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Issue of Equity

7 Oct 2008 15:45

RNS Number : 2942F
TV Commerce Holdings PLC
07 October 2008
 



TV COMMERCE HOLDINGS PLC

ISSUE OF EQUITY

The Board TV Commerce Holdings plc (the "Company"), announces that it has issued 200,000,000 new ordinary shares of 0.02 pence nominal value at 0.025 pence each per share raising £50,000. The new ordinary shares will rank pari passu with the existing ordinary shares.

Application has been made for the new ordinary shares to be admitted to AIM. Dealings in the new ordinary shares are expected to commence on 13 October 2008.

Following the above issue of equity the enlarged share capital of the Company will be 1,264,179,632 ordinary shares of 0.02p each.

For further information please contact:

Vince Stanzione, CEO

TV Commerce Holdings plc

Tel: 013 4484 5000

David Newton/Aaron Smyth

Nominated Adviser

Dowgate Capital Advisers Ltd

Tel: 020 7492 4777

Drew Edmonstone, Broker

Dowgate Capital Stockbrokers Ltd

Tel: 020 7492 4799

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