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Starcom Issues Shares To YA Global Master Under Loan Deal (ALLISS)

16th Nov 2015 17:20

LONDON (Alliance News) - Starcom PLC on Monday said it has issued YA Global Master SPV Ltd with 1.6 million shares at 2.1046 pence each, in conversion of USD50,000 loan principal and accrued interest.

The conversion price is calculated under the terms of the loan facility.

Shares in Starcom closed down 2.6% at 2.80 pence on Monday.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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