Milestone Group PLC Issue Of Equity
June 15 2015 - 7:22AM
UK Regulatory
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 21,950,000
new ordinary shares in the Company, raising GBP217,000 in cash and
settling GBP2,500 worth of creditors at a price of 1 penny per share.
The new ordinary shares will rank pari passu with the existing ordinary
shares of Milestone.
Application has been made for the 21,950,000 ordinary shares to be
admitted to trading on AIM, which is expected to occur on or around 19
June 2015.
Following the issue, Milestone will have in issue 592,086,032 ordinary
shares with voting rights.
The above figure may be used by shareholders 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 Company under
the Disclosure and Transparency Rules.
For further information:
Milestone Group PLC Tel: 020 7929 7826
Deborah White, Chief Executive
Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Avi Robinson Tel: 020 7148 7900
Hybridan LLP, Broker
Claire Louise Noyce Tel: 020 3713 4581
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#1928492
http://www.milestonegroup.co.uk/
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