Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Loan Note Conversion

9th May 2007 16:59

Theo Fennell PLC09 May 2007 THEO FENNELL PLC ("Theo Fennell" or "the Company") Loan Note Conversion Following on from the announcement of 31 July 2003, the Directors of TheoFennell have today received notice of conversion from one of the holders inrespect of a £1 million convertible loan note which was issued on 03 September2003 (the "Loan Note") of which £100,000 has been converted. The conversionprice of the Loan Note is at 30 pence per share which will convert into 333,333new Ordinary Shares, giving an enlarged issued share capital of the Company of(18,942,497) ordinary shares of 5p each. Application has been made for the admission of the 333,333 new Ordinary Sharesto trading on the AIM market. The new Ordinary Shares will rank pari passu withthe existing ordinary shares of 5p each in the Company and dealings in the333,333 new Ordinary Shares are expected to commence on (15 May 2007). Enquiries: Pelham PR Tel: 020 7743 6678James Henderson / Kate Catchpole Seymour Pierce Tel: 020 7107 8000Mark Percy This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

TFL.L
FTSE 100 Latest
Value10,379.08
Change-77.93