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Issue of Equity

27th Jul 2012 08:29

RNS Number : 6750I
DCD Media PLC
27 July 2012
 

DCD Media plc

("DCD" or "the Company")

Issue of equity

Following approval of the conversion of Loan Notes and waiver of Rule 9 of the Takeover Code at the Company's General Meeting on 24 July 2012, DCD has received notices from Timeweave and Henderson to convert Loan Notes and accrued interest into, in aggregate, 172,539,050 new ordinary shares of 1p each in the Company ("Ordinary Shares").

 

Application is being made for 172,539,050 Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). The new Ordinary Shares will rank pari passu with existing Ordinary Shares and Admission is expected to take place on 1 August 2012.

 

The total number of Ordinary Shares in issue following Admission will be 371,209,333 with each Share carrying the right to one vote. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 371,209,333. The above figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

 

The terms used in this announcement have the same meaning as the terms defined in the Company's circular to shareholder issued on 3 July 2012.

 

For further information please contact:

 

Sammy Nourmand, Chief Executive

DCD Media plc

Tel. 020 8 563 6976

 

Stuart Andrews/Charlotte Stranner/Rose Herbert

finnCap

Tel: 020 7220 0500

 

 

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