New rock festival in Spain for summer 2012 (5163X)
February 16 2012 - 2:30AM
UK Regulatory
TIDMMFP
RNS Number : 5163X
Music Festivals PLC
16 February 2012
16 February 2012
Music Festivals plc
("Music Festivals" or the "Group")
New rock festival confirmed for Spain - Costa de Feugo
Guns N' Roses and Marilyn Manson confirmed as headline acts
Music Festivals plc (AIM: MFP), a company which owns, develops
and produces music festivals, is pleased to announce a new
festival, Costa de Fuego, which will be its second festival in
Spain and devoted to hard rock and heavy metal.
The Costa de Feugo festival will take place on 20(th) and 21(st)
July 2012, a week after the Group's FIB Festival in Benicassim, and
held on part of the same site as the FIB Festival with a capacity
of 30,000.
The festival will be headlined by Guns N' Roses and Marilyn
Manson and feature over 40 nationally and internationally
recognised artists over three stages.
The two-day tickets for the festival, including four days free
camping on the site from 18(th) July to 22(nd) July 2012, will go
on sale from this morning with the first 5,000 tickets on sale at
EUR80.
The location and timing of the festival will enable the Group to
significantly reduce the costs of hosting the festival as it will
utilise the existing infrastructure of the FIB Festival.
The launch of the festival is in line with the Group's
previously announced strategy to develop new festival brands in
tandem with its established festival brands: Hop Farm Festival in
Kent and the FIB Festival in Benicassim, which is focused on indie
rock, pop and electronic music.
Vince Power, Chief Executive of Music Festivals plc,
commented:
"There is great appetite for hard rock and heavy metal music in
Western Europe and we have been working towards putting this new
festival together for some time. I am delighted to have secured
Guns N' Roses and Marilyn Manson as the headline acts. The launch
of a rock festival in Spain also makes great strategic sense for
the Group as we will be able to leverage our existing
infrastructure commitment at the FIB Festival."
For further information please contact:
Music Festivals plc
Vince Power (Chief Executive) Tel: +44 (0)20 7644
1420
Merchant Securities Limited (Nominated Adviser and Broker)
John East/Catherine Miles Tel: +44 (0)20 7628
2200
Mission Public Relations
Andrew Murray-Watson Tel: +44 (0)20 7845
7800
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUVOKRURAUAAR
Music Fes (LSE:MFP)
Historical Stock Chart
From May 2024 to Jun 2024
Music Fes (LSE:MFP)
Historical Stock Chart
From Jun 2023 to Jun 2024