PTV Peertv

TIDMPTV

RNS Number : 9057C

PeerTV PLC

22 January 2015

22 January 2015

PeerTV PLC

("PeerTV" or the "Company")

Issue of Shares

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 8,888,889 Ordinary Shares of 0.01 pence each at a price of 2.25 pence per share to Speech Modules Holdings Limited (9.57% of the issued share capital of PeerTV)pursuant to the Cooperation Agreement signed between the two companies on 13(th) January 2015 and announced on that date ("New 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 28(th) January 2015 ("Admission").

Following Admission, the Company will have in issue 92,877,367 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 92,877,367. 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

ZAI Corporate Finance Limited

Ray Zimmerman / Richard Morrison

Tel: +44 207 060 2220

Daniel Stewart & Company plc

David Coffman

Tel: +44 207 7766550

This information is provided by RNS

The company news service from the London Stock Exchange

END

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