9th Jun 2016 14:34
LONDON (Alliance News) - Boxhill Technologies PLC on Thursday said it has issued 400 million new shares in conversion of GBP1.6 million of 0% unsecured, undated, convertible loan stock issued in consideration for the acquisition of Emex (UK) Group Ltd and the associated FreePayMaster Ltd.
In a statement, Boxhill said it is unaware of any new holder of 3% or greater of its shares following the move.
Shares in Boxhill were down 2.9% at 0.141 pence Thursday.
By Samuel Agini; [email protected]; @samuelagini
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