Issue of Equity (3128P)

TIDMTNG

RNS Number : 3128P

Tangent Communications PLC

30 September 2011

Tangent Communications plc

("Tangent" or the "Company")

Issue of Equity

Tangent has today made an application for a total of 1,753,278 ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to trading on AIM.

The new Ordinary Shares have been issued under the terms of the agreement, completed in September 2009, to acquire The DDG Network Limited together with Double D Management LLP, ("Snowball"). The shares were issued to satisfy the deferred element of the consideration in respect of the year from 1(st) September 2010 to 31(st) August 2011, as per our announcement on 17(th) September 2009.

Admission of the new Ordinary Shares to trading on AIM is expected to become effective at 8.00am on 6(th) October 2011 (the "Admission").

On Admission, the total number of Ordinary Shares in the Company will be 176,445,113.

The Company holds no shares in treasury. Therefore, the total number of voting rights in the Company is 176,445,113. This figure 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 Financial Services Authority's Disclosure and Transparency Rules.

Enquiries to:

 
     Tangent Communications 
      plc                             020 7462 6100 
     Timothy Green, CEO 
 
     Collins Stewart Europe 
      Limited                         020 7523 8350 
     Matt Goode/Ileana Antypas

This information is provided by RNS

The company news service from the London Stock Exchange

END

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