Issue of Equity (2715G)
10 May 2011 - 5:53PM
UK Regulatory
TIDMIMD
RNS Number : 2715G
Independent Media Distribution PLC
10 May 2011
10 May 2011
Independent Media Distribution plc
("IMD" or "the Company")
Issue of Equity
The Board of IMD announces that, following the exercise of
options by employees of the Company, 161,118 ordinary shares in the
Company have been issued and allotted at an exercise price of 40
pence per ordinary share.
Accordingly, application has been made for the 161,118 new
ordinary shares to be admitted to trading on AIM and it is expected
that admission will take place on 13 May 2011.
The new ordinary shares will rank pari passu with the existing
shares of the Company. Following this allotment, the total issued
share capital of the Company will increase to 34,662,721 ordinary
shares.
For further information, please contact:
Independent Media Distribution plc 020 7468 6868
Simon Cox, Chief Executive
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Mark Taylor / Carl Holmes
Hudson Sandler 020 7796 4133
Alistair Mackinnon-Musson
Nathan Field
Email: imd@hspr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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