Business
Loan Notes/Additional Listing
Loan Notes/Additional Listing.
About this update from Catalyst Media Group Plc
[{"type":"text","content":"\n Catalyst Media Group PLC\n06 July 2006\n\n6 July 2006\n\n Catalyst Media Group plc\n\n ('Catalyst' or 'the Company')\n\n Cancellation of Loan Notes and Additional Listing\n\nCatalyst announces that application is being made for the admission of\n13,751,375 new ordinary shares of 1p each in the Company ('New Ordinary Shares')\nto trading on the AIM market of the London Stock Exchange.\n\nThe New Ordinary Shares have been issued to John Servidio and Sam Domenico, in\nsatisfaction of the principal amount of £1.09 million due under loan notes\nissued pursuant to the acquisition of Betelgeuse Productions Inc in March 2004.\nAt the closing mid market price of 3.5p on 30 June 2006 the New Ordinary Shares\nhave a value of £481,298, resulting in a saving of £608,702 to the Company.\n\nIt is expected that admission will become effective and that dealings in the New\nOrdinary Shares will commence on 12 July 2006.\n\n\nEnd\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]