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Application to admit shares to AIM

28 Apr 2014 14:17

RNS Number : 6759F
TMT Investments PLC
28 April 2014
 

28 April 2014

 

TMT INVESTMENTS PLC

("TMT" or the "Company")

 

Application to admit shares to AIM

 

On 11 December 2012 , the Company announced a cash-for-shares swap arrangement with the Company's senior management announced pursuant to which German Kaplun, Alexander Morgulchik and Artyom Inyutin agreed to receive all of their 2013 salaries in TMT shares at a price of US$1.60 per share rather than monthly in cash). On 31 December 2013 the Company issued 187,500 ordinary shares of no par value each in the Company in accordance with the terms of the cash-for-shares swap arrangement and as announced on 11 December 2012.

 

An application has been made to admit these shares to AIM which is expected to occur on 1 May 2014. The new ordinary shares rank pari passu with the existing ordinary shares.

 

The Company currently has a total of 24,977,728 ordinary shares in issue.

 

 

For further information contact:

 

TMT Investments Plc

Mr. Alexander Selegenev

www.tmtinvestments.com

 

+44 1534 281 843

alexander.selegenev@tmtinvestments.com

 

ZAI Corporate Finance Ltd.

NOMAD and Broker

Ray Zimmerman/Richard Morrison/Irina Lomova

 

+44 20 7060 2220

Kinlan Communications

David Hothersall

 

Tel. +44 20 7638 3435

davidh@kinlan.net

 

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