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9 May 2011 10:42
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
For immediate release
9 May 2011
BLINKX PLC
("BLINKX" OR "THE COMPANY")
BLOCK ADMISSION
The Company announces that it has today established a Block Admission arrangement ("Block Admission") in respect of the consideration shares for the acquisition of Burst Media Corporation (AIM:BRST). Application has been made to the London Stock Exchange for the block admission of 18,075,113 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") to be admitted to AIM.
The Block Admission shares are further to the Company's block admissions of Ordinary Shares admitted to AIM on 14 March 2011.
Admission of the new Ordinary Shares is expected to occur at 8:00am on 9 May 2011.
The Ordinary Shares will rank pari passu with the existing issued Ordinary Shares of the Company.
All definitions contained in this announcement will have the same meaning as defined in the joint announcements made by blinkx and Burst released on 8 April 2011.
For further information please contact:
Frances Smith
Company Secretary
01223 488500
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