Quarterly Review
30 Juillet 2009 - 9:19AM
UK Regulatory
TIDMUMP
RNS Number : 5473W
UMP PLC
30 July 2009
UMP PLC
30 July 2009
Quarterly Review
UMP Plc (the "Company or "UMP") is pleased to announce a review of its
activities for the quarter ended 30 June 2009.
The Company had scheduled its film releases for the year to commence in the
period from July to September 2009 to follow the IPL cricket and the Twenty 20
World Cup. As such, there were no releases during the quarter. As announced on
11 June 2009, the recent discussions between United Producers and Distributors
Forum and the national multiplex cinema chains in India have concluded and the
Company expects to release its first movie of the year in August 2009.
OFFER FOR UMP PLC
As announced on 20 July 2009, the Independent UMP Directors have reached
agreement on the terms of a recommend proposal for the acquisition of the
Company by the board of UTV Software Communications Limited ("UTV"). Full
details of this proposal are available in the announcement of 20 July 2009 which
is available on the Company's website www.utvmotionpictures.com
UPCOMING RELEASES
Further to the announcement of 17 June 2009, the Company has amended its movie
release schedule to 14 movies for the year on account of changes in production
schedules.
+------------------+---------------+--------------------------------------+
| Movie Name | Expected | Star Cast |
| | Release Date | |
+------------------+---------------+--------------------------------------+
| Agyaat | August 2009 | Nitin, Priyanka Kothari, Gautam |
| | | Rode, Ravi Kale, Ishrat Ali, Howard |
| | | Rosemeyer, Kaliprasad, Rasika |
| | | Duggal, Joy Fernandes & Ishteyak |
| | | Khan |
+------------------+---------------+--------------------------------------+
| Kaminey | August 2009 | Shahid Kapur, Priyanka Chopra & Amol |
| | | Gupte |
+------------------+---------------+--------------------------------------+
| Aagey Se Right | September | Shreyas Talpade, Shiv Pandit, Mahie |
| | 2009 | Gill, Shehnaz Treasuryvala, Vijay |
| | | Maurya & Kay Kay Menon |
+------------------+---------------+--------------------------------------+
| What's your | September | Harman Baweja & Priyanka Chopra |
| Raashee? | 2009 | |
+------------------+---------------+--------------------------------------+
| Wake Up Sid | October 2009 | Ranbir Kapoor & Konkana SenSharma |
| | | |
+------------------+---------------+--------------------------------------+
| Main Aur Mrs | October 2009 | Salman Khan, Kareena Kapoor & Sohail |
| Khanna | | Khan |
+------------------+---------------+--------------------------------------+
| Ken Ghosh's | November | Shahid Kapur & Genelia D'Souza |
| untitled | 2009 | |
+------------------+---------------+--------------------------------------+
| Qurbaan | November | Saif Ali Khan & Kareena Kapoor |
| | 2009 | |
+------------------+---------------+--------------------------------------+
| Hook Ya Crook | December | John Abraham, Shreyas Talpade, |
| | 2009 | Genelia D'Souza & Kay Kay Menon |
+------------------+---------------+--------------------------------------+
| Seasons | January 2010 | Tabu, Shreyas Talpade, Sohail Khan, |
| Greetings | | Vatsal Seth, Javed Jaffery, Shilpa |
| | | Shukla, Ashish Choudhary, Saurabh |
| | | Shukla & Amrita Arora |
+------------------+---------------+--------------------------------------+
| Rajneeti | January 2010 | Nana Patekar, Ajay Devgan, Arjun |
| | | Rampal, Ranbir Kapoor, Katrina Kaif, |
| | | Manoj Bajpai & Naseeruddin Shah |
+------------------+---------------+--------------------------------------+
| Peter Gaya Kaam | February | Rajeev Khandelwal & Lekha Washington |
| Se | 2010 | |
+------------------+---------------+--------------------------------------+
| Paan Singh Tomar | February | Irrfan & Mahie Gill |
| | 2010 | |
+------------------+---------------+--------------------------------------+
| Phillum City | March 2010 | John Abraham & Others |
+------------------+---------------+--------------------------------------+
There are four movies planned for release in the forthcoming quarter, each one
in a different genre, and the Directors expect that these movies will perform
well at the box office. The Company has an unparalleled release slate of 14
movies to be released during this financial year.
Target markets are global as UTV Motion Pictures distributes its products in 32
different countries.
Ronnie Screwala, Chairman of UMP said, "This quarter we focused our attention on
planning the production, marketing and distribution strategies for our
forthcoming release slate of 14 movies over the coming three quarters. We are
confident that our line-up of movies across genres, stars casts and scale, will
provide audiences in India and around the world with year round entertainment
options."
CONTACTS
UMP Plc +2307882715
B L Gautam - COO
Grant Thornton UK LLP (Nomad) +44 207 383 5100
Fiona Owen
Jermyn Capital Partners Plc (Broker) +44 207 399 2020
Mehmet Ahmed/ Christopher Morris
This information is provided by RNS
The company news service from the London Stock Exchange
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