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PeerTV Issues 24.2 Million Shares For YA Global Conversion (ALLISS)

16th Mar 2015 11:23

LONDON (Alliance News) - PeerTV PLC said Monday it has issued 24.2 million shares to YA Global SPV Ltd at a price of 0.5886 pence per share for the second conversion of principle of USD213,000 and payment of accrued interest under a convertible loan note facility it signed with YA.

PeerTV signed a deal with YA for a convertible loan facility of up to USD2 million in February.

Shares in the Israel-based over-the-internet television technology provider were trading up 1.7% at 0.864 pence Monday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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