Falcon Media House Ltd – Acquisition and Cancellation of the Founder Share

25 August 2017

Falcon Media House (LSE:FAL), the global digital media group focused on the over-the-top (‘OTT’) market, is pleased to announce the signing of a Share Purchase Agreement (‘SPA’) with GSC SICAV plc (the ‘Founder’) to acquire the Founder Share for consideration of £8.00 (eight pounds).  The Founder Share has subsequently been cancelled.


There was only one Founder Share in issue and whilst, at the time of the acquisition, it carried no rights to dividends or distributions and no voting rights it granted the holder the right to appoint, and remove any Directors so appointed, up to three Directors.


Gert Rieder, Chief Executive Falcon Media House, commented, “The original purpose of the Founder Share was to provide a protection mechanism for the Founder shareholder and I am pleased that, following on from: the recent purchase of the Quiptel Group; the Re-Admission of the enlarged Group to trading on the London Stock Exchange and the numerous subsequent commercial developments, the Board and the Founder have agreed that this protection mechanism is no longer required.  As the Group works hard to develop its operations it follows that the shareholder base will also develop and the Board believe that the acquisition and subsequent cancellation of the Founder Share marks an important milestone in this process.”

For more information visit or enquire to:


Falcon Media House Limited

Gert Rieder

St Brides Partners Ltd (PR)

Isabel de Salis / Olivia Vita / Frank Buhagiar


+44 (0) 20 7236 1177


About Falcon Media House & Quiptel

Falcon Media House (LSE:FAL) is a multi-divisional, global internet media group. It is building a new breed of media entertainment house for the way people want to consume live and on-demand video content. Its goal is to create an ecosystem where great technology meets great entertainment ideas and finds the right audience. The Group is capitalising on explosive demand for digital video, streamed “live” and “on-demand” known as the Over-The-Top (OTT) video streaming market.  Falcon Media House operates three distinct and synergistic divisions:

  • Technology Division:Powered by Quiptel’s innovative patented technology enabling “intelligent streaming” (aka Q-Flow) on any network to any device, dramatically improving QoS & QoE and ‘bridging the last mile’.
  • OTTDistribution Division: Providing a white label OTT service, supporting brands and content creators in bringing unique and exclusive content to a global audience.
  • Content Division:Specialist media and production company to produce content for own and third-party broadcast distribution.



This information is provided by RNS

The company news service from the London Stock Exchange