Regulatory Story
Go to market news section View chart   Print
Company Media Corporation PLC
TIDM MDC
Headline

Issue of Equity

Released 07:00 25-Feb-2013
Number 5353Y07

RNS Number : 5353Y
Media Corporation PLC
25 February 2013
 



25 February 2013

 

Media Corporation Plc


(the "Media Corp" or the "
Company")

 

Issue of Equity

 

The Company is pleased to announce that it has issued and allotted 200,000,000 new ordinary shares of 0.1p (the "Subscription Shares") following the receipt of subscriptions from investors for the Subscription Shares raising £200,000 for the Company. The funds raised will be used for general working capital and the pending launch of the Company's Intabet and Betcomparer platforms.

Application will be made for the Subscription Shares to be admitted to trading on AIM with Admission expected on 1 March 2013.

Following the issue of the Subscription Shares the Company the enlarged issued share capital of the Company is 1,094,625,034 ordinary shares of 0.1p each. This figure may be used by shareholders as the denominator for the calculation 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 FSA's Disclosure and Transparency Rules.

Following the issue of Subscription Shares Carlos Management Limited holds 200,000,000 ordinary shares representing 18.27% of the enlarged issued share capital.

--END--

Media Corporation Plc

Phil Jackson - Chairman

 

Tel: +44 207 618 9000



 

Northland Capital Partners Limited

Luke Cairns / Lauren Kettle (Nominated Adviser)

 

 

Tel: + 44 207 796 8800



XCAP Securities

Jon Belliss (Joint Broker)

 

Tel: + 44 207 101 7070



Bishopsgate Communications

Tel: + 44 207 562 3350

Nick Rome


 

 

 




 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOENKBDBFBKDQBB
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Issue of Equity - RNS