14th Oct 2025 12:15
Imaging Biometrics Limited ("IBAI" or the "Company")
Purchase of Kirkstall Limited and CLN with Truetide plc - Correction
The following amendment has been made to the Purchase of Kirkstall Limited and CLN with Trueside plc announcement released on 14.10.25 at 7am.
The conversion price of the convertible loan notes is £0.0075 per Ordinary Share. All other details remain unchanged.
The full amended text is shown below:
The CLN bears interest at 6% per annum, which will accrue and be added to the loan balance. It is unsecured and subordinated, and may be converted into Ordinary Shares of IBAI at the discretion of Truetide, in whole or in part, at the lower of £0.0075 (subject to a General Meeting to change the Company's par value) or the subscription price of any fundraising completed by IBAI prior to conversion. The final redemption date is 31 December 2027.
The Directors of the Company accept responsibility for the contents of this announcement.
- ENDS -
For further information: Imaging Biometrics Limited Tel: 01738 587555
Trevor Brown / Dr Al Musella / Brett Skelly / Michael Schmainda
Peterhouse Capital Limited Tel: 020 7469 0936
Related Shares:
Imaging Bio