DNEG wins BAFTA award for special visual effects on ‘Dune’

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LONDON–(BUSINESS WIRE)–DNEGa cutting-edge visual effects (VFX) and animation studio for creating feature films, television and cross-platform content, received the British Academy of Film and Television Arts (BAFTA) Award for Special Visual Effects for its work on Dunes.

Four of the five films nominated in the BAFTA Special Visual Effects category featured VFX work directed by DNEG; the other nominees were No time to die, The Matrix Resurrections and Ghostbusters: Afterlife.

DNEG’s BAFTA award for his VFX work on dune further exemplifies the company’s outstanding and industry-leading capabilities in the visual effects and animation industries. This BAFTA award – combined with the seven 2022 Visual Effects Society awards DNEG won earlier this month – makes this year one of DNEG’s most impressive to date, along with two Oscars.® Nominations for Best Visual Effects Awaiting (Dune, no time to die). DNEG has now won a total of seven BAFTA awards for projects featuring DNEG-directed VFX work.

“Thanks to the British Academy of Film and Television Arts for recognizing DNEG’s groundbreaking visual effects work dune, and congratulations to our winners, collaborators, global teams and customers for this honor,” said Namit Malhotra, President and CEO of DNEG. “I would also like to acknowledge the work of our global technology team and their incredible achievement during the pandemic in enabling remote working in record time, allowing our creative teams to deliver all of this amazing work almost without interruption. This award – combined with the seven VES awards DNEG won last week and DNEG’s two Oscars® nominations – firmly positions DNEG as a powerhouse in the industry.

DNEG’s full 2022 BAFTA award and nominations include:

BAFTA® Special Visual Effects Awards

  • [WINNER:] dune – Brian Connor, Paul Lambert, Tristan Myles, Gerd Nefzer (DNEG was the main VFX partner)
  • [Nominated:] Ghostbusters: Afterlife — Aharon Bourland, Sheena Duggal, Pier Lefebvre, Alessandro Ongaro (DNEG was the main VFX partner)
  • [Nominated:] The Matrix Resurrections – Tom Debenham, Huw J Evans, Dan Glass, JD Schwalm (DNEG was lead VFX partner and DNEG’s Dan Glass was general VFX production supervisor)
  • [Nominated:] no time to die – Mark Bokowski, Chris Corbould, Joel Green, Charlie Noble (DNEG was the lead VFX partner and DNEG’s Charlie Noble was the overall VFX production supervisor)

DNEG served as lead VFX partner on each of the above projects, with work done at its global studios.

On March 8, 2022, DNEG received seven Visual Effects Society (VES) awards for its VFX work on dune, Last night in Soho and “Foundation”. DNEG’s VES awards included “Outstanding visual effects in a photorealistic feature” for dune and “Outstanding supporting visual effects in a photorealistic feature” for Last night in Soho. Additionally, DNEG’s visual effects work on dune and no time to die won two Oscars® nominations for Best Visual Effects this year.

DNEG has now won seven BAFTA awards, 18 VES awards and three Primetime EMMYs® awards, as well as six Oscars in total®including five of the last seven, for Principle (2021), first man (2019), Blade Runner 2049 (2018), Ex-Machina (2016), Interstellar (2015) and Creation (2011).

On January 25, 2022, DNEG announced that it had entered into a definitive business combination agreement with Sports Ventures Acquisition Corp. (Nasdaq: AKIC). Upon closing of the business combination, which is expected in the first half of 2022, the combined public company will be named DNEG. For more information on the transaction, please visit https://investors.dneg.com/

About DNEG

DNEG (www.dneg.com) is one of the world’s leading visual effects (VFX) and animation companies for creating feature films, television and cross-platform content. DNEG employs nearly 7,000 people with offices and studios around the world in North America (Los Angeles, Montreal, Toronto and Vancouver), Europe (London) and Asia (Bangalore, Chandigarh, Chennai and Mumbai).

