IamFire Plc Extension of Discounted Capital Bond and Name Change

 
TIDMFIRE 
 
The information contained within this announcement is deemed to constitute 
inside information as stipulated under the Market Abuse Regulations (EU No. 
596/2014) which is part of UK law by virtue of the European Union (Withdrawal) 
Act 2018. Upon the publication of this announcement, this inside information is 
now considered to be in the public domain. 
 
IamFire plc 
 
AQSE: FIRE 
 
("FIRE" or the "Company") 
 
Extension of Discounted Capital Bond 
 
Name Change 
 
Discounted Capital Bond 
 
IamFire plc is pleased to announce that it extended the Discounted Capital Bond 
("DCB") with Hawk Investment Holdings Limited ("the Bondholder") for a further 
12 months to 24 November 2024. 
 
As announced on 27 August 2020, Fire entered into the DCB with the Bondholder 
pursuant to the terms and conditions of the DCB agreement. 
 
The DCB agreement was originally for a period of 36 months which expired and had 
subsequently been extended for a further period ending 24 November 2023. The 
parties have now agreed to extend the terms of the DCB agreement for a further 
12 months ending on 24 November 2024. 
 
Name Change 
 
The Directors have proposed that at the forthcoming Annual General Meeting on 11 
December 2023 to put a resolution to shareholders to change the name of the 
Company to WeCap plc. 
 
The Directors believe that the name change will better reflect the essence and 
strategy of the Company which is, in effect, raising capital and providing 
support for its investee companies.  In addition to the name change the Company 
proposes to roll out a new website and social media platforms all with the aim 
of providing better awareness for our investee companies, in particular the 
predominant weighting given to WeShop in our portfolio. 
 
The Directors of the Company accept responsibility for the contents of this 
announcement. 
 
REGULATORY ANNOUNCEMENT ENDS 
 
Enquiries: 
 
Company: 
[e-mail] 
 
Corporate Advisor: 
 
Peterhouse Capital Limited 
 
Guy Miller/Narisha Ragoonanthun: + 44 (0) 20 7469 0930 
 
Corporate Broker 
 
Tennyson Securities Limited 
 
Peter Krens: [phone] (Direct) 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

November 28, 2023 02:00 ET (07:00 GMT)