PeerTV PLC Issue of Equity (9502B)
12 Outubro 2015 - 7:18AM
UK Regulatory
TIDMPTV
RNS Number : 9502B
PeerTV PLC
12 October 2015
12 October 2015
PeerTV PLC
("PeerTV" or the "Company")
Loan Conversion
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 419,458,880
Ordinary shares at a price of 0.0116 pence per share to YA Global
SPV Limited being a further conversion of principle of GBP45,605
and payment of accrued interest of GBP3,052 under the Convertible
Note Facility announced on 10(th) February 2015.
Under the terms of the Convertible Loan Facility the Conversion
is 90% of the lowest Volume Weighted Average Price (VWAP) during
the ten consecutive Trading Days immediately prior to the
Conversion Date.
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
16(th) October 2015 ("Admission").
Following Admission, the Company will have in issue
1,873,487,420 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 1,873,487,420.
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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October 12, 2015 06:18 ET (10:18 GMT)
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