29th Oct 2010 10:00
29 October 2010
Motive Television PLC
("Motive" or "the Company")
Exercise of Warrants
The Company announces that, following the exercise of warrants held by Citigroup Global Markets Limited, it has issued, conditional on admission, 27,000,000 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares").
Application has been made for the 27,000,000 Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 4 November 2010. Following the issue of these shares, the Company will have 795,113,552 Ordinary Shares in issue.
Contact:
Motive Television plc Mick Pilsworth
| T: 020 3080 9430 |
Merchant Securities Limited (Nominated Adviser) Simon Clements / Virginia Bull
| T: 020 7628 2200 |
Hybridan LLP (Joint Broker) Claire Noyce
| T: 020 7947 4350 |
Jendens Securities Limited (Joint Broker) Jeremy Read / Justine Waldisberg
| T: 0203 372 2586 |
Cubitt Consulting Chris Lane / Samantha Boston
| T: 020 7367 5100 |
Related Shares:
Motive Television Plc