PeerTV PLC Replacement: First Closing of Placing (9186J)
13 Agosto 2012 - 12:23PM
UK Regulatory
TIDMPTV
RNS Number : 9186J
PeerTV PLC
13 August 2012
13 August 2012
PeerTV PLC
("PeerTV" or "the Company")
Replacement: First and second closing of placing
The following amendment has been made to the 'First and Second
Closing of Placing' announcement released on 13 August at 16:00
under RNS No 9159J.
In the contact information in "Further Enquiries" the reference
to Rivington Street has been removed and has been changed to:
Peterhouse Corporate Finance
Jon Levinson/Eran Zucker +44 (0) 20 7469 0932
All other details remain unchanged.
The full amended text is shown below.
PeerTV (AIM:PTV), a provider of technology solutions for the OTT
(TV over the internet) market, and PCB (printed circuit board)
production solutions, announces the closing of a placing of
additional shares.
The Company is raising up to GBP750,000 (before expenses)
through a placing of up to 9,090,909 new ordinary shares placed at
a price of 8.25 pence per share. Each new share has 0.9 three year
warrant to purchase an ordinary share at 9.25 pence per share
attached, for a maximum total of approximately 8,181,818 warrants
at full subscription. The shares and attached warrants are placed
with private investors. A total of approximately GBP590,000 has
been received by the placing agent so far and closings of
GBP387,750 have been effected on 6 August and 12 August.
Leon Nahon, Chairman, comments:
"We are delighted to have raised further funds to improve our
working capital. This placing is the continuation of the effort of
management to improve the working capital situation which began
with a small placing in January."
Further enquiries:
PeerTV Plc
Leon Nahon, Chairman +972 974 07315
Libertas Capital Corporate Finance Limited
Thilo Hoffmann/Andrew McLennan +44 (0) 20 7569 9650
Peterhouse Corporate Finance
Jon Levinson/Eran Zucker +44 (0) 20 7469 0932
Bishopsgate Communications
Nick Rome/Sam Allen +44 (0) 20 7562 3350
peertv@bishopsgatecommunications.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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