TIDMVMG 
 
RNS Number : 4883U 
Vision Media Group (Intl) PLC 
25 June 2009 
 

 
 
+------------------------------------+------------------------------------+ 
| Press Release                      |                       25 June 2009 | 
+------------------------------------+------------------------------------+ 
 
 
Vision Media Group (International) plc 
 
 
("VMG" or "the Company") 
 
 
Loan agreement 
 
 
Vision Media Group (International) plc (AIM:VMG), the outdoor media contractor, 
announces that it has agreed a new debt facility of GBP250,000 from a recent new 
investor in VMG.  The loan will have a five year term with an interest rate of 
1.5% over LIBOR paid annually in arrears.  The loan will have a fixed and 
floating charge over the Company and will be subordinated to Trafalgar Capital 
LLP and rank pari passu to the Mike Cottman and Eric Anstee charges. 
 
 
By way of additional security and as an incentive to agree to the new facility, 
board member Mike Cottman has agreed to provide the investor with shares in VMG 
Global Limited ("VMG Global"), a business which has been established to develop 
the non-UK VMG product and service offering under licence from the Company as 
announced on 28 May 2008. The new investor will provide free of charge 
consultative resources to both the Company and VMG Global, which should assist 
the Company in developing income via the licence agreement with VMG Global. 
 
 
VMG retains an ongoing royalty payment from VMG Global which is currently 10% of 
the net income to be derived from the international business.  This royalty 
payment will move to 5% of net income for the period May 2010 to April 2011 and 
then 2% from May 2011 up until May 2033 when the licence ends. 
 
 
Mike Cottman, Executive Chairman of VMG, said: "We are extremely pleased to have 
secured an agreement from a new investor for this loan facility. The extra 
financing will contribute to the Company's working capital and ongoing liquidity 
issues which continue to remain extremely challenging." 
 
 
- Ends - 
 
For further information: 
+-----------------------------------------+------------------------------+ 
| Vision Media Group (International) plc  |                              | 
+-----------------------------------------+------------------------------+ 
| Mike Cottman, Executive Chairman        |    Tel: +44 (0) 161 428 5544 | 
+-----------------------------------------+------------------------------+ 
| mikec@visionmediagroupplc.com           |  www.visionmediagroupplc.com | 
+-----------------------------------------+------------------------------+ 
 
 
+----------------------------------------------+-------------------------+ 
| Seymour Pierce Limited                       |                         | 
+----------------------------------------------+-------------------------+ 
| John Depasquale, Corporate Finance           |    Tel: +44 (0) 20 7107 | 
|                                              |                    8000 | 
+----------------------------------------------+-------------------------+ 
| jdp@seymourpierce.com                        |   www.seymourpierce.com | 
+----------------------------------------------+-------------------------+ 
 
 
Media enquiries: 
+----------------------------------------------+-------------------------+ 
| Abchurch                                     |                         | 
+----------------------------------------------+-------------------------+ 
| Henry Harrison-Topham / Jack Ballantyne      |    Tel: +44 (0) 20 7398 | 
|                                              |                    7714 | 
+----------------------------------------------+-------------------------+ 
| jack.ballantyne@abchurch-group.com           |  www.abchurch-group.com | 
+----------------------------------------------+-------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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