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Loan Note Conversion Notice

19 Apr 2018 17:39

RNS Number : 5325L
EQTEC PLC
19 April 2018
 

19 April 2018

 

EQTEC plc

 

("EQTEC" or the "Company")

 

Loan Note Conversion Notice

 

EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, has received a conversion notice pursuant to the Unsecured Loan Note Facility announced on 28 February 2018 for the principal amount of £150,000 to be converted at 0.4p per share into 37,500,000 new ordinary shares in the Company.

 

Upon issue, the new ordinary shares would comprise 2.71% of the enlarged issued share capital of the Company.

 

Application will be made for the admission to AIM of the new ordinary shares in accordance with the terms of the Loan Note agreement.

 

 

Enquiries

 

EQTEC plc

+353 (0)21 2409 056

Luis Sanchez - Chief Executive Officer

Gerry Madden - Finance Director

Luther Pendragon - Financial PR

+44 (0)20 7618 9100

Harry Chathli / Alexis Gore / Ana Ribeiro

 

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

 

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