Share Issue/Capital Change • Feb 25, 2013
Share Issue/Capital Change
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National Storage Mechanism | Additional information
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.
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| 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
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