14 Jan 2008 12:49
14 January 2008 iPoint-media plc ("iPoint" or the "Company") Additional Listing Recommended all share offer for All New Video Plc ("ANV") made by John East & Partners on behalf of iPoint ("Offer")
iPoint, a provider of 3G/IP video interactive application platforms, is pleased to announce that it has received, since 24 December 2007, further valid acceptances of the Offer in respect of 60,000 shares in the capital of ANV representing, approximately 0.07 per cent. of ANV's total issued share capital. Accordingly iPoint has issued, conditional on admission, 7,619 new ordinary shares of 0.25p each.
iPoint has now received valid acceptances of the Offer in respect of a total of 85,794,606 shares in the capital of ANV representing, approximately 99.29 per cent. of ANV's total issued share capital.
Application has been made for a total of 7,619 ordinary shares to be admitted to AIM and it is expected that dealings in these shares will commence on 17 January 2008.
Following the admission of these shares the Company will have 112,877,687ordinary shares in issue.For Further Information:John East & Partners Limited +44 (0) 20 7628 2200 David Worlidge/Bidhi Bhoma
IPOINT MEDIA PLC