PeerTV PLC Issue of Equity (1846D)
27 Janeiro 2015 - 5:01AM
UK Regulatory
TIDMPTV
RNS Number : 1846D
PeerTV PLC
27 January 2015
27 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 5,468,931 new
Ordinary Shares in part payment of loans and unpaid fees due by its
subsidiaries Digitek SMT Assemblies Limited and SM Digitek (1993)
Limited at a price of 2.25 pence per new Ordinary Share ("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
2(nd) February 2015 ("Admission").
On 22 December 2014, the Company announced that it had converted
8% Loan Notes to the value of GBP806,660 resulting in the issue of
23,459,681 new Ordinary Shares. However, the number of new Ordinary
Shares issued to unsecured loan note holders was 23,459,678 (the
difference arising from rounding).
Therefore following Admission, the Company will have in issue
98,346,295 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 98,346,295. 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 20 7060 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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