Milestone Group PLC : 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 8,347,500 new ordinary shares in the Company, subject to Admission to AIM, raising £81,000 in cash and settling £2,475 worth of trade creditors 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 8,347,500 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 29 January 2014.

Following the issue, Milestone will have in issue 451,164,488 ordinary shares with voting rights.

For further information:

Milestone Group PLC Deborah White, Chief Executive	Tel: [phone]
Cairn Financial Advisers LLP, Nominated Adviser Liam Murray / Avi Robinson	Tel: [phone]
Hybridan LLP, Broker Claire Louise Noyce	Tel: [phone]

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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

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