PTV Peertv

TIDMPTV

RNS Number : 4359Z

PeerTV PLC

10 December 2014

Correction:

The following amendments have been made to the 'Issue of Equity' announcement released at 15.52 this afternoon.

The number of shares in issue following admission was incorrect.

All other details remain unchanged. The full amended text is shown below.

10 December 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 it has issued 1,797,500 new Ordinary Shares in part payment of loans and fees due by its subsidiaries PeerTV Limited and SM Digitek (1993) Limited at an average price of 4.14 pence per new Ordinary Share ("Loan & Fee Shares"). The amount of loans and fees being repaid is GBP74,417.

In addition, the Company has issued 176,984 new Ordinary Shares in respect of interest accrued on a loan to PeerTV Limited. ("Interest Shares").

Application has been made for the New Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 17 December 2014 ("Admission").

Following Admission, the Company will have in issue 35,159,171 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 35,159,171. 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

David Coffman/Emma Earl

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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