Papa Entertainment PLC
LSE : PAPP

July 02, 2014 11:02 ET

Issue of Equity

Press Release                                                                    2 July 2014

                                      Papa Entertainment plc
                                                 
                            ("Papa Entertainment" or the "Company")
                                                 
                                          Issue of equity

Papa  Entertainment  Plc  (ISDX: PAPP), the specialist UK group focused on  the  music  and  media
industries,  announces  that,  in  consideration of the  assignment  by  Iain  Cooper  of  certain
intellectual  property rights in relation to the Company's Raiding the Rock  Vault  Show,  it  has
issued  500,000  new ordinary shares of £0.01 each (the "New Ordinary Shares") at  4.5  pence  per
share to Iain Cooper.

The  New  Ordinary  Shares will be admitted to trading on the ISDX Growth Market  ("ISDX")  on  or
around 3 July 2014 and will rank pari passu with existing ordinary shares.  Following admission of
the  New  Ordinary Shares to trading on ISDX, the Company's issued share capital will  consist  of
72,556,290  ordinary shares with one voting right each.  The figure of 72,556,290 may be  used  by
shareholders  in the Company 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  share
capital of the Company under the FCA's Disclosure and Transparency Rules.


                                             - Ends -

For further information, please contact:
Papa Entertainment plc                                                                            
Harry Cowell, Chief Executive                                            Tel: +44 (0) 20 8977 0632
                                                                      www.papaentertainmentplc.com

Allenby Capital Limited                                                   Tel: +44 (0) 20 3328 5656
Alex Price / Michael McNeilly                                                www.allenbycapital.com

Media enquiries:
Abchurch                                                                                          
Henry Harrison-Topham / Jamie Hooper                                     Tel: +44 (0) 20 7398 7719
jamie.hooper@abchurch-group.com                                             www.abchurch-group.com

Notes to Editors

About Papa Entertainment

Papa  Entertainment  was  incorporated as a vehicle for the  purpose  of  acquiring  companies  or
businesses engaged in the entertainment, music and media industries.  Papa Entertainment  acquired
Mission Entertainment Group Limited and its subsidiaries (the "Mission Group") in July 2012.

Papa  Entertainment is led by its Chief Executive Officer, "Sir" Harry Cowell,  who  has  over  30
years' experience in the music industry.

The  Company's Non-Executive Chairman is Korda Marshall, who has during his career signed artists,
directed major label A&R departments, produced, executive produced and been a managing director of
three  recording  companies and has worked with performers including Take That,  MUSE,  Ash,  Paul
Oakenfold, the Eurythmics, Dave Stewart, Peter Andre, Garbage, James Blunt, Gnarls Barkley and The
Darkness,  personally  signing  or negotiating with several of these  artists.   Korda's  signings
include Mercury Music Prize winning band Alt-J.

Simon  Napier-Bell, a Non-Executive Director of Papa Entertainment, has enjoyed a long  career  in
the  entertainment  industry,  commencing in the 1960s,  with  notable  highlights  including  the
management of well-known artists such as "Wham!" and the "Yardbirds" and the co-writing of the No.
1 Hit Single "You don't have to say you love me" for Dusty Springfield.

Papa Entertainment was admitted to the ISDX Growth Market on 14 September 2012.

For more information on the Company please visit: www.papaentertainmentplc.com

Contact Information

  • Papa Entertainment PLC