Trading update
November 15 2005 - 9:33AM
UK Regulatory
RNS Number:1665U
RAM Investment Group PLC
15 November 2005
Press Release
15 November 2005
RAM develops global marketing
for 2006 FIFPro Awards
After the launch of the FIFPro World XI Player Awards in September 2005, RAM
Investment Group plc (RAM) today announces a number of key marketing changes for
the 2006 FIFPro Awards. Whilst revenues from the event were below expectations,
the Directors believe that a successful platform for the future was established.
The agreement with Celador International to produce and market the FIFPro Awards
has terminated. However, the key production personnel, who have now left
Celador, are in discussions with RAM to produce the television programme of the
FIFPRO World XI Player Awards 2006.
RAM has appointed, as the exclusive commercial agency, Parallel Media Group Plc
(PMG), a global media and sports marketing company. PMG's responsibilities will
include, the negotiation of future venues for the FIFPro Awards, the sale of
sponsorship for the 2006 and future Awards, the international television
distribution of the 2006 and future Awards, the general commercialisation of the
Awards including working with international SMS providers.
PMG has eighteen years experience in these areas and has been successful in
negotiating both multiple host venues and sponsorship agreements for over 50 PGA
Tour Golf Tournaments worldwide. PMG has raised over US$ 200 million in
sponsorship in this period.
Laurence Selman, Director of RAM said, "I am confident that we have established
the FIFPro Awards as a global brand. I look forward to building from this
platform to make the FIFPro Awards one of the premier sporting Awards in the
world.
"We are delighted to have PMG working with us, their expertise in sponsorship,
media and sport will be invaluable, as we increasingly seek a more global
audience."
David Ciclitira, Group President and CEO of PMG said, "We are very excited at
PMG to be involved with the FIFPro Awards. We are already in discussion with
three different venues for the 2006 Awards. Following a very successful Sportel
(International Sports and Television Conference held in Monaco) we are confident
that we will significantly increase the broadcast coverage of the 2006 event and
look forward to helping make the FIFPro Awards become an established part of the
world sporting calendar."
- ENDS -
For information please contact:
Tim Blythe / Loic Echaubard
0207 053 6000
Beattie Communications
Laurence Selman, Director
0208 349 2001
RAM Investment Group plc
Notes to Editors
About RAM Investment Group PLC
RAM Investment Group is an AIM listed investment company that focuses on
investment opportunities in the media, leisure and property sectors,
specifically seeking low risk, high return investments.
About Parallel Media Group (PMG)
AIM quoted Parallel Media Group plc (PMG) is a global media, marketing and
sports management company. The company owns one of the largest asset portfolios
in golf and has organised and promoted over 100 professional tournaments since
its inception 18 years ago. The key areas of the business are in Asia,
particularly in China and South East Asia, the Spanish speaking Americas, and
Europe where PMG owns extensive commercial and broadcast rights.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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