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Issue of Debt

14 Oct 2022 12:56

RNS Number : 9822C
Highway Capital PLC
14 October 2022
 

14 October 2022

 

Highway Capital Plc

(the "Company")

Loan to Company

 

Highway Capital Plc announces that it has issued a Convertible Loan Note for the amount of £100,000. The Loan has a term of five years, conversion price of 5p per new ordinary share and 5% interest per annum payable at maturity.

The Company also announces that it has repaid the principal amount of Convertible Loan Note issued on 17 July 2017 and issued new Convertible Loan Note for the accrued interest of £6,550. The Loan has a term of two years, conversion price of 5p per new ordinary share and 5% interest per annum payable at maturity.

 For further information, please visit www.highwaycapital.co.uk or contact the following: 

Highway Capital Plc info@highwaycapital.co.uk

 

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