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Issue of Equity

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MILESTONE GROUP PLC
(“Milestone” or the “Company”)

Issue of Equity

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, announces that it has agreed to issue 15,067,550 new ordinary shares of 0.1p per share in the Company, subject to Admission to AIM, raising £113,500 in cash and settling £37,175.50 worth of creditors at a price of 1 pence per share. The proceeds will be used for general working capital purposes.

The 15,067,550 new ordinary shares will rank pari passu with the existing ordinary shares of Milestone.

Application has been made for the 15,067,550 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 11 November 2015.

Following the issue, Milestone will have in issue 607,153,582 ordinary shares with voting rights.

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.

For further information:

Milestone Group PLC
Deborah White, Chief Executive
 

 Tel: 020 7929 7826
Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Avi Robinson
 

Tel: 020 7148 7900
   
Hybridan LLP, Broker
Claire Louise Noyce
 

Tel: 020 3764 2341

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