Boxhill Technologies plc completed the acquisition of Emex (UK) Group and FreePayMaster.
Boxhill Technologies plc (AIM:BOX) completed the acquisition of Emex (UK) Group and FreePayMaster on January 31, 2016. As Boxhill Technologies cannot issue new ordinary shares while its ordinary shares remain suspended from trading on AIM, the consideration will be satisfied by issuance of 0% unsecured, undated, convertible loan stock, which will compulsorily convert into 400 million ordinary shares within 14 days of Boxhill's shares returning to trading on AIM.