RE: 30p? Not today please!16 Apr 2025 11:39
The Concert Party may make their move as soon as the AGM or before possibly? ...the Amended RNS from 27th March 2025 mentions converting the loan earlier than Dec 4th 2025 if certain circumstances...what does that mean? ๐ค
"...In connection with the amended Convertible Loan:ยท the date on which the Convertible Loan will be convertible into newly issued Ordinary Shares at the Placing Price, subject to adjustment upon the occurrence of certain events, will be deferred to on or after 4 December 2025 (conditional on shareholder approval to do so being obtained at the Company's 2025 AGM); a portion of the Convertible Loan may be convertible into Ordinary Shares earlier than this date in circumstances where it would not require the Company to publish a prospectus pursuant to the Prospectus Rules; and Matthew Moulding is no longer expected to pay up any partly paid shares.
JAO Adyor