26th Apr 2016 09:43
LONDON (Alliance News) - EKF Diagnostics Holdings PLC on Tuesday said the GBP3 million convertible loan it has redeemed from Zwanzinger Family Ventures LLC is to be repaid and not converted into new shares.
EKF served notice to redeem the loan earlier this month. It is entitled to repay the entire loan giving Zwanziger at least 20 days' notice.
Shares in EKF were trading down 0.2% at 10.35 pence on Tuesday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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