Issue Of Equity
IMPERIAL MUSIC & MEDIA PLC
("Imperial" or the "Company")
Issue of Equity
Imperial is pleased to announce that the Company has raised GBP100,000
by way of a subscription for 80,000,000 new ordinary shares ("Shares")
at a price of 0.125p pence per share. The Shares, which represent 14.05%
of the Company's enlarged issued share capital, have been acquired by
Andrew James Cliff.
The proceeds of the subscription will be used for general working
capital purposes.
Following the issue of the shares above, Imperial has a total of
569,473,684 ordinary shares in issue.
The above figure may be used by shareholders 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, Imperial under the
FCA's Disclosure and Transparency Rules.
The Directors of the Company accept responsibility for this
announcement.
ENDS
Enquiries:
Imperial Music & Media Plc
Tel: 078 3018 2501
Greg Collier
Peterhouse Corporate Finance Limited
Tel: 020 7469 0933
Heena Karani
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: IMPERIAL MUSIC & MEDIA PLC via Thomson Reuters ONE
HUG#1725430
(END) Dow Jones Newswires
August 28, 2013 10:27 ET (14:27 GMT)