RE: I like4 Jun 2020 10:11
Seen this little snippet in the UKOG RNS....
Full repayment of the convertible loan with Riverfort Global Opportunities PCC Limited and YA II PN Ltd ("Loan Note"), making the Company debt free. The repayment eliminates the uncertainty attached to Loan Note conversion timings and pricing, something the Company feels was perceived to exert a negative influence on the Company's share price.
Not the same I know as happen to have the word "mezzanine" in our complex funding agreement....but perhaps similar in terms of SH perceptions....B
B