PTV Peertv

TIDMPTV

RNS Number : 5263H

PeerTV PLC

16 March 2015

16 March 2015

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 24,179,864 Ordinary shares at a price of 0.5886 pence per share to YA Global SPV Limited being the second conversion of principle of $213,000 (GBP141,347) and payment of accrued interest under the Convertible Note Facility announced on 10(th) February 2015.

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 20(th) March 2015 ("Admission").

Following Admission, the Company will have in issue 133,609,397 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 133,609,397. 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

Tim Cofman / 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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