Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Issue of Equity

13 Jun 2014 07:00

RNS Number : 5349J
PeerTV PLC
13 June 2014
 



13 June 2014

 

PeerTV PLC

 

("PeerTV" or the "Company")

Issue of Equity

PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions announces that further to the placing announcement on 29 May 2014 (the "Placing") the Company has now received a further £40,000 taking the total amount received pursuant to the Placing to £254,000. Following receipt of the £40,000, the Company has issued and allotted 4,000,000 new ordinary shares of 0.5 pence each ("Ordinary Shares") at a price of 1 penny per new Ordinary Share ("Placing Shares").

Consideration for the remaining £12,300 to be received under the Placing is expected to be remitted to the Company by 30 June 2014 with the resulting 1,230,000 new Ordinary Shares issued and allotted to investors once the funds are received.

Application has been made for the Placing Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 19 June 2014 ("Admission").

Following Admission, the Company will have in issue 217,676,791 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company will be 217,676,791. This figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Further enquiries:

PeerTV Plc

Eitan Yanuv, Chairman

Tel: +972 974 07315

 

Daniel Stewart & Company

Antony Legge / David Coffman

Tel: +44 (0)20 7776 6550

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

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS