RE: RNS Out - Loan Cleared 0.1p7 Mar 2024 11:01
All sold and cleared
Extract ‘..The Lenders were transferred 225,000,000 Capitalisation Shares at £0.001 per share representing £225,000 by Paul Gazzard in accordance with the Settlement Deed.
Paul Gazzard sold the balance of 675,000,000 Capitalisation Shares to new investors for £150,000 at a price of £0.00022 per Capitalisation Share. The £150,000 cash will be used to satisfy the cash element due to the Lenders under the Settlement Deed.
There are now no outstanding debts due under the Facility Agreement.’