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Additional listing

12 Apr 2013 07:00

RNS Number : 1782C
Progressive Digital Media Group PLC
12 April 2013
 



 

12 April 2013

Progressive Digital Media Group Plc(the "Company")

Additional listing in connection with the proposed Consolidation and Sub-Division

The Company announces that it has allotted (conditional upon admission of such shares to trading on AIM) 314 ordinary shares of 0.01 pence each in the capital of the Company (the "New Ordinary Shares") at a price of £0.32 per New Ordinary Share and has applied for the New Ordinary Shares to be to be admitted to trading on AIM. It is expected that admission will occur at 8.00 a.m. on 17 April 2013. On issue, the New Ordinary Shares will rank pari passu with the existing ordinary shares of 0.01 pence each in the capital of the Company.

The purpose of the allotment is to facilitate the proposed Consolidation and Sub-Division of the Company's ordinary share capital (further details of which are set out in the circular to the shareholders of the Company dated 26 March 2013 (the "Circular")) by ensuring that a whole number of Consolidated Ordinary Shares arise on the proposed Consolidation (whereby every 1,000 Existing Ordinary Shares in issue on the Record Date are proposed to be consolidated into one ordinary share of 10 pence).

Following admission, the Company will have 532,048,000 ordinary shares of 0.01 pence each in issue (all of which have voting rights), and this figure may be used by shareholders 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 Company under the Disclosure and Transparency Rules.

 

Terms used in this announcement have the meanings given to them in the Circular (unless otherwise defined).

Enquiries:

 

Progressive Digital Media Group Plc

0207 936 6400

Mike Danson, Chairman

Simon Pyper, Group Managing Director

 

N+1 Singer

0207 496 3000

James Maxwell

Nick Donovan

Hudson Sandler

0207 796 4133

Nick Lyon

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
LISDMGMDKMDGFZM
Date   Source Headline
1st Jun 20073:43 pmPRNHolding(s) in Company
30th May 20072:30 pmRNSStrategic Partnership
21st May 200711:32 amPRNAdditional Listing
16th May 20077:00 amPRNTrading Update
4th May 20074:43 pmPRNHolding(s) in Company
25th Apr 20074:12 pmRNSHolding(s) in Company
24th Apr 20072:31 pmRNSHolding(s) in Company
23rd Apr 20074:01 pmRNSDirector/PDMR Shareholding
20th Apr 200711:33 amRNSDate of AGM
19th Apr 20075:31 pmRNSDirector/PDMR Shareholding
18th Apr 20075:09 pmRNSDirector/PDMR Shareholding
18th Apr 200711:29 amRNSDirector/PDMR Shareholding
17th Apr 20077:03 amRNSFinal Results
16th Apr 200710:01 amRNSFurther re Acquisition
12th Apr 20077:00 amRNSPreferred PSP Status Awarded
4th Apr 20074:33 pmRNSTotal Voting Rights
3rd Apr 20075:24 pmRNSDirector/PDMR Shareholding
3rd Apr 20077:01 amRNSContract Win
2nd Apr 20072:33 pmPRNHolding(s) in Company
30th Mar 20074:01 pmRNSFurther re Acquisition
21st Mar 20075:04 pmRNSHolding(s) in Company
21st Mar 200711:18 amRNSDirector/PDMR Shareholding
13th Mar 20074:44 pmRNSHolding(s) in Company
13th Mar 20074:32 pmRNSHolding(s) in Company
13th Mar 20074:02 pmRNSHolding(s) in Company
28th Feb 20075:09 pmRNSTotal Voting Rights
26th Feb 20074:17 pmRNSFurther re Acquisition -Amend
26th Feb 200710:10 amRNSFurther re Acquisition
15th Feb 20073:26 pmPRNHolding(s) in Company
8th Feb 20071:51 pmRNSProposed Acquisition
1st Feb 20077:00 amPRNBoard Change
29th Jan 20073:15 pmPRNHolding(s) in Company
25th Jan 20071:14 pmPRNHolding(s) in Company
25th Jan 200711:33 amRNSBlocklisting Interim Review
25th Jan 200711:29 amRNSBlocklisting Interim Review
22nd Jan 200712:06 pmPRNHolding(s) in Company
18th Jan 200711:57 amPRNHolding(s) in Company
16th Jan 20079:08 amRNSDirector/PDMR Shareholding
15th Jan 200710:34 amPRNDirectorate Change
9th Jan 20077:01 amRNSPre-Close Trading Update
22nd Dec 200610:09 amRNSDirectorate Change
21st Dec 20064:43 pmRNSVoting Rights and Capital
18th Dec 200611:07 amPRNTotal Voting Rights
15th Dec 200611:45 amRNSBlocklisting Interim Review
13th Dec 20061:39 pmPRNHolding(s) in Company
8th Dec 200611:12 amRNSHolding(s) in Company
8th Dec 200610:22 amPRNHolding(s) in Company
7th Dec 20064:29 pmPRNTransaction in Own Shares
7th Dec 20067:00 amPRNInterim Results
1st Dec 20061:57 pmPRNResult of AGM

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