Core Business PLC (The)
12 October 2006
For immediate release
12 October 2006
Ministry of Sound Licensing Agreement Update
The Core Business, the innovative beauty brand building business announced on 29
June 2006 that it had entered into a licensing agreement with Ministry of Sound
to develop a range of personal care products.
Ministry of Sound has now notified The Core Business of its decision to
terminate the licensing agreement. Discussions on the terms concerning that
termination are ongoing.
Stirling Murray, Chief Executive of The Core Business, said:
'Although we are disappointed with the decision by Ministry of Sound to end the
contract, we have a number of continuing contracts with major clients and a
strong pipeline of new business.'
ENDS
For further information, please contact:
The Core Business plc
Stirling Murray, Chief Executive 020 7483 4300
www.thecorebusiness.co.uk
Aquila Financial Ltd
Peter Reilly 020 7202 2601
Vivienne Macey 020 7202 2602
www.aquila-financial.com
ARM Corporate Finance
Nick Harriss 020 7512 0191
This information is provided by RNS
The company news service from the London Stock Exchange