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Correction: Placing

8 Oct 2013 17:19

MIRADA PLC - Correction: Placing

MIRADA PLC - Correction: Placing

PR Newswire

London, October 8

The Company announces that the Placing announcement released at 16.11 onTuesday 08 October 2013 under reference PRNUK-0810131608-0D3A omitted wordingreferring to participation in the Placing by Chase Nominees as a related partytransaction. All other information in the announcement was correct. A copy of the fullamended announcement is below: mirada plc ("mirada" or "the Company") (AIM: MIRA) Correction: Placing mirada plc, the AIM-quoted leading audiovisual content interaction specialist,today announces that it has today raised £1 million through a placing of11,428,571 new ordinary shares of 1 penny each ("New Shares") at a price of8.75 pence each (the "Placing"). The Placing is with Chase Nominees, anexisting shareholder who, following the Placing, will have an interest in18,687,837 ordinary shares representing approximately 28.1 per cent. of theenlarged issued share capital of the Company. Application has been made to the London Stock Exchange for admission of the11,428,571 New Shares to be issued pursuant to the Placing to be admitted totrading on AIM. Admission is expected to occur on 9 October 2013. Under AIM Rule 13 the participation in the Placing by Chase Nominees is arelated party transaction for the purposes of the AIM Rules. The directors ofmirada consider, having consulted with Cantor Fitzgerald Europe, that the termsof the Placing are fair and reasonable insofar as the Shareholders areconcerned. For the purposes of the Disclosure and Transparency Rules, mirada's totalissued share capital following the issue of the 11,428,571 New Shares consistsof 66,506,364 ordinary shares of 1 penny each. The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, mirada, under the Disclosure andTransparency Rules. Enquiries: mirada plc +44 (0) 207 549 5678José Luis Vázquez, CEO Bishopsgate Communications +44 (0) 207 562 3350Nick Rome/Sam Allenmirada@bishopsgatecommunications.com Cantor Fitzgerald Europe (Nomad and Joint Broker) +44 (0) 207 894 7000Mark Percy (Corporate Finance)David Banks (Corporate Broking) Peterhouse Corporate Finance (Joint Broker)Jon Levinson +44 (0) 207 469 0937 About mirada mirada creates and manages services for digital TV platforms and broadcasterswhich enable consumers to interact with and purchase digital content ontelevision, mobile, online and bespoke devices. mirada's products and solutionsare used worldwide to deliver interactive TV, Video on Demand, digitalmarketing and payment services. Its products and services have been deployed bysome of the biggest names in digital media and broadcasting including Sky,Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London,mirada has commercial offices across Europe and Latin America and operatestechnical centres in the UK and Spain. For more information, visitwww.mirada.tv.
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