Progressive Digital Media Group PLC Issue of Equity (2726C)
14 Mars 2014 - 8:00AM
UK Regulatory
TIDMPRO
RNS Number : 2726C
Progressive Digital Media Group PLC
14 March 2014
14 March 2014
Progressive Digital Media Group PLC
Issue of Equity
Progressive Digital Media Group plc ("Progressive" or the
"Company") announces that a further 305,080 ordinary shares of 1/14
pence each ("Ordinary Shares") have been issued and allotted
following the exercise of options by employees pursuant to the
vesting of the Company's Capital Appreciation Plan ("CAP").
Application will be made to the London Stock Exchange for the
305,080 Ordinary Shares, which will rank pari passu with the
existing Ordinary Shares in issue, to be admitted to trading on
AIM. Admission is expected to become effective on 27 March
2014.
The Company's total issued Ordinary Share capital following the
admission of the new Ordinary Shares will be 76,191,800 Ordinary
Shares. The Company does not hold any Ordinary Shares in treasury.
Therefore the total number of Ordinary Shares with voting rights in
the Company is 76,191,800. This figure of 76,191,800 Ordinary
Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
-ends-
Enquiries:
Progressive Digital Media Group plc 0207 936 6400
Mike Danson, Chairman
Simon Pyper, Chief Executive
N+1 Singer 0207 496 3000
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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