RE RNS out.today4 Apr 2019 18:59
4 April 2019
BLOCK COMMODITIES LIMITED
("Block Commodities" or the "Company")
Posting of Report and Accounts, Notice of Annual General Meeting and
Directors' Dealings
Block Commodities is pleased to announce that its Annual Report and Accounts
for the year ended 30 June 2018, together with a notice of the Annual
General Meeting, has been posted to shareholders today and will shortly be
available to view on the Company's website at www.blockcommodities.com [1].
The Company also announces that its Executive Chairman, Dr Chris Cleverly,
has elected to enter into a convertible loan agreement with the Company in a
principal amount of GBP70,000, in lieu of salary arrears (with a conversion
price identical to the convertible loans announced on 27 March 2019,
together the "Convertible Loans"). As announced previously, the Convertible
Loans are interest-free and will be converted into new ordinary shares of
no-par value in the capital of the Company at a conversion price of GBP0.0007
per share, once the necessary shareholder authorities have been obtained at
the forthcoming Annual General Meeting
The Directors of the Company accept responsibility for the content of this
announcement.
**ENDS**
0.07p.OK?looking.forward