Annual Report and Accounts
04 Mai 2007 - 9:00AM
UK Regulatory
RNS Number:1060W
ResponzeTV PLC
04 May 2007
ResponzeTV PLC ("the Company")
Annual Report and Accounts,
Partial Conversion of Loan Notes by DKR Soundshore Oasis Holding Fund Limited
and
Additional Loan Facility
The Company announces that its Annual Report and Accounts for the year ended 31
December 2006 has today been sent to shareholders. Copies are available at the
Company's offices at Suite 2508, Langham Place, 8 Argyle Street, Mongkok,
Kowloon, Hong Kong and on the Company's website www.responzetv.com.
The Company also announces that it has received a notice of conversion from DKR
Soundshore Oasis Holding Fund Limited ("Oasis") in respect of US$100,000 of
the US$3.0 million 6% Convertible Unsecured Loan Notes Due 2007 held by Oasis.
The conversion price is 33.5 pence per ordinary share of 16p each of the Company
("Ordinary Shares"), and this will result in the issue of 149,283 new
Ordinary Shares to Oasis, representing 0.22% of the enlarged issued share
capital of the Company.
Application has been made for the 149,283 new Ordinary Shares to be admitted to
trading on the London Stock Exchange's AIM market for listed securities
("Admission"). Admission is expected to become effective on 11 May 2007.
The Company further announces that Grand Pacific Finance Corp which, in January
2007, provided a US$2 million revolving credit loan to the Company's subsidiary,
Reliant International Media LLC, has agreed to increase the loan by US$1
million. The additional loan will be primarily used for financing the further
development of the Famous Discoveries business, the acquisition of which was
announced on 2 April 2007.
4 May 2007
For further enquiries contact:
Steven Goodman,
Executive Chairman, ResponzeTV PLC
+852 2295 1161
This information is provided by RNS
The company news service from the London Stock Exchange
END
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