24th Sep 2009 16:09
RNS Number : 6349Z
DQ Entertainment PLC
24 September 2009
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Immediate release
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24 September 2009
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DQ Entertainment plc ("the Company")
Potential Indian IPO of DQ Entertainment (International) Limited
("DQE India")
DQ Entertainment plc (AIM: DQE), the animation, gaming and entertainment production and distribution group is pleased to announce that DQE India, its wholly-owned subsidiary company in India, proposes to raise funds to meet its growth plans by way of a potential public offering in India. It is currently intended that any funds raised by DQE India will be such that the dilution to the Company's beneficial ownership shall be no more than 25%.
For further information, please contact:
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DQ Entertainment plc
Niranjan Prasad - VP Finance & Corporate Affairs
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Tel: +91 40 235 53726
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Religare Hichens Harrison plc
Vineeta Manchanda
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Tel: +44 20 7382 4662
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Blomfield Corporate Finance Limited
A 100% subsidiary of Religare Hichens Harrison Plc
Alan MacKenzie
Peter Trevelyan-Clark
Derek Crowhurst
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Tel: +44 20 7489 4500
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Buchanan Communications
Mark Edwards
Jeremy Garcia
Miranda Higham
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Tel: +44 20 7466 5000
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This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
DQE.L