Subscription

MILESTONE GROUP PLC "Milestone" or the "Company" SUBSCRIPTION AIM listed Milestone, the provider of digital media solutions and technology, announces a subscription to raise £30,000 (before expenses) through the issue of 1,200,000 new ordinary shares of 0.1 pence in the capital of the Company (the "Subscription Shares"). The Company has received and accepted an irrevocable application for Subscription 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 to be admitted to trading on AIM, with admission anticipated on or around 21 December 2009. The Subscription Shares, when fully paid and issued, will rank pari passu in all respects with the existing ordinary shares of Milestone. Post-admission, Milestone will have in issue 98,044,861 ordinary shares with voting rights. The Company does not hold any shares in treasury. The figure of 98,044,861 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules. So far as the Company is aware and subject to any new notifications received, the following persons will have a notifiable interest in the 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 of Martin King. FOR FURTHER INFORMATION: Milestone Group PLC Deborah White, Executive Director Tel: 020 7929 7826 Strand Hanson Ltd Richard Tulloch / David Altberg Tel: 020 7409 3494 Hybridan LLP Claire 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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