Loan Conversion & Issue of Equity

3 June 2015

PeerTV PLC

("PeerTV" or the "Company")

Loan Conversion and 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 15,200,577 Ordinary shares at a price of 0.175 pence per share to YA Global SPV Limited being a further conversion of principle of £26,156 and payment of accrued interest under the Convertible Note Facility announced on 10th February 2015.

Under the terms of the Convertible Loan Facility the Conversion is 90% of the lowest Volume Weighted Average Price (VWAP) during the ten consecutive Trading Days immediately prior to the Conversion Date.

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 10 June 2015 ("Admission").

Following Admission, the Company will have in issue 317,878,476 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 317,878,476. 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