12 Jan 2016 16:16
12/01/16
PeerTV PLC
("PeerTV" or the "Company")
Digitek Loan Note Holders Meeting
PeerTV plc (AIM:PTV), announces that at the meeting of secured loan noteholders of its subsidiary Digitek SMT Assemblies Limited ("Digitek") convened earlier today, the resolution regarding the proposed restructuring of Digitek was not approved by 75% majority required with only 73.1% of votes cast being in favour of the resolution. Digitek is currently a wholly owned subsidiary of Digitek Holdings Limited ("DHL") which is 64.1% owned by PeerTV.
The Company will now consider the options available to them. A further announcement will be made in due course.
Further enquiries:
PeerTV Plc
Eitan Yanuv, Chairman
Tel: +972 974 07315
ZAI Corporate Finance Limited
Tim Cofman / Richard Morrison
Tel: +44 20 7060 2220
Daniel Stewart & Company plc
David Coffman
Tel: +44 207 7766550