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Will issue 77 unsecured convertible Loan Notes of £100,000 each on 21 July 2023. The term of each Loan Note is three years up to 20 July 2026 and interest accrues at a rate of 12% per annum. The Loan Notes can be converted by mutual agreement into ordinary shares in the Company at the conversion price of 9.45pence ("p") being a 35% premium to the 7p reference price based on the 30-day Volume Weighted Average Price at the date of execution of the Loan Notes