focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMotive Television Plc Regulatory News (MTV)

  • There is currently no data for MTV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Equity

15 May 2013 07:00

RNS Number : 7244E
Motive Television PLC
15 May 2013
 

15 May 2013

 

Motive Television plc

 

("Motive Television" or the "Company")

 

Issue of equity

 

Motive Television is pleased to announce that, following interest from institutional investors in the Company's announcement yesterday relating to the Company's development of its Tablet TV technology for the UK Freeview platform, it has raised £500,000 through the issue of 3,333,333,333 new ordinary shares of 0.01p each at 0.015p per share ("Placing Shares"). The proceeds will be used to fund an accelerated programme of development for this product and for general working capital purposes. The board has considered the Company's overall medium-term funding needs very carefully and, given the high level of interest in this development in the UK market and its anticipated value in terms of future sales and profits, it has decided that this fundraising is in the best interests of increasing shareholder value.

Application will be made for the Placing Shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 21 May, 2013. Following the issue of the shares, the Company will have 13,976,225,847 ordinary shares in issue.

 

Contacts:

 

Motive Television plc T: +44 20 7025 8425

Michael Pilsworth, Chairman

Leonard M. Fertig, CEO

 

Sanlam Securities UK (Nominated Adviser) T: +44 20 7628 2200

Simon Clements / Virginia Bull

 

XCAP Securities T: +44 20 7101 7070

Jon Belliss

 

Newgate Communications (Financial PR) T: +44 20 7680 6559

Jason Nissé

 

Brainerd Communicators T: +1 212 986 6667

Chris Plunkett / Mike Smargiassi

 

Media PR T: +44 7774 860 011

Gerry Buckland

 

 

Notes to Editors:

 

Motive Television is the developer and integrator of innovative patented software solutions for the television industry that enable our clients to offer on-demand content over any network to any device. We have the knowhow and ability to customize our software to work with existing networks, saving our clients substantial expenditures. Our customers are broadcasters, satellite platforms, cable operators, and telecoms.

 

Motive's patented and proprietary solutions include:

 

Television Anytime Anywhere: Video-on-demand and place shifting for the broadcasting and pay television industry

 

Tablet TV: Viewing and being able to record digital terrestrial TV directly to tablets and smartphones

 

Mocast: Enabling managed downloads of IP delivered content in 4G LTE wireless systems

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOENKQDDCBKDDPD
Date   Source Headline
11th Apr 201311:58 amRNSIssue of Equity
2nd Apr 201311:16 amRNSHolding(s) in Company
28th Mar 20131:56 pmRNSTotal Voting Rights
27th Mar 20137:00 amRNSMotive Television Announces Plans for Tablet TV
22nd Mar 20137:00 amRNSHolding(s) in Company
22nd Mar 20137:00 amRNSIssue of Equity
19th Mar 20137:00 amRNSAdviser Change of Name
15th Mar 201311:09 amRNSIssue of Equity
13th Mar 201312:15 pmRNSStatement re Speculation
6th Mar 20137:00 amRNSIssue of Equity
1st Mar 201310:42 amRNSIssue of Equity
1st Mar 20137:00 amRNSGeneral Business Update
18th Feb 20131:04 pmRNSIssue of Equity
13th Feb 201310:19 amRNSFurther re: Settlement with Andre Vanyi-Robin
7th Feb 20137:00 amRNSMotive Television Signs Contract
6th Feb 201310:51 amRNSPreliminary Hearing in Barcelona on CCAN dispute
4th Feb 20137:00 amRNSIssue of Equity
29th Jan 201310:13 amRNSIssue of Equity
21st Jan 20137:00 amRNSSettlement with Andre Vanyi-Robin
7th Jan 20137:00 amRNSIssue of Equity
4th Jan 20137:00 amRNSIssue of Convertible Loan Notes
2nd Jan 20138:36 amRNSLoan Agreement
31st Dec 201210:32 amRNSTotal Voting Rights
21st Dec 20129:04 amRNSIssue of Equity
19th Dec 20127:00 amRNSGranite Increases Support for Tablet TV
18th Dec 201211:03 amRNSIssue of Equity
17th Dec 20129:24 amRNSHigh Court stays proceedings by CCAN
4th Dec 20127:00 amRNSStatement re court case
3rd Dec 20129:49 amRNSTotal Voting Rights
12th Nov 20127:00 amRNSDemonstration of Watching Broadcast TV on Tablets
6th Nov 20127:00 amRNSIssue of Equity
5th Nov 20127:00 amRNSSoftware license agreement with Sagemcom
31st Oct 20123:33 pmRNSTotal Voting Rights
29th Oct 20127:00 amRNSManaged Content Delivery Solution
26th Oct 20127:00 amRNSIssue of Equity
12th Oct 20127:00 amRNSIssue of Equity
11th Oct 20127:00 amRNSContract Renewal
9th Oct 20127:00 amRNSTV Anytime Anywhere VOD Platform for US Cable
28th Sep 20129:21 amRNSDirector/PDMR Shareholding
27th Sep 20127:00 amRNSHalf Yearly Report
17th Sep 20127:00 amRNSContract Win
4th Sep 20127:00 amRNSTotal Voting Rights
3rd Sep 20127:00 amRNSAppointment of Chief Financial Officer
28th Aug 20127:00 amRNSIssue of Equity
16th Aug 20127:00 amRNSShare Placing
31st Jul 20125:09 pmRNSTotal Voting Rights
24th Jul 20127:00 amRNSThird Party Claim
18th Jul 20127:00 amRNSAgreement with South African Broadcaster
16th Jul 20127:00 amRNSExercise Notice of CCAN Put Option
5th Jul 20127:00 amRNSMotive sells documentary to the BBC

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.