Additional Listing

    RNS Number : 2227I
  SPG Media Group Plc
  14 November 2008
   


    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN


    14 NOVEMBER 2008


    SPG Media Group Plc ("SPG Media")

    Exercise of options and Admission of shares 

    SPG Media announces that, pursuant to the announcement on 5 November 2008 declaring the Offer from Progressive Capital Limited wholly
unconditional, it has applied for 5,264,157 new ordinary shares to be admitted to AIM to satisfy the exercise of options.  Application for
admission was made on 13 November 2008 with trading expected to commence on 20 November 2008.

    Kenneth Appiah (Finance Director) has exercised 1,600,000 options which together with his previous holding of 138,314 represent
approximately 1.91 per cent. of the revised total issued share capital of 91,121,127 shares. These shares have been assented to the Offer.

    Terms used in this announcement shall have the same meaning given to them in the Offer Document unless otherwise required.

    ENQUIRIES

 Progressive
 Simon Pyper                     Tel: + 44 (0) 20 7336 5200

 Singer Capital Markets Limited
 Nicholas How                    Tel: + 44 (0) 20 3205 7500
 James Maxwell                   Tel: + 44 (0) 20 3205 7500
 Richard Savage                  Tel: + 44 (0) 20 3205 7500

 SPG Media Group Plc
 Kenneth Appiah                  Tel: + 44 (0) 20 7915 9600

 Blue Oar Securities Plc
 Mike Coe                        Tel: + 44 (0) 117 933 0020
 Marc Davies                     Tel: + 44 (0) 117 933 0020

    This announcement is not intended to and does not constitute, or form any part of, any offer to sell or any solicitation of any offer to
purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction. Any acceptance of or other
response to the Offer should be made only on the basis of the information contained or referred to in the Offer Document and (in the case of
SPG Media Shares held in certificated form) the Form of Acceptance.

    The availability of the Offer to persons who are not resident in the United Kingdom may be affected by the laws of their relevant
jurisdiction. Such persons should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdiction.
Further details in relation to overseas shareholders will be contained in the Offer Document.

    Unless otherwise determined by Progressive, and subject to any dispensation required from the Panel, the Offer is not being made,
directly or indirectly, in or into or by the use of the mails of, or by any means or instrumentality (including, without limitation,
telephonically or electronically) of interstate or foreign commerce of, or through any facilities of a national securities exchange of, the
United States, Canada, Australia or Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of such
jurisdiction. Accordingly, copies of this announcement are not being, and must not be mailed or otherwise forwarded, distributed or sent in,
into or from the United States, Canada, Australia or Japan and all persons receiving this announcement (including nominees, trustees and
custodians) must not mail or otherwise forward, distribute or send it in, into or from the United States, Canada, Australia or Japan. Doing
so may render invalid any purported acceptance of the Offer. Notwithstanding the foregoing, Progressive retains the right to permit the Offer to be accepted and any sale of securities pursuant to the
Offer to be completed if, in its sole discretion, it is satisfied that the transaction in question can be undertaken in compliance with
applicable law and regulation.

    Blue Oar Securities plc, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting
exclusively as financial adviser to SPG Media and no one else in connection with the Offer and will not be responsible to anyone other than
SPG Media for providing the protections afforded to clients of Blue Oar Securities plc or for providing advice in relation to the Offer.

    Singer Capital Markets Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting
exclusively as financial adviser to Progressive and no one else in connection with the Offer and will not be responsible to anyone other
than Progressive for providing the protections afforded to clients of Singer Capital Markets Limited or for providing advice in relation to
the Offer.


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