KUJU PLC

KUJU PLC

Previous company name
ACRE 526 PLC
Name change date
4/19/2002
Company Overview
Kuju PLC, with registered office in Godalming, United Kingdom, is a designer and developer of interactive computer games for personal computers, video games consoles, the mobile phone game markets and interactive television. Kuju adopted DirectX and 3D accelerators and developed PlayStation 2 technology and X-box specific code. The company, formerly known as Acre 526 PLC, was incorporated in 2001. It publicly traded on the London Stock Exchange’s Alternative Investment Market.
Kuju’s main operating division, Kuju Entertainment, is one of Europe’s leading independent games developers on console, personal computers and wireless platforms. Kuju Entertainment operates five autonomous studios: London, Chemistry, Zoл Mode, Surrey, and Rail Simulator. These studios have specific genre expertise and are world class developers in its respective areas of game development: London – tactical/action, Chemistry – unreal engine video games, Zoл Mode – music and party games, Surrey – online action and Rail Simulator – computer and video games. It develops and publishes wireless games focusing on creating games for the Java and Symbian platforms. These include Fire Warrior for THQ (Toy Headquarters) on PlayStation2 and PC Microsoft Train Simulator as well as Lotus Challenge, Fireblade and Reign of Fire on PlayStation 2 and Xbox. Other products are Eye Toy, Battalion Wars, Call of Duty, Codemaster, Club Football 2005, Suzuki Racing, GT-R400, Warhammer, Reign of Fire, Lotus Challenge, Train Simulator, Halycon Sun, Eagle One and Team Apache.
Kuju develops Sony’s PlayStation 2, PlayStation 3 & PSP (PlayStation Portable), Nintendo’s Wii & DS (handheld gaming device) and Microsoft’s Xbox 360. Its other customers are Electronic Arts, Ubisoft, Konami and Codemasters.
Business Summary
The principal activity of the Group during the year was the design and development of interactive computer games for personal computers, video games consoles, the mobile phone market and interactive television.
Description and history
The Company’ s subsidiary, Kuju Entertainment is an independent games developer on console, PC and wireless platforms. The Company was incorporated on 5 December 2001. Its shares are listed on the London Stock Exchange on 22 May 2002.
Recent hit games worked on include:
Call Of Duty: Finest Hour
– PlayStation2 and Xbox
– Reached number 3 in the charts
– (Kuju developed the multi-player elements)
Eye Toy: Play 2
– PlayStation2
– Reached number 7 in the charts
– (Kuju developed the ‘playrooms’)
Crash Twinsanity
– Wireless
– Reached number 1 in the charts
Warhammer 40,000: Fire Warrior
– PlayStation2 and PC
– Reached number 4 in the charts
Microsoft Train Simulator
– PC
– Reached number 1 in the charts
Lotus Challenge
– On all formats
– Highest placed format reached number 1
As well as these titles, the Company has also delivered Fireblade and Reign Of Fire all on PlayStation 2 and Xbox, various conversions and value titles on console and PC as well as a large number of Java games. The Company is also a developer and publisher of wireless games. This business unit concentrates on creating games for the Java and Symbian platforms.
History:
2005
-Consolidated the positive start made by the new Brighton studio with the signature and successful development of a major Sony funded project: EyeToyTM: Play 3.
-Completed the development of the major first party Nintendo GameCube title: ‘Battalion Wars’ at the London studio.
-Signed a major new PC title, Rail Simulator, with Electronic Arts which was funded in conjunction with Fund4Games.
-Expanded the Sheffield studio with the addition of two new projects with new customers and high expectations of securing follow on work with the studio’s existing customers.
-Signed a new development project with Ubisoft Entertainment S.A. at the Surrey studio.
-Refocused the mobile development studio to working for external publishers.
-Allowed the six development studios to operate more autonomously than before giving greater flexibility in pitching for new work and more accurate cost control.
-Continued modest investments in the Wireless Publishing division.
– Disposal of Kuju Wireless Publishing Ltd in December to Finesse Publishing Limited.
2006
– In collaboration with Sony Computer Entertainment Europe Ltd, it consolidated the good start made by the Brighton Studio with the signature and successful development of a major Sony funded project :EyeToy : Play Sports.
– Continued to work on a major PC title, Rail Simulator, with Electronic Arts, which was funded in conjunction with Fund4Games.
– Signed a new development title Buzz! : The Sports Quiz with Sony at the Sheffield Studio.
– Signed new development titles with Atari and Vivendi Universal Games.
– Signed new development titles with LucasArts and Sega at the Brighton Studio.
Acquisition :
SJ Berwin represented Catalis Development Services Limited, a subsidiary of Catalis N.V., in connection with its recommended offer for the shares of Kuju plc. The cash’ s offer was made on 18 December 2006 at an offer price of 25p per Kuju share, valuing Kuju at approximately Ј4.375 million. On 29 January 2007, Catalis NV said subsidiary Catalis Development Services Ltd has declared that it agreed 25 pence-a-share cash offer for Kuju PLC unconditional in all respects, claiming a total of 13.8 mln Kuju shares, or 87.8 % of the Company.
Delisting:
The Company has announced on 21 March 2007 that London Stock Exchange has approved the cancellation of the admission of the common shares of Kuju plc (GB0031583932) to the AIM. The delisting from London Stock Exchange is effective since March 21, 2007.

Formerly Acre 526 PLC

Business Line
Designer and developer of interactive computer games for personal computers, video games consoles, the mobile phone game markets and interactive television
Subsidiary
FINESSE MOBILE LIMITED
Advisor
BDO STOY HAYWARD LLP
IPO date
5/22/2002
US SIC Code
7371
Company Address
Unit 10 Woodside Park
Catteshall Lane
City province or state postal code
GU7 1LG, GODALMING
Phone: +44 1483 414 344
Fax: +44 1483 414 287
Country address: UNITED KINGDOM
Website url: www.kuju.com