Milestone Group PLC : Further Subscription, Issue of Equity & Warrants

MILESTONE GROUP PLC
("Milestone" or the "Company")

Subscription, Issue of Equity and Warrants

Milestone (AIM: MSG), the AIM and Social Stock Exchange quoted provider of digital media, technology and social impact solution, announces that it has agreed to issue 20,000,000 new ordinary shares of 0.1p per share in the Company, subject to Admission to AIM, raising £40,000 at a price of 0.2p per share.

The Company also announces that it will issue 20,000,000 warrants to certain individuals entitling the holders to subscribe for new ordinary shares - with an exercise price of 0.5p which may be exercised up until 27^th April 2019.

The 20,000,000 new ordinary shares will rank pari passu with the existing ordinary shares of Milestone.

Application will be made for the 20,000,000 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 5 May 2017.

Following the issue, Milestone will have in issue 1,249,641,411 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.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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