TIDMIBSA

RNS Number : 2468E

IBIS Media VCT 1 plc

07 April 2014

IBIS Media VCT 1 plc (the "Company")

Private placement

The board of directors of the Company announces that the Company has issued 269,884 shares on 5 April 2014 at a price of 59.34p per ordinary share, in accordance with the terms of a private placement.

Following the allotment described above, the issued share capital of the Company is 10,800,865 ordinary shares.

Application is now being made for the admission of the 269,884 ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities, which is expected to take place at the earliest practical opportunity.

For further information please contact:

IBIS Private Equity Partners LLP, Investment Adviser: 020 7070 7080

Robin Smeaton, The City Partnership (UK) Limited, Company Secretary: 0131 243 7210

This information is provided by RNS

The company news service from the London Stock Exchange

END

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