Issue of Equity

Issue of Equity

19 December 2014
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 issued 16,175,000 ordinary shares of 0.1 pence each in the Company at a price of 1 pence per share, raising £161,750.  The new ordinary shares rank pari passu with the existing ordinary shares.

Application for the 16,175,000 ordinary shares has been made to the London Stock Exchange to be admitted to trading on AIM which is expected to occur on or around 30 December 2014. 

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital following this issue of equity, there will be 570,136,032 new ordinary shares in issue.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

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#1882195
UK 100

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