Media Content PLC
7 February 2000
MEDIA CONTENT PLC APPOINTMENT OF NON-EXECUTIVE
AND PLACING OF SHARES
Media Content PLC ('Media Content' or the 'Company') has
confirmed today the appointment of Leonard (Len) M. Fertig,
52, as a Non-Executive Director of the company.
Len Fertig joins the Board from an extensive career in
global and US media.
Highlights include:
Taking a media company from a start-up to a $200 million
turnover with dominant positions in seven markets,
Listing a media company on NASDAQ, and whilst CEO of the
same company helping to grow its capitalisation to US$750m,
Raising $500m from public equity and bond offerings,
Forming the US's first pay-per-view network.
Len's previous directorships (held over the last five years)
include:
Central European Media Enterprises Ltd
CME Development Corporation
CME Programming Services Ltd
Pro Plus d.o.o (Slovenia)
Media Pro International s.a. (Romania)
IMS/Innova Films (Ukraine)
STS-Markiza (Slovakia)
TVN Federation (Poland)
TV3 (Hungary)
His current directorships include:
SDC International Ltd
SDC International Services Ltd
Spice Dogs Communications International NV
Spice Dogs Communications International BV
Spice Dogs Communications Slovenia BV
Spice Dogs Communications Romania BV
Spice Dogs Communications Czech Republic BV
The Acorn Consulting Group Inc
Media Content PLC is an AIM quoted company (stock code MDC).
The company has two divisions: Media Content Sports Media
Advisors Ltd (the operating advisory arm) and Media Content
Development Ltd (the internet and other investments arm).
The Board of Media Content PLC will now be composed of
Robert Montgomery (Chairman and Principal Advisor), Jean-
Paul de la Fuente (Chief Executive Officer), Jean-Francois
Denis (Managing Director) and Len Fertig (Non-Executive
Director). Michael Edelson, Non-Executive Director at the
time of Media Content's reverse flotation in March 1999, is
stepping down in order to fulfil other obligations.
In addition, Media Content PLC is pleased to announce the
placing of 2 million ordinary shares in the capital of the
Company in order to raise £300,000. The purpose of the
fundraising is to provide additional working capital for
the Company.
Application has been made for admission of the new shares to
AIM and dealings are expected to commence on Tuesday 8
February.
Enquiries:
Ian Currie/Paul Lines
Apax Partners & Co. Capital Limited 0161 831 9133
Tim Jackaman
Square Mile Communications Limited 0171 601 1000
Jean-Paul de la Fuente
Media Content PLC 0702 1136550
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