Share Name Share Symbol Market Type Share ISIN Share Description
Imperial X Plc NEX:IMPP NEX Ordinary Share GB00B44LQR57
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.50 6.00 7.00 6.50 6.50 6.50 0.00 07:34:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Imperial X Plc Loan Note Conversion and Issue of Equity

09/08/2019 7:00am

UK Regulatory (RNS & others)


 
TIDMIMPP 
 
9 August 2019 
 
                                Imperial X Plc 
 
                         ("Imperial" or the "Company") 
 
                   Loan Note Conversion and Issue of Equity 
 
Imperial announces, further to the announcement of 1 October 2018, that GBP46,150 
of subscribed for Loan Notes has been converted into 4,615,000 ordinary shares 
of 0.1p ("Ordinary Shares") at GBP0.01 per share. The proceeds of the conversion 
will be used for general working capital purposes. Charles Morgan, family of 
Melissa Sturgess (Non-Executive Director of the Company) is now interested in 
4,615,000 Ordinary Shares, representing 12.51 per cent. as enlarged by the 
transactions in this announcement. 
 
Further 431,250 Ordinary Shares have been issued to advisers in lieu of cash 
covering the period 1 July 2018 to 31 August 2019. 
 
Application will be made for the 5,046,250 Ordinary Shares to be admitted to 
trading on the NEX Exchange Growth Market and it is expected that admission 
will occur on or around 13 August 2019. 
 
Following admission, the Company's enlarged issued share capital will comprise 
36,877,500 Ordinary Shares. The Company does not hold any shares in treasury. 
 
The above figure of 36,877,500 Ordinary Shares may be used by shareholders in 
the Company as the denominator for the calculations by which they will 
determine if they are required to notify their interest in, or a change to 
their interest in, the share capital of the Company under the Financial Conduct 
Authority's Disclosure and Transparency Rules. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
For further information please contact: 
 
Imperial X Plc 
Michael Langoulant 
+44 (0)7899 249990 
 
Peterhouse Capital Limited 
Guy Miller and Mark Anwyl 
+44 (0)20 7220 9796 
 
 
 
END 
 

(END) Dow Jones Newswires

August 09, 2019 02:00 ET (06:00 GMT)

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