13th Nov 2009 16:45
VITESSE MEDIA PLC
("Vitesse Media" or the "Company")
Capital Reorganisation
Further to the announcement on 14 August, the Company would like to clarify that the capital reorganisation approved by the shareholders at the AGM resulted in the sub division of each issued existing ordinary share with a nominal value of 10 pence into one new ordinary share with a nominal value of 1 pence and one deferred share with a nominal value of 9 pence.
Application has been made for the new ordinary shares to be admitted to trading on AIM. Trading of the new ordinary shares is anticipated to commence on 16 November 2009.
Shareholders' interests in the Company remain unchanged and hence no new share certificates will be issued. The Ordinary Shares in issue remain the same being 25,603,787 ordinary shares.
Enquiries:
Vitesse Media Plc Sara Williams +44 20 7250 4010Leslie Copeland
Seymour Pierce Ltd
Nandita Sahgal +44 207 107 8000
Related Shares:
BONH.L