RNS Number : 8929X
Hollywood Media Services plc
30 June 2008
30 June 2008
HOLLYWOOD MEDIA SERVICES PLC ('HOLLYWOOD' OR THE 'COMPANY')
ISSUE OF EQUITY
The Board of Hollywood Media Services plc announces that it has issued and allotted, credited as fully paid, 670,000 new ordinary shares of 0.125p each in the Company, representing 1.32 per cent. of the Company's issued ordinary share capital, (the 'New Ordinary Shares') to Dowgate Capital Advisers Limited ('DCA'), a wholly owned subsidiary of Dowgate Capital Plc, in respect of the exercise of the warrants held by DCA.
The New Ordinary Shares will rank pari passu with the existing ordinary shares.
Following this issue, Dowgate Capital Plc will hold 4,536,667 ordinary shares in the Company representing 8.84 per cent. of the Company's issue share capital.
Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that dealings will commence at 8:00 a.m. on 4 July 2008.
Following this issue, the issued ordinary share capital of the Company will be 51,336,666 ordinary shares of 0.125 pence per share.
For further information please contact:-
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Hollywood Media Services Plc
Martin Eberhardt, Chief Executive
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Tel: 020 7332 2200
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Nominated Adviser
Dowgate Capital Advisers Limited
Tony Rawlinson / Antony Legge
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Tel: 020 7492 4777
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Broker
IAF Securities Limited
David Coffman
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Tel: 020 7747 7400
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This information is provided by RNS
The company news service from the London Stock Exchange
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