Core builds Ministry C&T

Published: 4-Jul-2006


Brand building business The Core Business is developing the range of personal care products for music, entertainment and lifestyle brands Ministry of Sound and its Hed Kandi brand, announced earlier this year.

There will be a Ministry of Sound men's line including hair, skin, shaving and sun care products and a Hed Kandi women's line including hair, skin, face and body care initially, with colour cosmetics to follow. Both lines are due to launch in April 2007.

Ministry of Sound has been granted an option to subscribe for 2,119,822 ordinary shares at 4p a share, the equivalent of 5% of The Core Business's issued share capital, with further subscription options to be offered in the future.

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