4 Feb 2020 15:48
Highway Capital Plc announces that it has received notice from Nicolay Mayster, a non-executive director of the Company, of the conversion of £95,000 of outstanding debt into ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of 5 pence per share.
The Company has issued and allotted 1,900,000 new Ordinary Shares in satisfaction of the conversion and application has been made for these shares to be admitted to the Official List on the main market for listed securities of the London Stock Exchange with effect from 5 February 2020 ("Admission").
Following Admission, the total number of shares in issue in the Company will be 11,490,201. As the Company currently holds no shares in treasury the total number of voting rights will similarly be 11,490,201.
Highway Capital (HWC)