MTV Motive Tv

TIDMMTV

RNS Number : 1471X

Motive Television PLC

26 August 2015

26 August 2015

Motive Television PLC

("Motive" or "the Company")

Result of General Meeting

The Company announces that at the General Meeting held earlier today, all resolutions were duly passed.

Accordingly, the capital reorganisation of the Company's shares will take place and the 222,546,221 new ordinary shares of 0.005 pence each ("New Ordinary Shares") will be admitted to trading on AIM with effect from 27 August 2015 ("Admission").

On Admission, the Company will have 222,546,221 New Ordinary Shares in issue.

The above 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 Disclosure and Transparency Rules.

Enquiries:

 
 Motive Television plc                T: +44 20 
   Michael Pilsworth, Chairman         7025 8425 
   Leonard M Fertig, CEO 
  Sanlam Securities UK (Nominated      T: +44 20 
   Adviser)                            7628 2200 
   Simon Clements/James Thomas 
  Beaufort Securities Ltd (Company     T: +44 20 
   Broker)                             7382 8300 
   Jon Belliss 
  Newgate Communications 
   Jason Nisse/Andre Hamlyn            T: +44 20 
                                       7680 6559 
   Media PR Europe 
   Gerry Buckland 
                                     T: +44 7774 
   Brainerd Communicators                 860011 
   Chris Plunkett/Mike Smargiassi 
 
                                       T: +1 212 
                                        986 6667 
 

Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:

Content Express(TM)

Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express(TM) makes that possible without having to build new networks. Content Express(TM) software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.

Motive's Content Express(TM) solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.

Tablet TV

With a proprietary app and T-Pod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.

Motive's content division is:

Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.

Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).

http://www.motivetelevision.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 26, 2015 06:57 ET (10:57 GMT)

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