| Ticker: | EIDSY | Ferry House, 51-57 Lacy Road, Putney | |
| Exchange: | NASDAQ-National Market | London, Foreign SW15 1PR | |
| Industry: | High-Tech |
| Type of Shares: | American Depositary Receipts | Filing Date: | 11/19/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 12/12/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $12.42 | |
| Primary Shares: | 3,000,000 | Offer Price: | $12.13 | |
| Secondary Shares: | 0 | Gross Spread: | $0.91 | |
| Offering Amount: | $37,260,000 | Selling: | $0.54 | |
| Expenses: | $2,750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 18,286,910 |
| Manager | Tier | Phone |
| J.P. Morgan Securities Inc. | Lead Manager | (212) 648-9922 |
| Volpe, Welty & Company | Co-manager | (415) 956-8120 |
| Auditor: Coopers & Lybrand | |||||
| 6 Month Ending Financials | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 3/31/96 | 9/30/96 | 9/30/96 | |||
| Revenue: | $5.68 | $32.08 | Assets: | $60.25 | |
| Net Income: | $2.90 | -$7.51 | Liabilities: | $23.81 | |
| EPS: | -$0.57 | -$0.60 | Equity: | $36.44 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops and publishes interactive software products and advanced video compression technologies. Through the recent acquisition of four interactive software companies, Domark Group Limited, Simis Limited, The Big Red Software Company Limited and CentreGold plc, the company has built a development group of over 200 employees, which the company believes represents one of the largest internal development groups in the interactive software industry. Through its acquisitions, the company has also established a diversified interactive software portfolio that includes many popular multimedia personal computer and dedicated console titles. The company and its collaborative partners are currently developing over 40 titles for three primary platforms: the MPC, Sony PlayStation and Sega Saturn. The company has built a substantial and growing library of proprietary technologies for use in software development, including 3D models, texture maps, development tools, game engines and compression-decompression algorithms, that the company believes provide it with a competitive advantage in the growing interactive software market. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for investments in and acquisitions of complementary businesses, development groups, titles and artistic content, internal product development, working capital and other general corporate purposes. |
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