PeerTV PLC Issue of Equity (1443Y)
21 Janeiro 2014 - 6:42AM
UK Regulatory
TIDMPTV
RNS Number : 1443Y
PeerTV PLC
21 January 2014
21 January 2014
PeerTV PLC
("PeerTV" or "the Company")
Issue of equity
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 issue of 8,511,703 new ordinary
shares of 0.5 pence each ("New Ordinary Shares").
142,857 of these New Ordinary Shares were issued pursuant to a
further closing of the placing announced on 16 June 2013. The New
Ordinary Shares issued pursuant to the placing were placed at a
price of 3.5 pence per share. Each investor receives an equal
number of five year warrants to purchase ordinary shares of 0.5
pence each ("Ordinary Shares") at 4.0 pence per share. The shares
and attached warrants were placed with private investors. This
brings the gross amount received by the company under the placing
to GBP1,058,150.
842,000 of the New Ordinary Shares were issued to holders of
secured loan notes of the company's subsidiary Digitek SMT
Assemblies Limited exercising warrants to purchase Ordinary Shares
at 0.5 pence per share.
The remainder of the New Ordinary Shares were issued in
settlement of fees, interest and other liabilities.
Application has been made for the 8,511,703 New Ordinary Shares,
which rank pari passu with the existing Ordinary Shares in issue,
to be admitted to trading on AIM and admission to trading is
expected on or after 24 January 2014.
For further enquiries:
PeerTV Plc
Eitan Yanuv, Chairman
Tel: +972 974 07315
Daniel Stewart & Company
Antony Legge
Paul Shackleton
Tel: +44 (0)20 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
END
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