Clarification re substantial shareholders

RNS Number : 7746K
Parallel Media Group PLC
11 July 2017
 

 11 July 2017

 

Parallel Media Group Plc ("PMG" or the "Group")

 

Clarification statement re substantial shareholders

 

Parallel Media Group Plc (AIM: PAA), a leading event marketing and media agency notes, announces that a letter containing the following statement is being posted to all shareholders in the Group (the "Shareholders"):

 

"In the Group's annual results for the year ended 31 December 2016, distributed to Shareholders on 30 June 2017 and announced via RNS on the same date, a table listing substantial shareholders in the Group was misstated. A correct list of substantial shareholders in the Company is confirmed as follows:

 

Substantial Shareholders

The following investors have notified the Directors that they hold or are beneficially interested in 3% or more of the Group's ordinary share capital:

 

No.

%

David Ciclitira Concert Party

1,013,275

33.67%

Hargreaves Lansdown (Nominees) Ltd

 588,230

19.55%

Ranjit Murugason

180,742

6.01%

Vidacos Nominees Ltd

136,187

4.53%

JIM Nominees

118,158

3.93%

Cantor Fitzgerald Europe

106,769

3.55%

HSDL Nominees Ltd

92,261

3.07%"

 

The Company's issued ordinary share capital comprises 3,009,233 shares.

 

For further information please contact:

 

Parallel Media Group Plc

David Ciclitira                                                    Tel: 020 7225 2000

 

Stockdale Securities Limited

Richard Johnson / Edward Thomas          Tel: 020 7601 6100

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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