26th Jun 2013 14:33
26th June 2013
PeerTV PLC
Placing and Issue of equity
PeerTV (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market and PCB (printed circuit board) production solutions, announces the issue of new ordinary shares.
As reported on 16th June 2013 the Company has raised £750,000 through a placing of 21,428,550 new ordinary shares placed at a price of 3.5 pence per share. Each investor receives an equal number of five year warrants to purchase ordinary shares at 4.0 pence per share. The shares and attached warrants were placed with private investors.
A second tranche of £249,500 has been remitted to the Company and 7,128,564shares have been allotted to investors. This brings the total gross amount received by the Company to £550,500.
Application will be made for the 7,128,564 shares to be admitted to trading on AIM and admission is expected on or after 2 July 2013.
Further enquiries:
PeerTV Plc | |
Eitan Yanuv, Chairman | +972 974 07315 |
Libertas Capital Corporate Finance Ltd | |
Thilo Hoffmann | +44 (0) 207 569 9650 |
Related Shares:
PTV.L