Under the Deed, as a result of this notice of exercise 81,250,000 ordinary shares (the 'Conversion Shares') fall to be issued at a conversion price of 0.04p in accordance with the terms of the Deed.
Application will be made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on or around
Following admission of the Conversion Shares, the Company's enlarged issued share capital will comprise 4,142,101,946 ordinary shares with voting rights.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Contact:
George Frangeskides
Tel: +44 20 3907 4297
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