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Extension of Conditional CLN Subscription Period

2nd Dec 2024 07:00

RNS Number : 2971O
SEEEN PLC
02 December 2024
 

2 December 2024

 

SEEEN plc

("SEEEN", "Group", or the "Company")

 

Extension of Conditional Convertible Loan Note Subscription Period

 

Further to the Company's announcement made on 31 May 2024 (the "Announcement"), SEEEN plc (AIM: SEEN), the global media and technology platform that delivers Key Video Moments and Video Commerce to transform its clients' video profitability, provides an update on the Conditional CLNs conditionally subscribed for by Gresham House Asset Management Limited ("Gresham House").

 

Pursuant to the Conditional CLNs, SEEEN and Gresham House have agreed an extension, thereby allowing the conditions attributable to the Conditional CLNs to be satisfied or (if capable of waiver) waived by 13 December 2024 (or such later date as Gresham House and the Company may agree).

 

A further announcement will be made as and when appropriate.

 

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Announcement.

 

For further information please contact:

 

SEEEN plc

Adrian Hargrave, CEO 

 

Tel: +44 (0)7775 701 838

Website: seeen.com

 

Allenby Capital Limited (Nominated Adviser)

Tel: +44 (0)20 3328 5656

Alex Brearley / George Payne (Corporate Finance)

 

Dowgate Capital Limited (Joint Broker)

Stephen Norcross

 

Tel: +44(0)20 3903 7721

Capital Plus Partners Limited (Joint Broker)

Jonathan Critchley

 

Tel: +44(0)20 3821 6167

focusIR (Investor Relations)

Paul Cornelius / Kat Perez

Tel: +44(0) 07866 384 707

[email protected]

 

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