Update on Convertible Loan Note

Verditek PLC("Verditek" or the "Company")

Update on Convertible Loan Note  

Verditek plc, (AIM: VDTK), the clean technology company, announces that further to its announcements of 21 August and 19 September 2018 in relation to the issue of the Convertible Loan Note, it has received funds and holds bank transfer instructions for a total of £500,000. It expects to receive further funds in the next few days in settlement of the issue of the Convertible Loan Note for which it has received subscription commitments for a total in excess of £2.5 million. A further announcement will be made once settlement has completed.

Enquiries:

Verditek plc

Geoffrey Nesbitt, CEO +44 (0) 20 7129 1110

[email protected]

Stockdale Securities Limited (NOMAD and Broker)

Antonio Bossi / David Coaten +44 (0) 20 7601 6100

www.stockdalesecurities.com 

Strand Hanson Limited (Financial Adviser)

James Harris / Ritchie Balmer / Jack Botros +44 (0) 20 7409 3494

www.strandhanson.co.uk 

Whiteoaks International

Mary Fitzgerald +44 (0) 7795 284440

Bekki Bushnell +44 (0) 7841 698586

[email protected] 

About Verditek

Verditek plc (AIM: VDTK), the clean technology company is headquartered in London. Verditek is dedicated to commercialising proven technology that can deliver significant competitive advantage compared to conventional industrial solutions. From light-weight solar modules, cutting edge de-odourisation, and ground-breaking CO2 capture, Verditek is realising tomorrow's technologies today.

For further information, please visit www.verditek.com