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IN BRIEF: Napster Group converts GBP1.3 million loan in shares

8th Apr 2021 17:57

Napster Group PLC - music company - Receives a notice of exercise from Nice & Green SA in respect of the issue of convertible loan notes. As a result, GBP1.3 million loan notes have been converted in to 63.3 million shares at a conversion price of 2.006 pence. This conversion notice follows from the company issuing GBP15 million loan notes to date.

Current stock price: 2.50 pence, up 2.0% on Thursday

Year-to-date change: down 36%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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