News: FUN Funtastic expects impact on FY17 sales as result of expected loss of brands

April 12 (Reuters) - Funtastic Ltd (FUN) :

• Expected impact on FY 2017 net sales as result of the expected loss of Leapfrog and Spinmaster brands
• Have not yet had any detailed discussions with them in terms of what their plans are
• Confirms leapfrog globally has been acquired by Vtech
• Expected impact on FY 2017 net sales as result of expected loss of Leapfrog and Spinmaster brands is between 4% and 6% of expected FY 2016 turnover