8th Jul 2008 15:02
Media Corporation PLC Exercise of warrants Media Corporation plc (AIM:MDC) announces that warrants over ordinary shares of1p each in the share capital of the Company were exercised on 2 July 2008. Details of the warrants exercised are as follows: \* TNumber of warrants Exercise Price900,000 2p\* T Accordingly, application has been made for 900,000 ordinary shares of 1p each inthe Company, which will rank pari passu with existing ordinary shares, to beadmitted to trading on AIM. The admission is expected to occur on or about 9July 2008. Following the exercise of these warrants the total issued capital ofthe Company is 280,297,298 ordinary shares. For further information please contact: Media Corporation plcJustin Drummond, Chief ExecutiveNilesh Jagatia, Group Finance Director+44 (0)20 7618 9000 Buchanan CommunicationsCharles Ryland/Suzanne Brocks/Susanna Gale+44 (0)20 7466 5000 Canaccord Adams LimitedMark Williams, Managing Director+44 (0)20 7050 6500 Notes to editors: Listed on the AIM market of the London Stock Exchange, Media Corp is a leadinginternet media and advertising group focused on website publishing and onlineadvertising. The Group has two principal divisions: Advertising Network - Formed in 1996, Eyeconomy specialises in mass reachcampaigns to over 32 Million unique consumers per month via its own proprietaryad-serving and tracking technology for clients including AOL, Dell and AmericanExpress. www.eyeconomy.co.uk Website Publishing - Media Corp has a diverse publishing division specializingin online media. Our impressive portfolio of websites includes a number ofmarket leading sites including www.gambling.com, www.onthebox.comwww.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk. www.mediacorpplc.com Copyright Business Wire 2008Related Shares:
MDC.L