AIM Disclosure Update

RNS Number : 4479V

Mirada PLC

18 April 2016

 

18 April 2016

Mirada plc

("Mirada" or "the Company")

AIM Disclosure Update

Mirada plc (AIM: MIRA), a leading provider of integrated software solutions for digital TV operators and broadcasters, provides the following disclosures regarding directors as required by rule 17 of the AIM Rules for Companies.

In 2004 the Company acquired The Gaming Channel Limited and Digital Interactive Studio Centre Limited, both of which entered into creditors' voluntary liquidation on 16 August 2010, as disclosed in the Company's annual report and accounts for the year ended 31 March 2010.  The estimated deficiencies to creditors was approximately £8.6m and £2.4m respectively.  Jose Luis Vazquez, Chief Executive Officer of the Company, was a director of those companies at the time, having been appointed to their Boards around the time of him joining the Company in 2008.

Francis Coles, a Non-Executive Director of the Company, was appointed as a director of Baring Brothers & Co., Limited (subsequently renamed Bishopscourt (BB&Co.) Limited) on 1 January 1994. Joint administrators were appointed to Baring Brothers & Co., Limited on 26 February 1995 and Mr Coles was one of over 60 directors of Baring Brothers & Co., Limited at the time.  Mr Coles was employed in the corporate finance department at the New York office at the time.

Enquiries:

Mirada plc José Luis Vázquez, Chief Executive Officer	[phone] [e-mail]
Newgate Communications Bob Huxford Robyn McConnachie Ed Treadwell	[phone] [e-mail]
Allenby Capital Limited (Nominated Adviser and Broker) Jeremy Porter / Alex Brearley / Liz Kirchner (Corporate Finance) Graham Bell / Katie Goad (Equity Sales)	[phone]

    About Mirada

    Mirada creates and manages products and services for digital TV operators and broadcasters. With over 
    15 years of experience, the Company focuses on the future of Digital TV - Multiscreen cross-platform 
    navigation - anytime, anywhere. It offers a complete suite of end-to-end modular products for STBs, PC, 
    smartphones and tablets, all with innovative state-of-the-art UI designs.

 

    Mirada's products and solutions have been deployed by some of the biggest names in digital media and 
    broadcasting including Televisa, Telefonica, Sky, Virgin Media, BBC, ITV and France Telecom. 
    Headquartered in London, Mirada has commercial offices across Europe and Latin America and 
    operates development centres in the UK and Spain. For more information, visit www.mirada.tv

 

END

 

 

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