Tomb Raider Owner Lists New Shares

SCi puts 700k shares on the market

Posted by Staff
Tomb Raider Owner Lists New Shares
SCi Entertainment - the owner of Tomb Raider and Hitman among others - has applied to the
Financial Services Authority and to London Stock Exchange plc for "the additional listing of 707,071 ordinary shares of 5p each ('Ordinary Shares')."

According the information posted to comply with corporate regulations, "This additional listing is pursuant to shares issued as consideration for professional services rendered to the Company under an agreement with Bain & Company".

Bain and Company specialises in helping "management make the big decisions: on strategy, operations, mergers & acquisitions, technology and organization."

SCi, cancelled a potential merger (or acquisition) with an unnamed suitor this January. One of those suitors was rumoured to be Warner Bros. It has been gone through management changes recently, including the appointment of Kevin Tsujihara (president of Warner Bros Home Entertainment Group) to its board in June this year.

Whether the new share issue relates to recent management consultation with Bain is not known. What is known, however, is that Tomb Raider: Underworld has been dated for release.


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