MIRA Mirada Plc

 
TIDMMIRA 
 
26 February 2014 
 
                    mirada plc ("mirada" or "the Company") 
 
                                  (AIM: MIRA) 
 
                              Conversion of Loan 
 
mirada plc, the AIM-quoted audiovisual interaction specialist, announces that 
it has received a notice from State Street Nominees Ltd ("State Street") for 
the conversion of their remaining loan of GBP100,000 in respect of the GBP1,500,000 
10 per cent. Convertible Secured Loan Stock 2015 (the "Convertible Loan"). It 
is noted that State Street's interest is controlled by Webb Capital Asset 
Management Ltd ("Webb Capital"). 
 
Under the terms of the Convertible Loan, which was announced on 23 March 2010, 
the conversion price is equal to a 20% discount to the average closing 
mid-market share price for the 10 business days preceding the date of the 
conversion notice, subject to a minimum conversion price of 10 pence. The 
GBP100,000 is therefore to be converted into 1,000,000 new ordinary shares of 1 
penny each (the "Conversion Shares"), credited as fully paid at 10 pence per 
share (the "Conversion"). 
 
Following the Conversion, Webb Capital will have the following interests in the 
ordinary shares in the Company: 
 
                                                     Number of    Percentage of 
                                                        shares  enlarged issued 
                                                               share capital of 
                                                                        Company 
 
Webb Capital                                         3,490,830            4.06% 
 
Following this conversion, the Company will have fully completed the repayment 
of the Convertible Loan. Application has been made to the London Stock Exchange 
for admission of the 1,000,000 Conversion Shares and Capitalisation Shares to 
be admitted to trading on AIM. Admission is expected to occur on 3 March 2014. 
 
For the purposes of the Disclosure and Transparency Rules, mirada's total 
issued share capital following the issue of the 1,000,000 New Ordinary Shares 
consists of 86,057,695 ordinary shares of 1 penny each. 
 
The above figure may be used by shareholders as the denominator for the 
calculations by which they will determine if they are required to notify their 
interest in, or a change to their interest in, mirada, under the Disclosure and 
Transparency Rules. 
 
José Luis Vazquez, Chief Executive Officer of mirada, commented: 
 
"I am very glad to report the conversion of the outstanding balance of the 
Convertible Loan, which has been fully cancelled during the last year, and 
further demonstrates strong support from our shareholders to the future of the 
Company." 
 
                                     -END- 
 
Enquiries: 
 
mirada plc                                               +44 (0) 207 549 5678 
Jose Luis Vazquez, Chief Executive Officer 
 
Bishopsgate Communications                               +44 (0) 207 107 1890 
Nick Rome/Sam Allen 
mirada@bishopsgatecommunications.com 
 
Cantor Fitzgerald Europe (Nominated Advisor & Broker)    +44 (0) 207 894 7000 
Mark Percy (Corporate Finance) 
David Banks (Corporate Broking) 
 
Peterhouse Corporate Finance (Joint Broker)              +44 (0) 207 469 0937 
Jon Levinson / Lucy Williams 
 
About mirada 
 
mirada creates and manages services for digital TV platforms and broadcasters 
which enable consumers to interact with and purchase digital content on 
television, mobile, online and bespoke devices. mirada's products and solutions 
are used worldwide to deliver interactive TV, Video on Demand, digital 
marketing and payment services. Its products and services have been deployed by 
some of the biggest names in digital media and broadcasting including Sky, 
Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London, 
mirada has commercial offices across Europe and Latin America and operates 
technical centres in the UK and Spain. For more information, visit 
www.mirada.tv. 
 
 
 
END 
 

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