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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aquabella Grp | LSE:AQA | London | Ordinary Share | GB00B1BXDW79 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1813Q Aquabella Group PLC 14 March 2008 Aquabella Group plc (the 'Company') Financing update 14 March 2008 Further to the Trading and Financing statement made on 13 February 2008 where the company reported that working capital in the business is under pressure and that the Board is actively exploring options to address its short term financing requirements and the subsequent request on 19 February 2008 for suspension in trading of the shares in the Company, the Company is pleased to announce that it has agreed terms for the subscription of £225,000 of convertible loan notes ("Loan Notes") from existing investors. The Loan Notes carry an interest rate of 8% and will be convertible into Ordinary Shares at the lower of 12p per share or the lowest price at which any Ordinary Shares are issued by the Company during the term and will be convertible at any time at the discretion of the holder of the Loan Notes. This financing addresses the immediate working capital requirements of the Company whilst it continues to actively explore options to address its short and medium term financing requirements. The Company has requested that its shares remain temporarily suspended pending a further announcement. Enquiries Aquabella Pieter Totte 020 7234 0570 Shore Capital Guy Peters 020 7408 4090 This information is provided by RNS The company news service from the London Stock Exchange END MSCQZLFFVXBLBBE
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