Issue of Equity

Issue of Equity

MILESTONE GROUP PLC

"Milestone" or the "Company"

Issue of Equity

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, announces that it has agreed to issue 12,600,000 new ordinary shares in the Company, subject to Admission to AIM, raising £126,000 in cash at a price of 1 penny per share.

The new ordinary shares will rank pari passu with the existing ordinary shares of Milestone.

Application has been made for the 12,600,000 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 17 June 2014.

Following the issue, Milestone will have in issue 483,524,639 ordinary shares with voting rights.

For further information:

Milestone Group PLC
Deborah White, Chief Executive
Tel: 020 7929 7826
Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Avi Robinson
Tel: 020 7148 7900
Hybridan LLP, Broker
Claire Louise Noyce
Tel: 020 3713 4581



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#1792211
UK 100

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