2nd Jun 2020 18:26
(Alliance News) - Security systems provider Westminster Group PLC on Tuesday said holders of its loan notes holders have opted to convert the notes into shares.
The convertible loan notes, with a value of GBP93,750, will be converted into 937,500 shares. The company now has 160.4 million shares in issue.
Shares in Westminster Group closed 7.7% higher at 10.50 pence each in London on Tuesday, giving it a market capitalisation of about GBP16.7 million.
By Eric Cunha; [email protected]
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