PTV Peertv

TIDMPTV

RNS Number : 8877P

PeerTV PLC

11 June 2015

Peer TV plc

("Peer TV" or the "Company")

Holding in Company

The Company was notified on 10 June 2015 that Speech Modules Holdings Limited ("SML") had disposed of its entire holding in Peer TV. The shares were issued to SML following the execution of the second collaboration agreement between SML and Peer TV announced on 16 April 2015.

Under the agreement, a trustee for the holding and selling of the shares received shares in PeerTV to the value of GBP200,000. SML agreed that it would not sell shares having a market value of more than GBP50,000 per month.

The Company is making enquiries of SML as to whether this disposal was in breach of these undertakings.

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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