Yoomedia PLC
13 September 2006
YooMedia plc (the 'Company' or 'YooMedia')
Additional Listing
The Company was notified on 8 September 2006 that Platinum Partners Value
Arbitrage Fund LP ('Platinum') have served a Loan Notice for the exercise of
7,453,416 ordinary shares at 1.61p per share. The service of the Loan Notice
was in accordance with the terms of the Convertible Note announced on 11 May
2006.
The Company was also notified on 11 September 2006 that Highbridge Capital
Management, LLC, have served a Loan Notice for the exercise of 7,588,448
ordinary shares at 1.6185p per share. The service of the Loan Notice was in
accordance with the terms of the Convertible Note announced on 11 May 2006.
In addition, the Company was notified that two former employees had served
notice to exercise options relating to 19,106 ordinary shares each (totaling
38,212 ordinary shares) at the exercise price of 1p per share.
The Company resolved on 5 September 2006 to issue 14,478,417 ordinary shares to
Mr Leo Noe at a conversion rate of 2p per share pursuant to a loan agreement
entered between Mr Noe and the Company on 29 March 2006.
Application will be made for 29,558,493 ordinary shares to be admitted to AIM
and dealings are expected to commence on 18 September 2006.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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