UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One):
o
Form 10-K
x
Form
20-F
o
Form
1l-K
o
Form 10-Q
o
Form
N-SAR
For
Period Ended:
June
30, 2007
|
o
Transition Report on Form
10-K
|
SEC FILE NUMBER
|
|
o
Transition Report on Form
20-F
|
000-21743
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|
o
Transition Report on Form
11-K
|
|
|
o
Transition Report on Form
10-Q
|
CUSIP NUMBER
|
|
o
Transition Report on Form
N-SAR
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360912109**
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For
the
Transition Period Ended:
**
-
There is no CUSIP number assigned to the ordinary shares. CUSIP number 360912109
has been assigned to the American Depositary Receipts of Futuremedia Public
Limited Company, which are quoted on the NASDAQ Small Cap Market under the
symbol FMDAD
Read
Instruction (on back page) Before Preparing Form. Please Print or
Type.
Nothing
in this form shall be construed to imply that the Commission has verified
any
information
contained herein.
If
the
notification relates to a portion of the filing checked above, identify the
Item(s) to which the notification
relates: ________________________
PART
I - REGISTRANT INFORMATION
FUTUREMEDIA
PUBLIC LIMITED COMPANY
Full
Name
of Registrant
__________________________________________
Former
Name if Applicable
NILE
HOUSE, NILE STREET
Address
of Principal Executive Office (Street and Number)
BRIGHTON,
EAST SUSSEX BNI 1HW, ENGLAND
City,
State and Zip Code
PART
II - RULES 12b-25(b) AND (c)
If
the
subject report could not be filed without unreasonable effort or expense
and the
registrant seeks relief pursuant to Rule 12b-25(b), the following should
be
completed. (Check box if appropriate)
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|
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(a)
The reasons described in reasonable detail in Part III of this
form could
not be eliminated without unreasonable effort or
expense;
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x
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(b)
The subject annual report, semi-annual report, transition report
on Form
10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
filed on or
before the fifteenth calendar day following the prescribed due
date; or
the subject quarterly report of transition report on Form 10-Q,
or portion
thereof will be filed on or before the fifth calendar day following
the
prescribed due date; and
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|
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(c)
The accountant's statement or other exhibit required by Rule 12b-25(c)
has
been attached if applicable.
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PART
III - NARRATIVE
State
below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
The
Company requires additional time to prepare its consolidated financial
information and Form 20-F for its fiscal year ended June 30, 2007.
PART
IV - OTHER INFORMATION
(1)
Name
and telephone number of person to contact in regard to this
notification
|
George
G. O’Leary
|
+44
(0) 1273 829 700
|
|
(Name)
|
(Telephone
Number)
|
(2)
Have
all other periodic reports required under Section 13 or 15(d) of the Securities
Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940
during
the preceding 12 months (or for such shorter) period that the registrant
was
required to file such reports) been filed? If answer is no, identify
report(s).
x
Yes
o
No
(3)
Is it
anticipated that any significant change in results of operations from the
corresponding period for the last fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof?
x
Yes
o
No
If
so,
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
It
is
anticipated that there could be material changes in the results of operations
for the fiscal year ended June 30, 2007, as compared with the prior fiscal
year
ended April 30, 2006, and/or the annualized results as reported for the
two-month transition period ended June 30, 2006. Significant accounting events
include (but are not limited to) (i) reduced net sales and operating expenses
resulting from the discontinuation of the UK government’s Home Computing
Initiative scheme, pursuant to which we derived the majority of our revenue
in
the previous year, (ii) additional net sales and operating expenses resulting
from the acquisitions of Executive Business Channel, Ltd. And Button Group
PLC
in April 2006 and May 2006, respectively, (iii) accounting implications of
the
convertible loans and related derivative accounting issues, The Company has
not
finalized the accounting for these items and therefore cannot reasonably
estimate the overall impact to the results of operations
has
caused this notification to be signed on its behalf by the undersigned hereunto
duly authorized.
FUTUREMEDIA
PUBLIC LIMITED COMPANY
(Name
of
Registrant as Specified in Charter)
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Date:
December 31, 2007
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By
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/s/
George G. O’Leary
|
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George
G. O’Leary
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Chief
Executive Officer
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INSTRUCTION:
The form may be signed by an executive officer of the registrant or by any
other
duly authorized representative. The name and title of the person signing
the
form shall be typed or printed beneath the signature. If the statement is
signed
on behalf of the registrant by an authorized representative (other than an
executive officer), evidence of the representative's authority to sign on
behalf
of the registrant shall be filed with the form.
ATTENTION
Intentional
misstatements or omissions of fact constitute Federal Criminal Violations
(See
18 U.S.C. 1001).