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Loan Note Conversion and Issue of Equity

18 Jun 2014 16:09

RNS Number : 9670J
Red Leopard Holdings PLC
18 June 2014
 



 

Red Leopard Holdings Plc

 

("Red Leopard" or the "Company")

 

Loan Note Conversion and Issue of Equity

 

The Company announces that it has received a request from Northland Capital Partners Limited to convert all £100,000 of its convertible loan notes currently in issue into 20,000,000 new ordinary shares. Following the conversion, Red Leopard will have £20,000 of convertible loan notes outstanding.

 

Application will be made for the 20,000,000 new ordinary shares to be admitted to trading on AIM, with dealings expected to commence on 1 July 2014. The new ordinary shares will, when issued, rank pari passu in all respects with the existing issued shares of the Company. Following admission of the new ordinary shares the Company will have 259,820,728 Ordinary Shares of 0.1p in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

Enquiries:

 

Red Leopard Holdings PLC

John May, Chairman Tel: +44 (0) 207 917 6826

 

Northland Capital Partners Limited

Gavin Burnell / Lauren Kettle Tel: +44 (0) 207 382 1100

 

Beaufort Securities Limited

Saif Janjua Tel: +44 (0) 207 382 8300

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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