TIDMMTV

RNS Number : 8150L

Motive Television PLC

14 January 2016

14 January 2016

Motive Television PLC

("Motive" or the "Company")

Meeting of Convertible Loan Note Holders

The Company today announces that notice has been given that a meeting of noteholders of the GBP6,585,264.17 nominal of 9% convertible secured loan notes 2015 of Motive Television PLC (the "CLN Holders") will be held on 29 January 2016 at 11.00 a.m. at which it will be proposed to the CLN Holders that the terms of the CLNs be extended from 31 December 2015 to 31 December 2017.

For the avoidance of doubt, this meeting will be for the CLN Holders and not open to the public or existing shareholders of the Company.

Enquiries:

 
 Motive Television plc               T: +44 20 7025 8425 
  Michael Pilsworth, Chairman 
  Leonard M Fertig, CEO 
 Sanlam Securities UK (Nominated     T: +44 20 7628 2200 
  Adviser) 
  Simon Clements / James Thomas 
 Beaufort Securities                 T: +44 20 7382 8300 
  Jon Belliss 
 Newgate Communications              T: +44 20 7680 6559 
  Jason Nisse/Andre Hamlyn 
 Media PR Europe                     T: +44 7774 860011 
  Gerry Buckland 
 Brainerd Communicators              T: +1 212 986 6667 
  Chris Plunkett / Mike Smargiassi

Notes to Editors:

Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).

http://www.motivetelevision.co.uk

Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:

Content Express(TM)

Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express(TM) makes that possible without having to build new networks. Content Express(TM) software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.

Motive's Content Express(TM) solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.

TabletTV(TM)

With a proprietary app and TPod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.

BYOD TV(TM)

Motive's BYOD TV solution provides passengers and crew in maritime environments with access to video-on-demand movies and television without needing direct access to the Internet or broadcast signals. Markets for the platform include operators of passenger ferries, cruise lines, commercial ships, and oil platforms among others. In addition, BYOD TV has application for additional markets including passenger airlines, trains, waiting lounges, etc.

Motive's content division is:

Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 14, 2016 02:00 ET (07:00 GMT)

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