16th Apr 2015 09:16
16 April 2015
PeerTV PLC
("PeerTV" or the "Company")
Issue of Equity
PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions announces that it has issued 7,692,308 Ordinary Shares in part repayment of loans due by the Company and its subsidiary PeerTV Limited at a price of 0.65 pence per Ordinary Share. The amount of liabilities being repaid is £50,000.
Application has been made for the New Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 21 April 2015 ("Admission").
Following Admission, the Company will have in issue 161,054,020 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company will be 161,054,020. This figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
Further enquiries:
PeerTV Plc
Eitan Yanuv, Chairman
Tel: +972 974 07315
ZAI Corporate Finance Limited
Tim Cofman / Richard Morrison
Tel: +44 20 7060 2220
Daniel Stewart & Company plc
David Coffman
Tel: +44 207 7766550
Related Shares:
PTV.L