Hi All,
Anyone heard any rumours about Base Group ????
All I know is, that the price went up 86% last week, as one buyer (Crispin Barker - see below !) increased his holding by 8,000,000 shares, to give him 54,750,000, or 6.5% of the company, which is just a cash shell, looking for aquisitions for a reverse takeover. Today the price dropped, and it was ALL buys, 6.2m in total, so I reckon he has bought more, wait for an RNS to show it I reckon.
Crispin Barker is connected to Civilian Content, check out their recent RNS's ....
http://www.advfn.com/p.php?pid=news&cb=1124819100&symbol=L%5ECCN
http://www.variety.com/article/VR1117876399?categoryid=1246&cs=1
Artists Independent Network, the London- and New York-based production/management shingleshingle run by Charles FinchCharles Finch and Luc Roeg, is seeking a merger with Civilian Content, the publicly-listed parent of U.K. lottery franchise The Film Consortium and sales company The Works.
The move has the support of Richard Thompson, Civilian's founder and largest shareholder with 25%.
AIN has lodged a bid to buy the 22.5% stake owned by Crispin Barker, offering a premium upon the current $1.1 million market value of his stock. The deal is contingent upon the Civilian board agreeing the merger, due diligence on both sides and a vote by all Civilian's shareholders.
More ....
Civilian Content buys 5.92 pct stake in aim-listed invstment vehicle Motive TV
LONDON (AFX) - Civilian Content PLC said it has acquired a 5.92 pct stake in
Motive Television PLC, the AIM-listed television investment vehicle headed by
ex-Chrysalis industry veteran, Mick Pilsworth.
Motive TV was established in May 2005 to acquire television production and
licensing businesses in the UK, following recent favourable regulatory changes
in the television market.
Civilian chief executive Chris Auty said: "This is a strategic investment
for the company as we look to further diversify our interests. Recent changes to
the regulatory framework governing terms of trade in the TV sector are clearly
favourable to the production sector, particularly in drama and series." Civilian
Content specialises in film production, finance, UK distribution and
international sales.
Also what could be in store here ????
Civilian Content PLC
03 August 2005
Civilian Content plc
Change of Name
Following the company's recent announcement that it had launched a new
distribution business 'The Works UK Distribution Limited', and with its other
major subsidiary being 'The Works International Sales Company', the Board of
Civilian Content PLC has decided to change the group's name to more fully
reflect its trading names.
Therefore it is proposed to change the name of the group to 'The Works Media
Group PLC'. The previously agreed name change 'Civilian Group PLC' will not be
pursued.
This change of name will be proposed at an Extraordinary General Meeting to be
held on Friday 26th August at the offices of KBC Peel Hunt's offices, notice of
which is being sent to shareholders today and copies of which can be obtained
from the offices of KBC Peel Hunt at 111 Old Broad Street, London EC2N 1PH.
These companies and people are new to me, so does anyone know what the plan might be, and if it's worth a punt ????
Cheers,
PM