Regulatory Story
Go to market news section View chart   Print
EVR Holdings PLC   -  EVRH   

Update to Agreement with Facebook Technologies LLC

Released 07:00 23-Jan-2019

RNS Number : 8581N
EVR Holdings PLC
23 January 2019


23 January 2019


EVR Holdings plc

('EVR' or the 'Company')


Update to Agreement with Facebook Technologies, LLC


EVR Holdings plc (AIM: EVRH), a leading creator of virtual reality content, is pleased to announce that its subsidiary MelodyVR Ltd ("MelodyVR") has entered into an addendum to its distribution agreement between MelodyVR Limited, and Facebook Technologies, LLC f/k/a Oculus VR, LLC ("Oculus") (the "Agreement").


As part of the Agreement, the Company will release a new version of the MelodyVR music platform, featuring updated features and functionality, for use on a forthcoming Oculus Device. The Company will receive a financial contribution to offset MelodyVR's production and development costs as part of the Agreement. The new version of the MelodyVR platform will contain both new and existing content, and will offer a similar look and feel to the version currently available on Oculus Go and Samsung Gear VR, with enhanced functionality. Following the launch, the product may also be made available on other platforms.


Anthony Matchett, CEO of EVR Holdings, said: "As VR technology continues to rapidly develop, we're excited to add new features and functionality to the MelodyVR platform and for Oculus to release new hardware, which will no-doubt lead to increased user adoption of VR devices. We look forward to working with Oculus throughout 2019 and appreciate their partnership and support to-date."



For further information please contact:


EVR Holdings plc

Anthony Matchett, Executive Chairman & CEO                                                  Tel: +44 (0) 20 7097 5737

Andy Brown, Chief Financial Officer                                                              


Investec Bank plc: Nominated Adviser, Financial Adviser                                  Tel: +44 (0) 20 7597 5970

and Corporate Broker


Corporate Finance: David Anderson / Junya Iwamoto                                   


Corporate Broking: Sara Hale / Helene Comitis


Notes to Editors:

MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc. Further information can be viewed at and


For more information on Melody VR, please visit:



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


Update to Agreement with Facebook Technologies LLC - RNS