TIDMMSG 
 
   MILESTONE GROUP PLC 
 
   ("Milestone" or the "Company") 
 
   Issue of Equity 
 
   Milestone, the AIM quoted (AIM: MSG) provider of digital media and 
technology solutions, announces that it has agreed to issue 70,436,393 
new ordinary shares in the Company at a price of 1 penny per share, 
raising GBP694,363.93 in cash and settling GBP10,000 worth of trade 
creditors. 
 
   The company has built and developed an exciting product range and as 
previously announced at the interim results, was in the process of 
seeking funds to accelerate the commercialisation of these products as 
they have started to become revenue generating. 
 
   We are delighted to have now raised those funds at a premium to the 
existing share price. The funds raised will be used to further develop a 
number of Milestone's products and accelerate revenue opportunities 
including: 
 
 
   -- Digitising Disorder Magazine as announced on 30 April 2014, Milestone 
      acquired all rights and title to the Disorder publication. The Company 
      will now develop a digital offering to complement the printed version of 
      the magazine and expand its commercialisation; 
 
 
   -- Marketing and distribution of Winning in the Game of Life 
      this educational product addresses the aspects of the Social, Moral, 
      Spiritual and Cultural curriculum learning needs of pupils and is in the 
      process of being marketed to UK primary schools and other education 
      providers. The product benefits from a recurring revenue license model, 
      but requires a "train the trainer" approach to distribution prior to 
      sales generation that will require financing by the company; 
 
 
   -- Monetising and continuing momentum of the Passion Project to run 
      alongside the next engagement activities as announced on 8 May 2014, 
      including expansion of the PP portal and delivery mechanisms with our 
      partners; and 
 
 
   -- General working capital purposes and funding of key new staff - the 
      product range now requires specific skill-sets to ensure revenues are 
      generated, and to maintain support levels for both our customers and 
      end-users. This leads to a requirement for the additional recruitment of 
      staff into certain positions within the company - the fundraising 
      facilitates this process. 
 
 
   The new ordinary shares will rank pari passu with the existing ordinary 
shares of Milestone. Application has been made for the 70,436,393 
ordinary shares to be admitted to trading on AIM, which is expected to 
occur on or around 5 August 2014. 
 
   Following the issue, Milestone will have in issue 553,961,032 ordinary 
shares with voting rights. 
 
   For further information: 
 
 
 
 
Milestone Group PLC                              Tel: 020 7929 7826 
 Deborah White, Chief Executive 
 
Cairn Financial Advisers LLP, Nominated Adviser  Tel: 020 7148 7900 
 Liam Murray / Avi Robinson 
 
Hybridan LLP, Broker                             Tel: 020 3713 4581 
 Claire Louise Noyce 
 
 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Milestone Group PLC via Globenewswire 
 
   HUG#1844079 
 
 
  http://www.milestonegroup.co.uk/
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