RE: Late RNS5 Feb 2021 17:52
yup they have taken the full 125k loan this month by the look off it but at 7.5p a share who wouldnt.....
The Loan plus a fixed coupon of 8% is repayable in full, at the election of the Lenders, either in cash or in shares at 7.5 pence per share (41.5% premium to the closing bid price on 30 November), on 31 December 2021 (the "Repayment Date"). The only exception to this will be where the Lenders request part or all of the Loan and any coupon to be utilised as consideration in paying for the warrants.