19th Apr 2018 17:39
19 April 2018
EQTEC plc
("EQTEC" or the "Company")
Loan Note Conversion Notice
EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, has received a conversion notice pursuant to the Unsecured Loan Note Facility announced on 28 February 2018 for the principal amount of £150,000 to be converted at 0.4p per share into 37,500,000 new ordinary shares in the Company.
Upon issue, the new ordinary shares would comprise 2.71% of the enlarged issued share capital of the Company.
Application will be made for the admission to AIM of the new ordinary shares in accordance with the terms of the Loan Note agreement.
Enquiries
EQTEC plc | +353 (0)21 2409 056 |
Luis Sanchez - Chief Executive Officer Gerry Madden - Finance Director | |
Luther Pendragon - Financial PR | +44 (0)20 7618 9100 |
Harry Chathli / Alexis Gore / Ana Ribeiro |
This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.
Related Shares:
Eqtec