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Director's dealing and issue of new shares

Mon, 12th May 2014 12:06

RNS Number : 8540G
TLA Worldwide PLC
12 May 2014

?

12 May 2014

TLA Worldwide PLC

("TLA" or "the Group")

Director's dealing and issue of new shares

TLA Worldwide plc (AIM: TLA) ("TLA" or the "Company"), the athlete representation and sports marketing business, announces the settlement of certain director fees for Bart Campbell (Chairman) for an aggregate amount of £11,250 to be satisfied by the issue and allotment of 36,374 ordinary shares of 2 pence (at an average price of 30.93 pence per share). Following the issue, Bart Campbell will have a voting interest in 1,391,930 ordinary shares representing 1.39 per cent of the Company's total issued share capital.

Application has been made for a total of 36,374 new ordinary shares to be issued and admitted to trading on AIM on 16 May 2014.

Following the admission of these shares, the Company's total ordinary share capital will be 108,180,406 ordinary shares of 2 pence each. This figure (108,180,406 ordinary shares) may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

-Ends-

Enquiries:

TLA Worldwide

Michael Principe, Chief Executive Officer

+1 212 645 2141

Numis Securities

Nick Westlake (Nomad)

+44 20 7260 1000

David Poutney (Broker)

Luther Pendragon

Neil Thapar, Alexis Gore, Amelia Bullock-Muir

+44 20 7618 9100

About TLA Worldwide

TLA Worldwide is a leading athlete representation and sports marketing group quoted on London's AIM. The Group derives revenues from long term agency relationships with many prominent US and international sports stars, broadcasters and media personalities associated with major sports including American Football, baseball, basketball and golf. In addition, it also provides a range of services in respect of media consultancy, sports sponsorship and event production to many sportspeople and corporate clients. A significant proportion of TLA Worldwide's business emanates from baseball where it is a recognised leader, having negotiated over $3bn of contracts over the past 10 years. With over 55 full-time personnel, TLA Worldwide serves its clients through three operating subsidiaries from 10 locations worldwide including its principal offices in London, UK; New York and Newport Beach, USA; and Melbourne, Australia. For more information, please visit www.tlaww-plc.com.

This information is provided by RNS
The company news service from the London Stock Exchange
END
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