PTV Peertv

TIDMPTV

RNS Number : 6470M

PeerTV PLC

17 July 2014

17 July 2014

PeerTV PLC

("PeerTV" or the "Company")

Issue of Equity

PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions announces that further to the placing announcement on 26 June 2014 (the "Placing") the Company has now received a further GBP20,000 taking the total amount received pursuant to the Placing to GBP279,000. Following receipt of the GBP20,000, the Company has issued and allotted 2,000,000 new ordinary shares of 0.5 pence each ("Ordinary Shares") at a price of 1 penny per new Ordinary Share ("Placing Shares").

Application has been made for the Placing Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 23 July 2014 ("Admission").

Following Admission, the Company will have in issue 268,987,865 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company will be 268,987,865. This figure may be used by Shareholders in the Company 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, the share capital of the Company.

Further enquiries:

PeerTV Plc

Eitan Yanuv, Chairman

Tel: +972 974 07315

Daniel Stewart & Company

Emma Earl / David Coffman

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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