Issue of Equity

RNS Number : 2942F

TV Commerce Holdings PLC

07 October 2008

 



TV COMMERCE HOLDINGS PLC

ISSUE OF EQUITY

The Board TV Commerce Holdings plc (the 'Company'), announces that it has issued 200,000,000 new ordinary shares of 0.02 pence nominal value at 0.025 pence each per share raising £50,000. The new ordinary shares will rank pari passu with the existing ordinary shares.

Application has been made for the new ordinary shares to be admitted to AIM. Dealings in the new ordinary shares are expected to commence on 13 October 2008.

Following the above issue of equity the enlarged share capital of the Company will be 1,264,179,632 ordinary shares of 0.02p each.

For further information please contact:

Vince Stanzione, CEO		TV Commerce Holdings plc		Tel: [phone]
David Newton/Aaron Smyth Nominated Adviser		Dowgate Capital Advisers Ltd		Tel: [phone]
Drew Edmonstone, Broker		Dowgate Capital Stockbrokers Ltd		Tel: [phone]

 

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