Papa Entertainment PLC

LSE : PAPP


January 21, 2013 07:47 ET

Result of General Meeting

                                                                                       21 January 2013

                                      Papa Entertainment plc
                                                 
                              ("Papa Entertainment" or the "Company")
                                                 
                                     Result of General Meeting

Papa  Entertainment  Plc  (ISDX:PAPP),  a specialist UK group  focused  on  the  music  and  media
industries,  confirms  that all resolutions put to shareholders at the Company's  General  Meeting
held today were duly passed.

     The Directors of the Company accept responsibility for the contents of this announcement.

                                             - Ends -

For further information, please contact:
Papa Entertainment plc                                                                            
Harry Cowell, Chief Executive                                            Tel: +44 (0) 20 8977 0632
                                                                      www.papaentertainmentplc.com

SVS Securities Plc                                                                                 
Peter Ward                                                                Tel: +44 (0) 20 7638 5600
Alexander Brearley                                                            www.svssecurities.com

Media enquiries:
Abchurch                                                                                          
Joanne Shears / Jamie Hooper                                             Tel: +44 (0) 20 7398 7709
joanne.shears@abchurch-group.com                                            www.abchurch-group.com




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  has  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, who have just gone  into  the  Top  100
Billboard  Album  Chart in the USA at 87, and are still at number 29 in the UK  Music  Week  Album
Charts after 30 weeks.

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: www.papaentertainmentplc.com

Contact Information

  • Papa Entertainment PLC