TMT Investments PLC Application to admit shares to AIM (7772B)
January 09 2015 - 5:59AM
UK Regulatory
TIDMTMT
RNS Number : 7772B
TMT Investments PLC
09 January 2015
9 January 2015
TMT INVESTMENTS PLC
("TMT" or the "Company")
Application to admit shares to AIM
On 16 December 2013, the Company announced a cash-for-shares
swap arrangement with the Company's senior management pursuant to
which German Kaplun, Alexander Morgulchik and Artyom Inyutin agreed
to receive all of their 2014 salaries in TMT shares at a price of
US$1.70 per share rather than monthly in cash. On 31 December 2014
the Company issued 176,469 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 16 December 2013.
As a result, Mr. Alexander Morgulchik and Mr. German Kaplun
collectively now own 22.12% of the issued share capital of TMT, and
Mr. Artyom Inyutin owns 14.66% of the issued share capital of
TMT.
An application has been made to admit these shares to AIM, which
is expected to occur on 15 January 2015. The new ordinary shares
rank pari passu with the existing ordinary shares.
The Company currently has a total of 27,744,962 ordinary shares
in issue.
For further information contact:
TMT Investments Plc +44 1534 281 843
Mr. Alexander Selegenev alexander.selegenev@tmtinvestments.com
www.tmtinvestments.com
ZAI Corporate Finance
Ltd.
NOMAD and Broker
Richard Morrison/Irina
Lomova +44 20 7060 2220
Kinlan Communications +44 20 7638 3435
David Hothersall davidh@kinlan.net
This information is provided by RNS
The company news service from the London Stock Exchange
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