Papa's got a brand new listing

Papa Entertainment, a company focused on the entertainment, music and media industries, has started its life as a public company on the PLUS market.

The group's first acquisition was Mission Entertainment Group, which it bought on July 24th. Payment was through the issue of Papa Entertainment shares.

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The company's business consists of the delivery of music to the listener, incorporating writing, recording, marketing and distribution, label management and production.

It is the intention of Papa's board to develop the group's business organically, although acquisition of other companies or businesses will be considered if the directors consider that such acquisitions would be in the best interests of the group.

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