14 March 2015
Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, announces that it has agreed to issue 19,760,151 new ordinary shares in the Company, subject to Admission to AIM, raising £197,601.51 in cash at a price of 1 penny per share.
The new ordinary shares will rank pari passu with the existing ordinary shares of Milestone.
Application has been made for the 19,760,151 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 19 March 2014.
Following the issue, Milestone will have in issue 470,924,639 ordinary shares with voting rights.
Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray/Jo Turner
Tel: 020 7213 0880
Alexander David Securities Limited, Broker
David Scott
Tel: 020 7448 9820