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IN BRIEF: GRIT Investment converts loan notes into 3.0 million shares

6th Apr 2023 13:16

GRIT Investment Trust PLC - invests in small and mid-capitalisation natural resources and mining companies - Converts GBP75,036 convertible loan notes, issued in July 2021 at a price of 2.5 pence, into 3.0 million shares. Expects the admission of shares to be effective on or around April 13. Following admission, the company will have 18.2 million shares in issue.

Current stock price: 1.50p

12-month change: down 87%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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