Subscription

Subscription

ID: 9605

(Thomson Reuters ONE) - MILESTONE GROUP PLC "Milestone" or the "Company" SUBSCRIPTIONAIM listed Milestone, the provider of digital media solutions andtechnology, announces a subscription to raise £30,000 (beforeexpenses) through the issue of 1,200,000 new ordinary shares of 0.1pence in the capital of the Company (the "Subscription Shares").The Company has received and accepted an irrevocable application forSubscription Shares from the following party (the "Subscription"):+-------------------------------------------------------------------+| Name of | Number of | Subscription | Subscription || subscriber | Subscription | Shares as | price || | Shares | proportion of | || | | the | || | | enlarged issued | || | | share | || | | capital | || | | post-admission | ||-------------------+--------------+-----------------+--------------|| Dominic Charles | 1,200,000 | 1.22% | 2.5p || Fairmann | | | |+-------------------------------------------------------------------+The Company will be making application for the Subscription Shares tobe admitted to trading on AIM, with admission anticipated on oraround 21 December 2009. The Subscription Shares, when fully paidand issued, will rank pari passu in all respects with the existingordinary shares of Milestone.Post-admission, Milestone will have in issue 98,044,861 ordinaryshares with voting rights. The Company does not hold any shares intreasury. The figure of 98,044,861 ordinary shares may be used byshareholders in the Company as the denominator for the calculationsby which they will determine if they are required to notify theirinterest in, or a change in their interest in, the share capital ofthe Company under the FSA's Disclosure and Transparency Rules.So far as the Company is aware and subject to any new notificationsreceived, the following persons will have a notifiable interest inthe issued share capital of Milestone post-admission:+-------------------------------------------------------------------+| | Post-admission ||-----------------------------+-------------------------------------|| | Number of | % of the enlarged || | ordinary shares | issued share || | | capital ||-----------------------------+-----------------+-------------------|| Lynchwood Nominees Ltd | 9,653,489 | 9.85% ||-----------------------------+-----------------+-------------------|| Deborah Jane White | 7,795,635 | 8.52% ||-----------------------------+-----------------+-------------------|| Martin King* | 6,121,595 | 6.24% ||-----------------------------+-----------------+-------------------|| Reginald John Brealey (held | 5,625,000 | || by W B Nominees Ltd) | | 5.74% ||-----------------------------+-----------------+-------------------|| Ultra Green Capital Ltd | 5,111,113 | 5.21% ||-----------------------------+-----------------+-------------------|| CMH Management Ltd | 4,817,290 | 4.91% ||-----------------------------+-----------------+-------------------|| Magdalene Manikam (held by | 4,166,667 | || Alliance Trust Pensions | | || Ltd) | | 4.25% ||-----------------------------+-----------------+-------------------|| John Godfrey | 4,166,667 | 4.25% ||-----------------------------+-----------------+-------------------|| Susan Auden | 4,166,667 | 4.25% ||-----------------------------+-----------------+-------------------|| Compass Securities Ltd | 4,166,667 | 4.25% |+-------------------------------------------------------------------+* of which 4,722,222 are held by Brewin Nominees Ltd on behalf ofMartin King.FOR FURTHER INFORMATION:Milestone Group PLCDeborah White, Executive Director Tel: 020 7929 7826Strand Hanson LtdRichard Tulloch / David Altberg Tel: 020 7409 3494Hybridan LLPClaire Louise Noyce / Stephen Austin Tel: 020 7947 4004---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 15.12.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 9605
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