Result of AGM

RNS Number : 4596Y

Boomerang Plus PLC

22 December 2010

 



Date:                        22 December 2010

On behalf of:            Boomerang Plus plc ('Boomerang')

For immediate release

Boomerang Plus plc

Result of Annual General Meeting 

The Board of Boomerang (AIM: BOOM.L), a profitable and vertically integrated, multi-genre, independent television production group operating within the Nations and Regions, is pleased to announce that at its Annual General Meeting held at 1200hrs today, all resolutions were duly passed.

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Enquiries:

For further information, please contact:

Boomerang Plus plc	Via Redleaf Communications
Huw Eurig Davies, Chief Executive
Mark Fenwick, Finance Director
Redleaf Communications	020 7566 6700
Anna Dunkin / Rebecca Sanders-Hewett	[e-mail]
Altium Capital	020 7484 4040
Tim Richardson / Melanie Szalkiewicz

Boomerang Plus plc

§ Boomerang, founded in 1994, has extensive experience in producing content in a variety of genres, including entertainment, factual, sport, music, drama, and children's programming for television, radio and the web.

§ The Group operates across the whole spectrum of creative industry activities including content production, post-production services, television facilities, and talent management.

§ Boomerang aims to be independent television production company of choice to the Network broadcasters looking to fill their Ofcom quotas from the 'Nations and Regions' (broadcasters must source between 10% and 50% of qualifying programme hours from outside the M25 boundary).

§ Boomerang is ranked in the top five independent television production companies, by revenue, in the Nations and Regions according to the Broadcast Survey 2010.

§ Boomerang's strategy is to continue to produce high quality content across a breadth of genres and to become a leading producer of AFP and digital content and services. The Group also aims to achieve strong organic growth by leveraging its existing customer base and making strategic acquisitions, with a view to becoming a major supplier to UK networks looking to satisfy their Nations and Regions quotas.

 

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