New Licence Agreements

RNS Number : 9083M

International Greetings PLC

24 September 2012

 



24^th September 2012

International Greetings plc (the "Company" or the "Group")

New licence agreements

International Greetings, one of the world's leading designers, innovators and manufacturers of gift packaging & greetings, stationery and creative play products, is pleased to announce that is has signed new licence agreements across the Group's international portfolio.

The Board is pleased to announce that it has recently signed the following agreements: -

-    a new UK license for Moshi Monsters, which is already receiving encouraging levels of forward commitments for the very popular and fast growing range of products;

-    a new Australian license for a comprehensive range of Hello Kitty merchandise licensed products;

-    an extended license with Disney to produce gift packaging products for Eastern European territories.

Paul Fineman, CEO commented:

"We are delighted to announce these major character licence agreements. Moshi Monsters and Hello Kitty are both strong new licences for the Group, while the extension of our Disney license into Eastern European territories demonstrates our ability to develop our existing product range to address new markets.

"We are particularly pleased that these new licence agreements demonstrate the growing demand for our products, from our existing customer base across the Group's core international markets. We look forward to further strengthening our client relationships through our continued focus on innovation and design and excellent client service."

- Ends-

For further information, please contact:
International Greetings plc Paul Fineman, Chief Executive Anthony Lawrinson, Chief Financial Officer	Tel: [phone]
Cenkos Securities plc Bobbie Hilliam	Tel: [phone]
Arden Partners plc Richard Day Jamie Cameron	Tel: [phone]
FTI Consulting Jonathon Brill Georgina Goodhew	Tel: [phone]

 

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