Battalion are also more than equal, contributing to this investment. This is also very good news as they also strongly beleive in the transformation of HM business. '· Battalion's major shareholders are contributing to the convertible note alongside Leed'
rns extract: The Leed Board therefore believes that the opportunity to make an investment, through a convertible note structure in HM, provides Leed with a high yielding secured investment with exposure to an existing business that has a strong market position and is expected to deliver considerable growth in value over the coming 12 months as it continues to implement transformational changes to its operations.
Negotiated very well here, unlike the Manas fiasco where we had no say in anything, rns: "Leed will also be entitled to appoint a Leed representative to the board of Battalion as part of the investment."
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