Cellcast News
Issue of equity
07 November 2007
Cellcast plc (AIM: CLTV), the global interactive digital broadcaster, announces that following a request by Headstart it has allotted 1,670,650 Ordinary Shares ("the Conversion Shares") at a price of 3.0875p to Headstart in respect of the conversion of £50,000 nominal of convertible redeemable loan notes plus accrued interest of £1,581.34.
Application has been made for the Conversion Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to AIM, and admission is expected to be effective on 13 November 2007.
Following this notification, the total number of shares in issue stands at 64,263,224.
For further information:
| Cellcast plc |
|
Andrew Wilson, CEO |
Tel: +44 (0) 20 7190 0300 |
| HB Corporate | |
| Edward Hutton / Rachel Kane | Tel: +44 (0) 20 7510 8600 |
| r.kane@hbcorporate.co.uk | www.hbcorporate.co.uk |
| Media enquiries: | |
| Threadneedle Communications | Tel: +44 (0) 20 7936 9605 |
| Graham Herring / Josh Royston | |
| graham.herring@threadneedlepr.co.uk |
About Cellcast plc
Cellcast plc (AIM: CLTV) is a leading international provider of participation television applications and interactive mobile content in the fast-growing multi-platform digital entertainment sector. Headquartered in London, with associated operations in Paris, Beirut, Mumbai, Hong Kong and Sao Paolo, Cellcast's applications and programming are distributed on the Sky Digital and Freeview platforms in the UK, and the company is partnered with broadcasters and telecom networks in Europe, the Middle East, India, South-East Asia, China, and South America. Cellcast plc joined the AIM market of the London Stock Exchange in 2005.