Application to admit shares to AIM

RNS Number : 6759F

TMT Investments PLC

28 April 2014

 

28 April 2014

TMT INVESTMENTS PLC

("TMT" or the "Company")

Application to admit shares to AIM

On 11 December 2012 , the Company announced a cash-for-shares swap arrangement with the Company's senior management announced pursuant to which German Kaplun, Alexander Morgulchik and Artyom Inyutin agreed to receive all of their 2013 salaries in TMT shares at a price of US$1.60 per share rather than monthly in cash).  On 31 December 2013 the Company issued 187,500 ordinary shares of no par value each in the Company in accordance with the terms of the cash-for-shares swap arrangement and as announced on 11 December 2012.

An application has been made to admit these shares to AIM which is expected to occur on 1 May 2014. The new ordinary shares rank pari passu with the existing ordinary shares.  

The Company currently has a total of 24,977,728 ordinary shares in issue.

For further information contact:

TMT Investments Plc Mr. Alexander Selegenev www.tmtinvestments.com	[phone] [e-mail]
ZAI Corporate Finance Ltd. NOMAD and Broker Ray Zimmerman/Richard Morrison/Irina Lomova	[phone]
Kinlan Communications David Hothersall	Tel. [phone] [e-mail]

 

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