Directors' Dealings (2822C)

TIDMPRO

RNS Number : 2822C

Progressive Digital Media Group PLC

30 April 2012

Progressive Digital Media Group plc

Completion of Placing and Capitalisation

Directors' Dealings

Progressive Digital Media Group plc ("PDMG" or the "Company") announces that pursuant to the Placing and Capitalisation, as announced on 5 April 2012, 111,111,111 new Ordinary Shares in respect of the Placing and 44,444,444 new Ordinary Shares in respect of the Capitalisation have been admitted to trading on AIM at 8.00 a.m. today ("Admission").

Following the Capitalisation and the Placing, Michael Danson's resultant interests in the Ordinary Shares of the Company are as follows:

 
                        Holding prior to       %    Holding following       % 
              Placing and Capitalisation              the Placing and 
                       (Ordinary Shares)               Capitalisation 
                                                    (Ordinary Shares) 
 M Danson                    315,853,181   83.89          360,297,625   67.72

Following Admission, the Company's issued share capital consists of 532,047,686 Ordinary Shares with voting rights. There are no Ordinary Shares held in treasury. Therefore, in accordance with the FSA's Disclosure and Transparency Rule 5.6.1, the Company confirms that the total number of voting rights in PDMG is 532,047,686.

Terms used in this announcement shall have the same meaning as set out in the Circular dated 5 April 2012.

For further information please contact:

 
 Progressive Digital Media Group plc    0207 936 6400 
-------------------------------------  -------------- 
 Mike Danson, Chairman 
-------------------------------------  -------------- 
 Mark Meek, CEO 
-------------------------------------  -------------- 
 
 Singer Capital Markets Limited         0203 205 7500 
-------------------------------------  -------------- 
 James Maxwell 
-------------------------------------  -------------- 
 Nick Donovan 
-------------------------------------  -------------- 
 
 Hudson Sandler                         0207 796 4133 
-------------------------------------  -------------- 
 Nick Lyon 
-------------------------------------  --------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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