Issue of Equity

    RNS Number : 8929X
  Hollywood Media Services plc
  30 June 2008
   


    30 June 2008


    HOLLYWOOD MEDIA SERVICES PLC ("HOLLYWOOD" OR THE "COMPANY")

    ISSUE OF EQUITY


    The Board of Hollywood Media Services plc announces that it has issued and allotted, credited as fully paid, 670,000 new ordinary shares
of 0.125p each in the Company, representing 1.32 per cent. of the Company's issued ordinary share capital, (the "New Ordinary Shares") to
Dowgate Capital Advisers Limited ("DCA"), a wholly owned subsidiary of Dowgate Capital Plc, in respect of the exercise of the warrants held
by DCA.

    The New Ordinary Shares will rank pari passu with the existing ordinary shares.  

    Following this issue, Dowgate Capital Plc will hold 4,536,667 ordinary shares in the Company representing 8.84 per cent. of the
Company's issue share capital.

    Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that dealings will commence at
8:00 a.m. on 4 July 2008.

    Following this issue, the issued ordinary share capital of the Company will be 51,336,666 ordinary shares of 0.125 pence per share.


    For further information please contact:-

 Hollywood Media Services Plc      Tel:  [phone]
 Martin Eberhardt, Chief         
 Executive                       
                                 
 Nominated Adviser                 Tel:  [phone]
 Dowgate Capital Advisers        
 Limited                         
 Tony Rawlinson / Antony         
 Legge                           
                                 
 Broker                             Tel: [phone]
 IAF Securities Limited          
 David Coffman                   
                                 


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
IOEXBLFXVQBZBBV