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Castleton Technology Issues Shares On Loan Note Conversion (ALLISS)
LONDON (Alliance News) - Castleton Technology PLC, a software and managed services provider, on Wednesday said it has issued 2.0 million shares at 40.0 pence each after receiving a notice to turn convertible unsecured loan notes into equity.
The shares are being issued to Sean Moseby and Antony Anderson, the sellers of Keylogic Ltd, a social housing managed service provider acquired by Castleton in March.
Moseby and Anderson have agreed not to sell or dispose of their interests in the loan note shares at any time in the 12 months from their expected admission to trading on December 21.
Shares in Castleton Technology were down 1.9% at 76.00p on Wednesday.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
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Castleton Technology Shareholders Back GBP83 Million Takeover By MRI
Castleton Technology Shareholders Back GBP83 Million Takeover By MRI
Castleton Technology Accepts GBP82 Million MRI Software Offer
Castleton Technology Accepts GBP82 Million MRI Software Offer
Oxford Technology VCTs Report Mixed Third-Quarter Performances
Oxford Technology VCTs Report Mixed Third-Quarter Performances
CTP.L News
Castleton Technology Shareholders Back GBP83 Million Takeover By MRI
Castleton Technology Shareholders Back GBP83 Million Takeover By MRI
Castleton Technology Accepts GBP82 Million MRI Software Offer
Castleton Technology Accepts GBP82 Million MRI Software Offer
Oxford Technology VCTs Report Mixed Third-Quarter Performances
Oxford Technology VCTs Report Mixed Third-Quarter Performances
Castleton Expects Second Half Improvement After Tricky Interim
Castleton Expects Second Half Improvement After Tricky Interim
UK WINNERS & LOSERS SUMMARY: AB Foods Rises As Primark Adds US Stores
UK WINNERS & LOSERS SUMMARY: AB Foods Rises As Primark Adds US Stores
UK WINNERS & LOSERS SUMMARY: Mondi Drags Paper Peers As Demand Weakens
UK WINNERS & LOSERS SUMMARY: Mondi Drags Paper Peers As Demand Weakens
Castleton Warns On First Half Outcome Amid Lower Revenue Generation
Castleton Warns On First Half Outcome Amid Lower Revenue Generation
Castleton warns on profits following weaker-than-expected first half
(Sharecast News) - Software firm Castleton issued a profit warning on Thursday following weaker-than-expected interim revenues in its product and prof...
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