Further Issue of Equity RNS Number : 6747YMedia Corporation PLC
26 February 2013
Media Corporation plc
(Media Corp or the Company)
Further issue of shares
Media Corp is pleased to announce that following the announcements released yesterday regarding the subscription to raise, in aggregate, £200,000, the Company has received further investor interest in the Companys shares. Accordingly, the Company is pleased to announce that, subject to the passing of certain resolutions at a general meeting to be held by the Company, it has raised a further £100,000 through the placing of 100,000,000 new ordinary shares of 0.1p each at 0.1p per share (the Placing Shares).
The issue of the Placing Shares, together with the 86,000,000 subscription shares announced yesterday, will be subject to the approval by shareholders of certain resolutions at a general meeting of the Company. Application for the admission to trading on AIM of the Placing Shares and further subscription shares will be made prior to the general meeting. A further announcement will be made shortly confirming the details and timing of the general meeting.
Contact
Media Corporation Plc Tel: 44 207 618 9000
Phil Jackson - Chairman
Northland Capital Partners Limited Tel: 44 207 796 8800
Luke Cairns / Lauren Kettle (Nominated Adviser)
XCAP Securities Tel: 44 207 101 7070
Jon Belliss (Joint Broker)
Bishopsgate Communications Tel: 44 207 562 3350
Nick Rome
This information is provided by RNS
The company news service from the London Stock Exchange
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RNS Number : 6747Y Media Corporation PLC 26 February 2013 Media Corporation plc(Media Corp or the Company) Further issue of shares Media Corp is pleased to announce that following the announcements released yesterday regarding the subscripti...
