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Issue of Equity

22nd Dec 2016 13:03

RNS Number : 6353S
PCG Entertainment plc
22 December 2016
 

 

 

 

22 December 2016

PCG Entertainment Plc

("PCGE", the "Company" or the "Group")

PCG Entertainment Plc / Index: AIM / Epic: PCGE

 

Issue of Equity

 

PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific online media and entertainment company, today announces that it has issued 13,333,333 ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of the Company at a price of 0.15p each in settlement of accounts payable to Beaufort Securities, the Company's broker, to a value of £20,000 (the "Shares").

 

Application has been made to the London Stock Exchange for admission of the Shares to trading on AIM ("Admission"). It is expected that Admission will occur on 30 December 2016. The Shares will rank pari passu with the existing issued Ordinary Shares.

 

Following the issue of the Shares, and for the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital on Admission will consist of 1,339,226,221 Ordinary Shares.

 

For further information:

PCG Entertainment plc

Nick Bryant, CEO

Tel: +44 20 8004 4699

Allenby Capital

Nick Naylor / Nick Harriss / James Thomas

Tel: +44 20 3328 5656

Beaufort Securities

Saif Janjua

Tel: +44 20 7382 8300

Damson Communications

Abigail Stuart-Menteth

Tel: +44 20 7812 0645

 

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