PTV Peertv

TIDMPTV

RNS Number : 2910N

PeerTV PLC

28 January 2016

28 January 2016

PeerTV PLC

("PeerTV" or the "Company")

Resignation of Director and Suspension of the Company's Shares

PeerTV announces that Ossie Weitzman has resigned as a director of the Company. Efforts are being made to persuade him to withdraw his resignation. ZAI, the Company's nominated adviser, indicated it will resign with immediate effect if his resignation is not withdrawn and accordingly has requested that suspension be maintained pending clarification of this matter. A further announcement will be made shortly.

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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(END) Dow Jones Newswires

January 28, 2016 04:55 ET (09:55 GMT)

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