DNEG’s critically acclaimed work earned the company six Oscars® for Best Visual Effects and numerous BAFTAs and Primetime EMMYs® Awards for its high quality VFX work. DNEG’s current and upcoming projects on behalf of its Hollywood and global studio and production company partners include “Stranger Things” (Season 4) (May 2022), High-speed train (July 2022), Shazam! Fury of the gods (December 2022), Borderlands (2022), Knives Out 2 (2022), The last of us (2022), The School of Good and Evil (2022), Supernatural (2022), Aquaman and the Lost Kingdom (March 2023), Haunted house (March 2023),the flash (June 2023) and Meg 2: The Trench (August 2023).

About Sports Ventures Acquisition Corp.

Sports Ventures Acquisition Corp. is a blank check corporation organized for the purpose of achieving a merger of similar businesses with a major entertainment powerhouse. Sports Ventures Acquisition Corp. is run by Alan Kestenbaum, businessman and minority owner of the NFL’s Atlanta Falcons. Other members of management include Robert Tilliss, who brings with him extensive expertise in sports and arenas, Daniel Strauss and Steve Horowitz.

Additional transaction information and where to find it

This communication may be considered a solicitation document with respect to the proposed transaction for Sports Ventures Acquisition Corp. to acquire Prime Focus World NV. As part of this proposed transaction, Sports Ventures Acquisition Corp. will file a definitive proxy statement with the SEC, which will be sent to shareholders of Sports Ventures Acquisition Corp. Sports Ventures Acquisition Corp. will also file other documents regarding the proposed transaction with the second. This communication does not contain all the information to be taken into account regarding the proposed transaction. It is not intended to provide the basis for any investment decision or any other decision regarding the proposed transaction. THE SHAREHOLDERS OF SPORTS VENTURES ACQUISITION CORP. ARE ADVISED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE DEFINITIVE PROXY STATEMENT, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or to be filed with the SEC by Sports Ventures Acquisition Corp. through the website maintained by the SEC at http://www.sec.gov.

Documents filed by Sports Ventures Acquisition Corp. with the SEC can also be obtained free of charge from the Sports Ventures Acquisition Corp website. at the address https://www.sportsventuresacq.com or upon written request to Sports Ventures Acquisition Corp., 9705 Collins Ave 1901N, Bal Harbour, FL 33154.

Participants in the solicitation

Sports Ventures Acquisition Corp., Prime Focus World NV and their respective directors, officers and employees may be considered participants in the solicitation of proxies from holders of Sports Ventures Acquisition Corp. Class A common stock. in connection with the proposed transaction. Information about the directors and officers of Sports Ventures Acquisition Corp. and their ownership of Class A common stock are disclosed in its annual reports on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 1, 2022, and its reports on Form 8 -K, which were filed with the SEC on April 6, 2021 and January 12, 2022, as amended or supplemented by any Form 3 or Form 4 since the date of such filing. Investors may obtain additional information regarding the interest of these participants by reading the preliminary proxy statement and the definitive proxy statement when they become available.

No offer or solicitation

This communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe, purchase or sell, or the solicitation of an offer to subscribe, purchase or sell, or an invitation to subscribe, buy or sell. securities or a solicitation of vote or approval in any jurisdiction, and there will be no sale, issue or transfer of securities in any jurisdiction in which such offer, invitation, sale or solicitation would be unlawful before the registration or qualification under the securities laws of such jurisdiction. No offer of securities will be made except by means of a prospectus satisfying the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Forward-looking statements

This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts contained in this communication, including, without limitation, statements regarding Sports Ventures Acquisition Corp. the financial condition of or Prime Focus World NV, expected operating performance, business strategy and management’s plans and objectives for future operations; the expected financial impacts of the proposed transaction; satisfaction of the closing conditions of the contemplated transaction; and the timing of the proposed transaction, are forward-looking statements. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that these forward-looking statements are not guarantees of performance, results or future events and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements due to various factors, including the perceptions of the financial community and rating agencies regarding Prime Focus World NV, Sports Ventures Acquisition Corp. and their respective businesses, operations, financial condition and industries, the risk that the proposed transaction between Prime Focus World NV and Sports Ventures Acquisition Corp. may not be consumed, and the factors described in the “Risk Factors” section of Sports Ventures Acquisition Corp. on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 1, 2022, the proxy statement described above and other documents filed by Sports Ventures Acquisition Corp. from time to time with the SEC. Prime Focus World NV and Sports Ventures Acquisition Corp. each disclaims any obligation to update the forward-looking statements contained herein.



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