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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Quadnetics Grp | LSE:QDG | London | Ordinary Share | GB0007156838 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 290.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:5049A
Quadrant Group PLC
9 November 1999
Quadrant Group PLC ("the Company")
Issue of Warrants
Following approval at the Company's Extraordinary General
Meeting on 27 September 1999 Mr D J Coghlan, a director of the
Company, notified the Company on 8 November 1999, that Scawton
Limited, a company with whom he is associated, has been issued
with 550,000 warrants to subscribe for Ordinary shares of 20p
each, at #1.00 per share.
The warrants were issued as consideration for early redemption
of #550,000 Convertible Loan Stock held by Scawton Limited.
The Loan Stock, which bore a fixed interest rate of 12% per
annum and was redeemable on 29 May 2000, gave the holder the
right to convert any or all of the loan into Ordinary shares
at a conversion price of #1 per share at any time prior to
redemption.
END
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