Milestone Group PLC Milestone Group Plc : Exercise Of Warrants & Issue Of Equity

 
TIDMMSG 
 
 
   13 December 2017 
 
   MILESTONE GROUP PLC 
 
   ("Milestone" or the "Company") 
 
   Exercise of Warrants and Issue of Equity 
 
   Milestone (AIM:MSG), the AIM quoted provider of digital media and 
technology, has received a notification from Mr Steven King, a 
shareholder in the Company, for the exercise of warrants over 30,000,000 
ordinary shares in the Company at an exercise price of 0.5p per share, 
providing the Company with proceeds of GBP150,000. 
 
   Application will be made to the London Stock Exchange to admit the 
30,000,000 new ordinary shares to trading on AIM. Admission of the new 
ordinary shares is expected to occur on or around 19 December 2017.  The 
new ordinary shares will rank pari passu with the existing ordinary 
shares. 
 
   For the purpose of the Disclosure and Transparency Rules, following the 
issue of shares detailed above the enlarged issued share capital of the 
Company will comprise 1,808,768,317 ordinary shares of 0.1p each. The 
above figure may be used by shareholders as the denominator for the 
calculations by which they will determine if they are required to notify 
their interest in, or a change to their interest in, the Company, under 
the Disclosure and Transparency Rules. 
 
   This announcement contains inside information for the purposes of 
Article 7 of EU Regulation 596/2014. 
 
   For further information: 
 
 
 
 
 
  Milestone Group PLC                              Tel: [phone] 
  Tony Sanders 
 
Cairn Financial Advisers LLP, Nominated Adviser  Tel: [phone] 
 Liam Murray / Jo Turner 
 
 
  Hybridan LLP, Broker                             Tel: [phone] 
  Claire Louise Noyce                              Tel: [phone] 
  Walbrook PR Limited, PR 
  Gary Middleton / Paul Cornelius 
 
 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Milestone Group PLC via Globenewswire 
 
 
  http://www.milestonegroup.co.uk/ 
 

(END) Dow Jones Newswires

December 13, 2017 06:30 ET (11:30 GMT)

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