Vision Media Group International | News
25 July 2008Confirmation of Total Voting Rights Directors’ Dealings
Vision Media Group (International) plc (AIM:VMG), the outdoor media contractor, announces that further to the share capital reorganisation following the General Meeting on 2 June 2008 (when 69,175,785 new ordinary shares were admitted to trading) and subsequent equity issues on 12 June and 3 July, the total number of shares in issue at the date of this notice is 80,163,698 as announced on 2 July 2008. There are no shares held in treasury. The total number of voting rights in the Company is therefore 80,163,698.
The above figure of 80,163,698 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, the Company, under the Disclosure and Transparency Rules.
The total number of shares in issue has been adjusted to this figure for the following reasons;
624,568 Ordinary Shares due to be issued to certain minority shareholders in the Group have not been issued because the shareholders in question have not completed the required transfer forms. These shares will therefore be cancelled pending application for issue by the shareholders concerned.
105,219 Ordinary Shares will be issued to Trafalgar Capital Specialized Investment Fund pursuant to the loan agreements announced on 28 May 2008. Application has been made for these shares to be issued.
Cancellation / Admission of the securities described above is due to take place on 30 July 2008.
Furthermore, Dominic Brookman as Chief Executive Officer, and Tim Ritson as the Group’s Sales and Marketing Director, have both transferred Ordinary Shares, 777,066 and 347,940 respectively, on 10 July 2008 to previous shareholders of Screen Media Networks Limited. This transaction completes a commitment to execute this deal based on certain criteria from the acquisition of Screen Media Networks by VMG earlier this year.
As a result, the significant shareholders’ and Directors’ interests (either directly or indirectly) in Ordinary Shares have been adjusted or reconfirmed accordingly:
|
Total Ordinary |
% of issued |
Dominic Brookman |
19,318,640 |
24.10 |
Mike Cottman |
10,779,550 |
13.45 |
Eric Anstee |
1,259,627 |
1.57 |
Tim Ritson |
8,532,178 |
10.64 |
Liontrust Asset Management |
7,867,544 |
9.81 |
Herald Investment Management Limited |
3,805,841 |
4.75 |
Williams De Broe |
3,384,857 |
4.22 |
Brewin Dolphin Securities |
2,536,771 |
3.16 |
For further information:
| Vision Media Group (International) plc | |
| Mike Cottman, Executive chairman | Tel: +44 (0) 203 206 0001 |
| mikec@visionmediagroupplc.com | www.visionmediagroupplc.com |
| Seymour Pierce Limited | |
| Stuart Lane / John Depasquale, Corporate Finance | Tel: +44 (0) 20 7107 8000 |
| stuartlane@seymourpierce.com | www.seymourpierce.com |
| Media enquiries: | |
| Abchurch Communications | |
| Henry Harrison-Topham / Gareth Mead | Tel: +44 (0) 20 7398 7710 |
| gareth.mead@abchurch-group.com | www.abchurch-group.com |