong. We are very pleased with the pace of commercialisation under the agreement with Wah Hong, which was signed in July last year."
For further information, please contact:
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Nanoco |
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Michael Edelman, Chief Executive Officer |
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David Blain, Chief Financial Officer |
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Caroline Watson, Investor Relations Manager |
Tel: + 44 (0) 7799 897357 |
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Peel Hunt |
Tel: +44 (0) 20 7418 8900 |
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Adrian Trimmings |
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George Sellar |
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Buchanan |
Tel: +44 (0) 20 7466 5000 |
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Mark Court / Sophie Cowles / Stephanie Watson |
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Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.
Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEU Supply PLC : Contract wins
RNS Number : 6630S EU Supply PLC 23 December 2016 23 December 2016 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract wins EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has entered into a contract for enhancements……
RNS Number : 6630S
EU Supply PLC
23 December 2016
23 December 2016
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract wins
EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has entered into a contract for enhancements of its CTMTM platform with an existing customer in the UK.
The enhancement contract is expected to generate revenues of approximately £100,000, including maintenance and support, with the project work commencing in December 2016 and is expected to be completed in the first half of 2017.
In addition, the Group has been awarded several new smaller contracts in Scandinavia. Two of these contracts for EU Supply's CTMTM platform have been entered into with Verdo A/S, a leading European renewable energy group, and the Danish Ministry of Employment, which further consolidate the Group's strong market position in Denmark.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 7,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEVR Holdings PLC : Content & distribution agreement with Warner Music
RNS Number : 5455S EVR Holdings PLC 22 December 2016 For Immediate Release 22 December 2016 EVR Holdings plc ('EVR' or the 'Company') Warner Music Inc. signs global VR content and distribution agreement with MelodyVR and simultaneously receives entitlement to subscribe for 43,239,926 million shares in EVRH……
RNS Number : 5455S
EVR Holdings PLC
22 December 2016
For Immediate Release 22 December 2016
EVR Holdings plc
('EVR' or the 'Company')
Warner Music Inc. signs global VR content and distribution agreement with MelodyVR and simultaneously receives entitlement to subscribe for 43,239,926 million shares in EVRH at 4.25p per share
Agreement further strengthens EVR's position at the forefront of global virtual reality content creation
EVR Holdings plc (AIM: EVRH), a leading creator of virtual reality ('VR') music content, is pleased to announce that its subsidiary MelodyVR Ltd ('MelodyVR') has signed a VR content creation and distribution agreement with Warner Music Inc. and WEA International Inc. (collectively, 'Warner'). Warner, one of the three largest record companies in the world, reported digital sales in 2015 of US$1.24 billion and owns and operates a number of successful record labels including Atlantic Records, Parlophone Records and Warner Bros. Records.
The framework agreement is intended to facilitate the creation and distribution of Virtual Reality content featuring Warner artists. As part of the relationship, MelodyVR will receive the right to distribute both live and pre-recorded content created with Warner artists via its music platform for an exclusive period, followed by a period of joint-exploitation by both parties.
The Company is also pleased to announce that Warner Music Inc. will, in addition, receive an entitlement to subscribe for 43,239,926 ordinary £0.01 shares in EVR Holdings PLC, exercisable until the 5th anniversary of today's date, at an exercise price of 4.25p.
The content and distribution agreement will enhance Melody's distribution capabilities with respect to its extensive content library.
Anthony Matchett, CEO of EVR Holdings, said: "Entering into a framework agreement with one of the world's leading rights holders in music is a significant milestone for MelodyVR and I'm delighted to announce that we've signed a virtual reality creation and distribution agreement with Warner. The agreement aims to streamline the creation and distribution of virtual reality content featuring Warner artists and also unlocks a substantial portion of our existing content library for commercial exploitation. Warner Music represents a number of the world's most recognised artists and over the coming years we are looking forward to creating even more content with their outstanding roster of talent. We believe that Warner's request to subscribe for 43,239,926 shares shows both their confidence and conviction in the enormous potential of virtual reality as well as in the long-term success of EVR Holdings and the MelodyVR platform. We look forward to working even more closely with Warner Music moving forwards. "
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For further information:
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EVR Holdings plc |
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Sean Nicolson, Chairman |
Tel: +44 (0) 20 7466 5000 |
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SPARK Advisory Partners Limited (Nominated Adviser) |
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Neil Baldwin / Sean Wyndham-Quin |
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Peterhouse Corporate Finance Limited (Broker) |
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Buchanan |
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Ben Romney / Jamie Hooper Stephanie Watson / Catriona Flint |
Tel: +44 (0) 20 7466 5000 |
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www.buchanan.uk.com |
Notes to Editors:
MelodyVR
MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc.
