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SFX Screen Fx

7.10
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Screen Fx LSE:SFX London Ordinary Share GB00B23Z3283 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Convertible loan confirmed

30/10/2007 4:00pm

UK Regulatory


RNS Number:6402G
Screen FX PLC
30 October 2007


Press Release                                                    30 October 2007

                                  ScreenFX plc

                          ("ScreenFX" or "the Group")

                           Convertible loan confirmed


Following the announcement of 17 October 2007, ScreenFX plc (AIM:SFX), the
digital advertising and communications specialist, announces that the
convertible loan facility ("loan") agreed with Trafalgar Capital Specialised
Investment Fund ("Trafalgar Capital") has been increased in size from #330,000
to #525,000.  Of this #525,000, #300,000 is being committed immediately and a
further #225,000 is to be committed on or before 30 November 2007.

In accordance with the terms of the loan, warrants of the value of #30,000
exercisable at a warrant exercisable price of 0.025 pence, will be provided to
Trafalgar Capital.

                                    - Ends -


For further information:
ScreenFX plc
Mike Cottman, Executive Chairman                       Tel: +44 (0) 161 428 5544
mikec@screenfx.com                                              www.screenfx.com


Seymour Pierce Limited
Stuart Lane / John Depasquale, Corporate Finance       Tel: +44 (0) 20 7107 8000
stuartlane@seymourpierce.com                               www.seymourpierce.com



Media enquiries:
Abchurch
Henry Harrison-Topham / Gareth Mead                    Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com                               www.abchurch-group.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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