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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Litebulb Grp | LSE:LBB | London | Ordinary Share | GB00BXVMLV36 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.125 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMLBB
RNS Number : 4157Z
Litebulb Group Limited
10 December 2014
LiteBulb Group Limited
("LiteBulb" or "the Company")
Result of Extraordinary General Meeting,
Acquisition and Issue of Convertible Loan Notes
LiteBulb (AIM: LBB), the branded product developer, announces that all resolutions contained in the Notice of Extraordinary General Meeting (the "Notice of Meeting") published on 13 November 2014, were passed at its Extraordinary General Meeting held earlier today.
As a result of the resolutions being passed, the acquisition of Concept Merchandise Limited ("Concept") is expected to complete at approximately 6.00 p.m. this evening when GBP3,500,000 secured, convertible loan notes ("Loan Notes") will be issued and listed on the Channel Islands Securities Exchange Authority Limited ("Listing").
The Group will issue 25,826,466 ordinary shares of no par value in connection with the Acquisition ("Consideration Shares") and application has been made for the Consideration Shares to be admitted to trading on AIM on 12 December 2014.
A further announcement confirming completion of the Acquisition, the issue of the Loan Notes and the Listing will be made during the course of tomorrow.
For further information, please contact:
LiteBulb Group Limited www.litebulbgroup.com Simon McGivern, Chief Executive Tel: 020 3384 7131 Guy Pettigrew, Group Finance Director finnCap (NOMAD & Joint Broker) Tel: 020 7220 0500 Stuart Andrews/Scott Mathieson (Corporate Finance) Joanna Weaving (Corporate Broking) Walbrook PR Limited Tel: 020 7933 8780 or litebulb@walbrookpr.com Bob Huxford Mob: 07747 635 908 Paul McManus Mob: 07980 541 893
About LiteBulb Group (www.litebulbgroup.com)
LiteBulb Group designs, manufactures and distributes innovative brands and products to the global retail market.
LiteBulb Products- our wide range of products are sold in over 30 countries through blue chip retailers including: ASDA, BHS, Tesco, Sainsbury's, WH Smith, Halfords, Marks & Spencer, Morrisons, QVC, Next, Fenwick and Toys R Us.
LiteBulb Creativeis a creative agency with global reach, delivering compelling and agile brand extension programmes to the entertainment industry. LiteBulb Creative has designed products and campaigns for clients around the world, including Disney, Hasbro and Miramax.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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