The Company has successfully built a VR content library of over 500 globally-renowned artists as well as having secured a number of long-term partnerships, obtaining exclusive recording rights for the creation and distribution of VR content across a total of 58 worldwide event properties and music venues. Further information can be viewed at www.evrholdings.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEVR Holdings PLC : Launch of beta app & appointment of VP Marketing
RNS Number : 6057S EVR Holdings PLC 22 December 2016 For immediate release 22 December 2016 EVR Holdings plc ('EVR' or the 'Company') MelodyVR announces launch of highly anticipated beta app on Christmas Eve and the appointment of Nikki Lambert as Vice President, Marketing EVR Holdings……
RNS Number : 6057S
EVR Holdings PLC
22 December 2016
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For immediate release |
22 December 2016 |
EVR Holdings plc
('EVR' or the 'Company')
MelodyVR announces launch of highly anticipated beta app on Christmas Eve
and the appointment of Nikki Lambert as Vice President, Marketing
EVR Holdings plc (AIM: EVRH), a leading creator of virtual reality content, is pleased to announce that its subsidiary MelodyVR Ltd ('MelodyVR') will launch a beta version of its music platform on 24 December 2016.
MelodyVR will launch a staged beta programme to a closed group of users who will experience advanced platform functionality and exclusive content, accessible via Samsung Gear VR devices, during the holiday period and beyond. The initial user group, comprising a broad range of geographies and demographics, aims to collect insights and data relating to how consumers interact with the music service.
With a number of new Virtual Reality ('VR') Head-Mounted Displays ('HMDs') released throughout October and November 2016, including PlayStation VR and Google Daydream, consumers are now enjoying even greater accessibility to VR devices and an ever broadening variety of VR experiences. Mark Zuckerberg announced on the 5 October 2016 at Oculus Connect 3 in San Jose, that the number of active Samsung Gear VR users has now hit 1,000,000 per month. The timing of MelodyVR's beta launch and choice of launch platform coincides with a period of unprecedented accessibility to VR headsets with consumer demand for VR music content reaching an all-time high.
The Company is also pleased to announce the appointment of Nikki Lambert, as VP of Marketing. Nikki brings in-depth marketing knowledge, established through 15 years of creating and building global consumer brands in the technology and music space. In her 10 years with the Virgin Group Nikki was instrumental in launching and managing multiple mobile, radio and festival businesses across Asia, Africa and Europe. Prior to joining MelodyVR, Nikki spent five years working at Spotify. One of the first senior marketing hires into the organisation, Nikki led international marketing efforts, including launches in Germany, Indonesia and Japan in parallel with growing the brand and subscriber base in wider Europe, Spotify's most mature region.
In this newly created role, Nikki will report to Anthony Matchett, building and leading the marketing organization. Responsible for strategic and operational marketing efforts and launch activities for the company, Nikki will also drive brand development and all consumer insight efforts, including management of the beta programme.
Speaking about the upcoming launch, Anthony Matchett, CEO of EVR Holdings, said: "Following on from the overwhelming success of our partnership with Telefonica, we are delighted to announce the upcoming launch of our beta programme and the appointment of Nikki Lambert as VP of Marketing. The 2016 holiday season is a time of particular interest to our company and we look forward to seeing increased user adoption and market penetration of virtual reality devices throughout this period and beyond. On the 24 December 2016, we will launch a staged beta programme reaching up to one thousand initial users throughout Europe and the USA. The programme, managed internally and available to select Samsung Gear VR users via Oculus home, will enable our company to harness data and feedback regarding user interaction and content preferences as consumers utilise their VR devices throughout the holiday period. As the VR ecosystem develops over the coming months, we look forward to inviting even more users to our beta programme in advance of the wider consumer release of our product in 2017."
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For further information:
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EVR Holdings plc |
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Sean Nicolson, Chairman |
Tel: +44 (0) 20 7466 5000 |
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Anthony Matchett, Chief Executive Officer |
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SPARK Advisory Partners Limited (Nominated Adviser) |
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Neil Baldwin / Sean Wyndham-Quin |
Tel: +44 (0) 203 368 3550 |
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www.sparkadvisorypartners.com |
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Peterhouse Corporate Finance Limited (Broker) |
Tel: +44 (0) 20 7469 0930 |
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Eran Zucker / Lucy Williams |
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Media enquiries:
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Buchanan |
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Ben Romney / Jamie Hooper Stephanie Watson / Catriona Flint |
Tel: +44 (0) 20 7466 5000 |
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www.buchanan.uk.com |
Notes to Editors:
MelodyVR
MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc.
The Company has successfully built a VR content library of over 500 globally-renowned artists as well as having secured a number of long-term partnerships, obtaining exclusive recording rights for the creation and distribution of VR content across a total of 50 worldwide event properties and music venues. Further information can be viewed at www.evrholdings.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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