3rd Jun 2015 14:57
LONDON (Alliance News) - PeerTV PLC Wednesday said it has issued over 15.2 million shares at a price of 0.175 pence to YA Global SPV Ltd under the convertible loan facility.
The transaction represents a conversion of principle of GBP26,156 and to pay interest accrued under the convertible loan note facility announced in February.
PeerTV shares were down 2.7% to 0.238 pence per share on Wednesday afternoon.
By Joshua Warner; [email protected]; @JoshAlliance
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