Papa Entertainment PLC

November 04, 2013 02:00 ET

Change of Adviser

Press Release                                                                       4 November 2013

                                      Papa Entertainment plc
                            ("Papa Entertainment" or the "Company")
                                         Change of Adviser

Papa  Entertainment  Plc  (ISDX: PAPP),  a specialist UK group focused  on  the  music  and  media
industries,  announces the appointment of Allenby Capital Limited as its ISDX adviser  and  broker
with immediate effect.

                                             - Ends -

For further information, please contact:

Papa Entertainment plc                                                                            
Harry Cowell, Chief Executive                                            Tel: +44 (0) 20 8977 0632

Allenby Capital Limited                                                 Tel:  +44 (0) 20 3325 5656
Alex Price                                                                                        
Michael McNeilly                                                                                  
Will Richie                                                                                       

Media enquiries:
Henry Harrison-Topham / Joanne Shears                                    Tel: +44 (0) 20 7398 7709                                  

Notes to Editors

Papa  Entertainment  was  incorporated as a vehicle for the  purpose  of  acquiring  companies  or
businesses  engaged in the entertainment, music and media industries. Papa Entertainment  acquired
Mission Entertainment Group Limited and its subsidiaries (the "Mission Group") in July 2012.

Papa  Entertainment is led by its Chief Executive Officer, "Sir" Harry Cowell,  who  has  over  25
years' experience in the music industry.

The  Company's Non-Executive Chairman is Korda Marshall, who has during his career signed artists,
directed major label A&R departments, produced, executive produced and been a managing director of
three  recording  companies and has worked with performers including Take That,  MUSE,  Ash,  Paul
Oakenfold, the Eurythmics, Dave Stewart, Peter Andre, Garbage, James Blunt, Gnarls Barkley and The
Darkness,  personally  signing  or  negotiating with several of these  artists.  Korda's  signings
include Mercury Music Prize winning band Alt-J.

Simon  Napier-Bell, a Non-Executive Director of Papa Entertainment, has enjoyed a long  career  in
the  entertainment  industry,  commencing in the 1960s,  with  notable  highlights  including  the
management of well-known artists such as "Wham!" and the "Yardbirds" and the co-writing of the No.
1 Hit Single "You don't have to say you love me" for Dusty Springfield.

The  Mission Group is a group of music production and publishing companies with studio and  office
facilities  in Kingston-Upon-Thames, South West London. The Mission Group's business  consists  of
the   delivery  of  music  to  the  listener,  incorporating  writing,  recording,  marketing  and
distribution, label management and production.  The Company's policy through concentrating all the
Group's operations under one roof and utilising its own studios is to consolidate the functions of
music production and publishing in-house in order to manage costs and to integrate functions  that
would  otherwise  be  subject to external contracting. Various contracts,  artists,  projects  and
agreements are signed to the Mission Group's companies.

Papa  Entertainment  was  admitted  to the ISDX Growth Market  on  14  September  2012.  For  more
information on the Company please visit:

Contact Information

  • Papa Entertainment PLC