Conversion of Convertible Loan Notes (3953T)
06 12월 2011 - 3:09AM
UK Regulatory
TIDMCOO
RNS Number : 3953T
Coolabi PLC
05 December 2011
Coolabi plc (the "Company")
Conversion of Convertible Loan Notes
The Company announces that Edge Performance VCT plc ("Edge")
served notice of its conversion in respect of its remaining
GBP56,212 of Convertible Loan Notes on 5 December 2011. Given the
conversion price of 6.75p per share, the Company is issuing 832,770
new ordinary shares of 1p each ("New Ordinary Shares") to Edge as a
result of the conversion.
Application will be made to the London Stock Exchange for
832,770 New Ordinary Shares to be admitted to trading on AIM. It is
expected that Admission will occur on 9 December 2011. The New
Ordinary Shares will rank pari passu in all respects with the
existing Ordinary Shares.
5 December 2011
For further information please contact:
Jeremy Ellis
Evolution Securities
Tel: 020 7071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
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