26 Aug 2015 14:27
26 August 2015
Motive Television PLC
("Motive" or "the Company")
Result of General Meeting - Correction
The following amendment has been made to the Result of General Meeting announcement released on
26 August 2015 under RNS 1471X.
The Result of General Meeting announcement incorrectly states the number of New Ordinary Shares as 222,546,221, when it should have stated 222,564,221 New Ordinary Shares.
All other details remain unchanged. The amended text is shown below.
Motive Television PLC
("Motive" or "the Company")
Result of General Meeting
The Company announces that at the General Meeting held earlier today, all resolutions were duly passed.
Accordingly, the capital reorganisation of the Company's shares will take place and the 222,564,221 new ordinary shares of 0.005 pence each ("New Ordinary Shares") will be admitted to trading on AIM with effect from 27 August 2015 ("Admission").
On Admission, the Company will have 222,564,221 New Ordinary Shares in issue.
The above 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.
Enquiries:
|
Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:
Content Express™
Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express™ makes that possible without having to build new networks. Content Express™ software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.
Motive's Content Express™ solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.
Tablet TV
With a proprietary app and T-Pod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.
Motive's content division is:
Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.
Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).
http://www.motivetelevision.co.uk