22 Dec 2016 13:03
22 December 2016
PCG Entertainment Plc
("PCGE", the "Company" or the "Group")
PCG Entertainment Plc / Index: AIM / Epic: PCGE
Issue of Equity
PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific online media and entertainment company, today announces that it has issued 13,333,333 ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of the Company at a price of 0.15p each in settlement of accounts payable to Beaufort Securities, the Company's broker, to a value of £20,000 (the "Shares").
Application has been made to the London Stock Exchange for admission of the Shares to trading on AIM ("Admission"). It is expected that Admission will occur on 30 December 2016. The Shares will rank pari passu with the existing issued Ordinary Shares.
Following the issue of the Shares, and for the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital on Admission will consist of 1,339,226,221 Ordinary Shares.
For further information:
PCG Entertainment plc | |
Nick Bryant, CEO | Tel: +44 20 8004 4699 |
Allenby Capital | |
Nick Naylor / Nick Harriss / James Thomas | Tel: +44 20 3328 5656 |
Beaufort Securities | |
Saif Janjua | Tel: +44 20 7382 8300 |
Damson Communications | |
Abigail Stuart-Menteth | Tel: +44 20 7812 0645 |