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IN BRIEF: Malvern International issues shares after loan conversion

Mon, 01st Aug 2022 17:44

Malvern International PLC - Milton Keynes, England-based English language learning and skills development company - Issues 50.0 million shares at a price of 0.1 pence each, following the conversion of GBP50,000 of loan notes.

Following the conversion, GBP172,817 in loan notes remain outstanding and are redeemable or convertible on December 31.

Malvern now has 2.19 billion shares issued overall.

Current stock price: 0.090 pence

12-month change: down 63%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Malvern Intl

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