RE: 150,000,000 trade after hours6 May 2020 09:59
RNS dates 21st April clearly states first tranch .. that’s all am saying being a rookie.. dyor and GLA.
Iconic Labs Plc (LSE:ICON) (the "Company"), a multi-divisional new media and technology business, announces that, following the issuance of the Prospectus on 26th March 2020, and pursuant to the Financing and Settlement Agreement entered into by the Company and European High Growth Opportunities Securitization Fund (the "Investor") (see RNS dated 7th February 2020), pursuant to which the Company issued bonds ("Convertible Bonds") convertible into ordinary shares of £0.00001 each in the Company ("Ordinary Shares") to the investor, the Company has received a notice of exercise from the Investor in respect of the exercise by the Investor of its conversion rights under the Convertible Bonds issued in respect of the first tranche drawn down under the Financing and Settlement Agreement for the aggregate principal amount of £50,000 resulting in the issue to the Investor of 555,555,555 new Ordinary Shares ("Conversion Shares").