VCL Film + Medien AG
VCL Film + Medien AG: Negotiations of Cooperation continues
VCL Film + Medien AG / Alliance/Restructure of Company 05.05.2010 19:27 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 5th of May 2010 - Today the VCL Film + Medien AG has signed a letter of intent with SpiritON Media Group plc and CCV Cinema UK Ltd for comprehensive options of cooperation. All three companies see potentials and synergies in relation to their own activities: VCL Film + Medien AG in view of the ongoing restructuring in an economical threatening situation and SpiritON Media Group plc and CCV Cinema UK Ltd in relation with their own plans of expansion. The SpiritON Media Group plc is already engaged in VCL Film + Medien AG as new owner of a convertible bond issued in 2006 and 2007 as part of a capital procurement in that time. The CCV Cinema UK Ltd has proclaimed strong interest to become a partner in VCL Communications GmbH. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: VCL Film + Medien AG is one of Germany's independent DVD program providers in the home entertainment sector. With around 29 years of experience, VCL is able to offer a wide variety of movies: from blockbusters to genre films, from cartoon series to top-quality edutainment and special interest programs. 05.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: VCL Film + Medien AG Wolfratshauser Str. 84 81379 München Deutschland Phone: +49 (0)89 354 97-0 Fax: +49 (0)89 354 97-357 E-mail: IR@vcl.de Internet: www.vcl.de ISIN: DE0003304374 WKN: 330437 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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