PCG Entertainment plc Issue of Equity (6353S)
22 December 2016 - 1:03PM
UK Regulatory
TIDMPCGE
RNS Number : 6353S
PCG Entertainment plc
22 December 2016
22 December 2016
PCG Entertainment Plc
("PCGE", the "Company" or the "Group")
PCG Entertainment Plc / Index: AIM / Epic: PCGE
Issue of Equity
PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific
online media and entertainment company, today announces that it has
issued 13,333,333 ordinary shares of 0.1 pence each ("Ordinary
Shares") in the capital of the Company at a price of 0.15p each in
settlement of accounts payable to Beaufort Securities, the
Company's broker, to a value of GBP20,000 (the "Shares").
Application has been made to the London Stock Exchange for
admission of the Shares to trading on AIM ("Admission"). It is
expected that Admission will occur on 30 December 2016. The Shares
will rank pari passu with the existing issued Ordinary Shares.
Following the issue of the Shares, and for the purposes of the
Disclosure and Transparency Rules, the Company's total issued share
capital on Admission will consist of 1,339,226,221 Ordinary
Shares.
For further information:
PCG Entertainment plc
Nick Bryant, CEO Tel: +44 20 8004
4699
Allenby Capital
Nick Naylor / Nick Harriss Tel: +44 20 3328
/ James Thomas 5656
Beaufort Securities
Saif Janjua Tel: +44 20 7382
8300
Damson Communications
Abigail Stuart-Menteth Tel: +44 20 7812
0645
This information is provided by RNS
The company news service from the London Stock Exchange
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December 22, 2016 08:03 ET (13:03 GMT)