Issue of Equity

17 May 2005 14:01

Motive Television PLC17 May 2005 Motive Television plc Issue of Equity To satisfy excess demand, Motive Television plc (the "Company") is pleased toannounce that it has placed through its broker, 7,000,000 new ordinary shares at3.125p per share to raise £218,750 before costs. The funds will be used toprovide additional working capital for the business. Application has been made to the London Stock Exchange for the admission of thefurther new ordinary shares issued to trading on AIM. Admission is expected totake place on 20 May 2005. This information is provided by RNS The company news service from the London Stock Exchange