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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Motive Tv | LSE:MTV | London | Ordinary Share | GB00BZ56DX12 | ORD 0.005P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00225 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMTV
RNS Number : 6673P
Motive Television PLC
22 February 2016
22 February 2016
Motive Television PLC
("Motive" or the "Company")
Further re. Convertible Loan Notes ("CLNs")
Convertible Loan Notes
On 20 January the Company announced that the largest CLN holder had agreed to vary the terms of the previously announced deal and extend the completion date until 19 February 2016. Consequently, the Company was required to pay GBP150,000 plus GBP28,200 in legal fees in cash in order to acquire the GBP1,393,795 of CLNs held by the largest holder. The Company has been unable to meet this requirement and accordingly the CLNs have not been acquired.
Enquiries:
Motive Television plc T: +44 20 7025 8425 Michael Pilsworth, Chairman Leonard M Fertig, CEO Beaufort Securities T: +44 20 7382 8300 Jon Belliss
This information is provided by RNS
The company news service from the London Stock Exchange
END
FURURRORNRAUUAR
(END) Dow Jones Newswires
February 22, 2016 02:00 ET (07:00 GMT)
1 Year Motive Television Chart |
1 Month Motive Television Chart |
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