TIDMPCGE

RNS Number : 6353S

PCG Entertainment plc

22 December 2016

22 December 2016

PCG Entertainment Plc

("PCGE", the "Company" or the "Group")

PCG Entertainment Plc / Index: AIM / Epic: PCGE

Issue of Equity

PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific online media and entertainment company, today announces that it has issued 13,333,333 ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of the Company at a price of 0.15p each in settlement of accounts payable to Beaufort Securities, the Company's broker, to a value of GBP20,000 (the "Shares").

Application has been made to the London Stock Exchange for admission of the Shares to trading on AIM ("Admission"). It is expected that Admission will occur on 30 December 2016. The Shares will rank pari passu with the existing issued Ordinary Shares.

Following the issue of the Shares, and for the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital on Admission will consist of 1,339,226,221 Ordinary Shares.

For further information:

 
 PCG Entertainment plc 
 Nick Bryant, CEO             Tel: +44 20 8004 
                               4699 
 
 Allenby Capital 
 Nick Naylor / Nick Harriss   Tel: +44 20 3328 
  / James Thomas               5656 
 
 Beaufort Securities 
 Saif Janjua                  Tel: +44 20 7382 
                               8300 
 
 Damson Communications 
 Abigail Stuart-Menteth       Tel: +44 20 7812 
                               0645 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEAKBDKNBDDDBB

(END) Dow Jones Newswires

December 22, 2016 08:03 ET (13:03 GMT)