The London Stock Exchange is delighted to welcome Global Brands to AIM

Global Brands, which was established in 1999, is the exclusive master franchisee in Switzerland, Luxembourg and Liechtenstein of Domino's Pizza, the world's leading pizza delivery brand. The company's first store opened in January 2000, and the company has since expanded to 7 Company operated stores.

Global Brands is poised to continue the rollout of its stores in Switzerland, Luxembourg and Liechtenstein through a combination of company operated stores and sub-franchised stores.

The company successfully raised £3.5m in a placing of 1,892,000 ordinary shares at 185p.

Yossi Moldawsky, Executive Chairman said: ''We are delighted with Global Brands' admission to AIM and the success of the placing as we believe that it will enable our company to pursue its business strategy as well as enhance the company's profile and increase the business opportunities available to us. We are grateful for the considerable support that we have received from investors. The proceeds will help us achieve our strategy of opening at least 23 more stores in the territory within three years and our aim is to be present in most major cities in Switzerland by the end of 2007.''

Nominated adviser to the float was Ruegg & Co Ltd, and Hichens, Harrison & Co plc and HB-corporate were joint brokers.
September 29, 2005, LONDONSTOCKEXCHANGE.COM