Love to see f&r advice26 Aug 2014 17:36
The extension of the maturity date and modification of the conversion price of the Loan Stock constitute a related party transaction for the purposes of AIM Rule 13. In accordance with the AIM Rules for Companies, Daniel Metzger, having consulted with the Company's Nominated Adviser, finnCap Limited, has acted as independent director with respect to this transaction and considers that the amendments to the terms of the Loan Stock are fair and reasonable insofar as the Company's shareholders are concerned.