30 May 2012
Further to the announcement released on 28 May 2012 stating that a circular relating to a proposed capital reorganisation was posted to shareholders that day, Motive confirms that the new ordinary shares created in accordance with the capital reorganisation are expected to commence trading on 15 June 2012 with the ISIN GB00B7G7JN93.
Motive Television plc
Michael Pilsworth, Executive Chairman
Leonard M. Fertig, Chief Executive Officer
T: 020 7025 8425
Merchant Securities (Nominated Adviser)
Simon Clements / Virginia Bull
T: 020 7628 2200
XCAP Securities (Joint Broker)
T: 020 7101 7070
Nicholas Nelson/Madeline Douglas
T: 020 7367 5100
T: +44 7774 860011
Notes to Editors:
Motive Television provides digital television technology and services globally, enabling Television Anytime Anywhere. The market is driven by heightened consumer demand coupled with the mandatory switchover from analogue to digital broadcasting that, as mandated by the International Telecommunication Union, will come into full effect by 2015.
Motive Television provides broadcasters and platform operators with new sources of income and business models via its technologies:
Television Anytime is a technology that permits and enables broadcasters and platform operators to offer enhanced broadcasting services without the need for the Internet. Broadcasters can earn additional income through these services, including Catch-Up TV, Virtual Channels, Video-on-Demand and Targeted Advertising. Television Anytime is currently in commercial operation in Italy and successful tests have been carried out in the Czech Republic and Hungary.
Television Anywhere is an advanced place-changing television technology that allows a viewer to interact, control and watch their Internet-connected home television from a computer, mobile phone, iPad or any other Internet connected device. Television Anywhere is software orientated, does not require an additional box, and can be updated via software upgrades. US patent pending.
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).