CMCP Content Media

TIDMCMCP

RNS Number : 5810D

Content Media Corporation PLC

24 March 2011

Date: 24 March 2011

On behalf of: Content Media Corporation PLC ('the Company')

Content Media Corporation PLC

Issue of shares

The Board of Content Media Corporation plc (AIM: CMCP) today announces that it has issued 2,122,287 ordinary shares of 1p each ("Ordinary Shares") at an average price of 2.44 pence per share in lieu of non-executive chairman fees owed to Alton Irby, who resigned as the Company's non-executive Chairman on 2 December 2010.

Application has been made for the admission of the 2,122,287 Ordinary Shares to AIM with admission expected to take place on 30 March 2011.

Following the issue of the shares Alton Irby will be interested in 7,375,036 Ordinary Shares, representing 4.2% of the Company's total issued share capital.

Following the issue of these shares, the Company will have a total of 176,820,670 Ordinary Shares in issue.

- Ends -

Enquiries:

 
 John Schmidt/Geoff Webb                www.contentmediacorp.com 
 Content Media Corporation PLC          Tel: 020 7851 6500 
 
 Philip Secrett/ Colin Aaronson/David 
  Hignell 
 Grant Thornton Corporate Finance         Tel: 020 7383 5100 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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