Source - RNS
RNS Number : 4974K
EVR Holdings PLC
22 September 2016

For immediate release

22 September 2016


EVR Holdings plc

('EVR' or the 'Company')


Issue of Shares


EVR Holdings plc (AIM: EVRH), one of the leading creators of virtual reality content, announces that it has allotted and issued 2,083,333 ordinary shares of 1 penny each in the capital of the Company at a price of 1.4 pence per share following the exercise of warrants.


The Company has made application for the 2,083,333 new ordinary shares of 1 penny each to be admitted to trading on AIM.  Admission is expected to occur on or about 27 September 2016. The 2,083,333 new ordinary shares rank pari passu with the existing ordinary shares.


For the purpose of the Disclosure and Transparency Rules, the Company's total issued ordinary share capital at the date of this announcement consists of 718,362,177 ordinary shares of 1 penny each. This 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.


- Ends -


For further information:

EVR Holdings plc


Sean Nicolson, Chairman

                                      Tel: +44 (0) 20 7466 5000

Anthony Matchett, Chief Executive Officer




SPARK Advisory Partners Limited (Nominated Adviser)


Neil Baldwin / Sean Wyndham-Quin

Tel: +44 (0) 203 368 3550



Peterhouse Corporate Finance Limited (Broker)

Tel: +44 (0) 20 7469 0930

Eran Zucker / Lucy Williams


Media enquiries:



Henry Harrison-Topham / Jamie Hooper

Stephanie Watson / Catriona Flint

                       Tel: +44 (0) 20 7466 5000

[email protected]



Notes to Editors:



MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual reality content, joined AIM on 16 May 2016 following a reverse takeover of Armstrong Ventures plc.  Further information can be viewed at


Virtual Reality in 2016

The virtual reality industry is growing at a significant rate and 2016 is on course to be the breakout year with launches of Oculus Rift, Playstation VR and HTC Vive.  According to Deloitte the industry is expected to break the US$1bn barrier for the first time this year and Goldman Sachs estimate that the market could be worth US$80bn by 2025.


This information is provided by RNS
The company news service from the London Stock Exchange