Beskrivning
| Land | Storbritannien |
|---|---|
| Sektor | Material |
| Industri | Forskning & Utveckling |
3 May 2019
CLEANTECH BUILDING MATERIALS PLC, NASDAQ FIRST NORTH, COPENHAGEN
TICKER: CBM
ISIN: GBOOBVIVRR47
CLEANTECH BUILDING MATERIALS PLC
LOAN FACILITY, DEBT CONVERSION AND ISSUE OF NEW SHARES
Cleantech Building Materials PLC (“CBM” or the “Company”) announces that the Company has reached an agreement with its loan provider, as disclosed in the CBM Company Description published on 20 December 2016, to convert €10,098,576 of outstanding debt into 24,236,583 new ordinary shares of £0.10 each in the Company, and in accordance with the provisions of the loan agreement, for the shares to be issued to a number of parties. No such party will hold 5% or more of the Company’s issued share capital.
The Company will apply for the 24,236,583 new ordinary shares to be admitted to trading on the Exchange. Following this conversion, the issued share capital of the Company will be 60,735,290 ordinary shares of £0.10 each.
THE DIRECTORS OF CLEANTECH BUILDING MATERIALS PLC ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT
Further information may be found at the Company's website at www.cbm-plc.com
Further Enquiries:
| Cleantech Building Materials plc Adrian Wyn-Griffiths | info@cbm-plc.com +44 20 3934 6630 |
| Keswick Global AG (Certified Adviser) | info@keswickglobal.com +43 1 740 408045 |
| IFC Advisory Limited (Financial PR) Tim Metcalfe Miles Nolan | +44 20 3934 6630 |
The information communicated in this announcement is “inside information” for the purposes of article 7 of the Market Abuse Regulation 596/2014.