Sports Stars Media to announce AIM float
Sunday 11 December 2011
A sports cartoon business with exclusive rights to use the image of Portuguese football manager José Mourinho is set to announce its intention to float tomorrow.
Sports Stars Media, a sports personality animation business based in Portugal, plans to list on AIM in February, raising £1.75m. This would take its market capitalisation to £3.75m.
The group is meeting potential investors in London and will be marketing its plans to produce cartoon sports series for children's TV.
The first series will be called Mourinho & the Special Ones – a play on the Real Madrid manager's nickname. SSM, which also wants to license merchandise from the series, has the rights to use Mourinho's image for the purposes of developing and marketing the CGI animation.
The directors of SSM are banking on the fact that television production costs are cheaper in Portugal compared with North America, where many of the production houses for children's cartoons are based.
Two of SSM's directors have produced the children's CGI animation series Gombby's Green Island, which has been broadcast in Portugal since early last year.
- 1 This 'woman calls police to order pizza' story isn't going where you're expecting
- 2 Axe wielding man shot dead after attacking four New York policemen on busy street
- 3 Watch what happened when food critics were unknowingly served McDonald's
- 4 Jimmy Carr's Oscar Pistorius joke goes a bit too far at the Q Awards
- 5 Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
Renee Zellweger on plastic surgery rumours: 'I'm living a more fulfilling life and I'm thrilled that perhaps it shows'
FCKH8: YouTube reinstates provocative anti-sexism video showing young girls swearing
Axe wielding man shot dead after attacking four New York policemen on busy street
This 'woman calls police to order pizza' story isn't going where you're expecting
Jimmy Carr's Oscar Pistorius joke goes a bit too far at the Q Awards
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Attacks on 'Ukip Calypso' show how skewed people’s priorities are
London bus driver 'kicks gay couple off for kissing'
iJobs Money & Business
£60000 per annum: Ashdown Group: Compensation and Benefits Manager - Compensat...
£30000 - £35000 Per Annum plus excellent benefits: Clearwater People Solutions...
£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...
£50000 - £90000 per annum + benefits: Ampersand Consulting LLP: Markit EDM (CA...