Issue of Equity (6556C)
May 03 2012 - 3:57AM
UK Regulatory
TIDMRAM
RNS Number : 6556C
RAM Active Media PLC
03 May 2012
RAM ACTIVE MEDIA PLC
("RAM" or the "Company")
Issue of Shares
Further to the announcement made by the Company on 19 October
2011 regarding the acquisition of Brandplay (UK) Limited, RAM, the
investor in Digital out of Home media, communications and
intellectual property, has issued a further 3,500,000 new ordinary
shares of 1p each in RAM ("New Shares") in respect of the
settlement of deferred consideration due under the acquisition
agreement.
Application has been made for the admission of the New Shares to
trading on AIM, which is expected to take place on 9 May 2012.
On admission, the New Shares will rank pari passu with the
existing ordinary shares in the Company. Following the issue, the
enlarged share capital of the Company will be 270,892,952 ordinary
shares.
Therefore the total number of Ordinary Shares in the Company
with voting rights is 270,892,952, which 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 to their interest in, the share capital of
the Company under the Financial Service Authority's Disclosure and
Transparency Rules.
For further information please call:
RAM Active Media plc
Tim Baldwin 0207 518 4303
Libertas Capital Corporate Finance
Limited
Sandy Jamieson 0207 569 9650
XCAP Securities PLC
Jon Belliss 0207 101 7070
This information is provided by RNS
The company news service from the London Stock Exchange
END
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