TAD Tadpole Tech.

RNS Number:8243Q
Tadpole Technology PLC
26 March 2008


Tadpole Technology Plc ("Tadpole" or "Company") is pleased to announce the issue
of ๏ฟฝ230,000 nominal value convertible loan notes ("Loan Notes") to provide
additional short term working capital for the Company whilst it finalises the
larger fundraising.

The Loan Notes, which are non-transferable are repayable on the 25th September
and attract interest at a rate of 2 per cent above Barclays Bank plc base rate
for the period from 25th June 2008 to 25th September 2008 and thereafter 4 per
cent above Barclays Bank plc base rate if not repaid or converted.

The Loan Notes may be converted at the holder's discretion at any time, subject
to certain conditions, into new ordinary shares of 1 penny each in the Company
("Ordinary Shares") at nominal value.

If the Loan Notes are converted in full it will result in the issue of
23,000,000 new Ordinary Shares, equivalent to 5.4 per cent. of the current
issued ordinary share capital of the Company.

Trading is largely in line with expectations with Software as a Service ("SaaS")
activities in Europe developing strongly. Prudent cost control measures have
allowed the company to continue to operate its major business activities whilst
the company concludes its funding initiatives.

Tadpole will announce details of the larger fundraising as soon as possible.




                      This information is provided by RNS
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Tadpole (LSE:TAD)
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๋ถ€ํ„ฐ 4์›”(4) 2024 ์œผ๋กœ 5์›”(5) 2024

Tadpole (LSE:TAD)
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๋ถ€ํ„ฐ 5์›”(5) 2023 ์œผ๋กœ 5์›”(5) 2024