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Media Corporation PLC  -  MDC   

Issue of Equity

Released 07:00 25-Feb-2013

RNS Number : 5353Y
Media Corporation PLC
25 February 2013

25 February 2013


Media Corporation Plc

(the "Media Corp" or the "


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.


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






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Issue of Equity - RNS