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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cindrigo Holdings Limited | LSE:CHAL | London | Ordinary Share | Ordinary Shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.13 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCHAL
RNS Number : 7567G
Challenger Acquisitions Limited
06 March 2018
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
For Immediate Release
6 March 2018
Challenger Acquisitions Limited
("Challenger" or the "Company")
Redemption and conversion of Notes
Challenger Acquisitions Limited (LSE: CHAL) announces that it has allotted 38,826,686 new Ordinary Shares of GBP0.01 each ("Shares") comprising 31,159,458 Shares in relation to the conversion of certain convertible notes and a further 7,667,228 Shares in relation to interest on convertible notes as follows:
-- A total of 9,901,353 Shares have been allotted to holders of the Secured Convertible Note due 2 March 2018, comprising 4,166,667 Shares on the conversion of the entire balance of GBP500,000 of notes and 5,734,686 Shares for accumulated interest;
-- A total of 9,394,510 Shares have been allotted to holders of the Unsecured Convertible Note due 6 May 2018, comprising 8,242,791 Shares on the conversion of GBP35,444 of notes and 1,151,719 Shares for accumulated interest;
-- A total of 19,530,823 Shares have been allotted to holders of the Unsecured Convertible Note due 8 June 2019, comprising 18,750,000 Shares on the conversion of GBP75,000 of notes and 780,823 Shares for accumulated interest.
Application has been made to the Financial Conduct Authority ("FCA") for 38,826,686 Shares to be admitted to listing on the standard listing segment of the Official List and to the London Stock Exchange for such shares to be admitted to trading on the Main Market for listed securities ('Admission'). It is expected that Admission will become effective, and dealings in the new ordinary shares will commence, at 8.00 a.m. on 12 March 2018.
Following this allotment, the total number of ordinary shares with a nominal value of GBP0.01 each (the "Ordinary Shares") in issue and the total number of voting rights in the Company is 221,407,872. There are no shares held in treasury. The figure of 221,407,872 Ordinary Shares and voting rights may be used by shareholders in the Company as the denominator for the calculations by which they can 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 FCA's Disclosure and Transparency Rules.
This announcement contains inside information.
**ENDS**
For more information visit www.challengeracquisitions.com or enquire to:
Challenger Acquisitions Limited Mark Gustafson +1 604 454 8677 St Brides Partners Ltd (PR) Lottie Brocklehurst, Charlotte +44 (0) 20 7236 Page 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFKPDQOBKDANK
(END) Dow Jones Newswires
March 06, 2018 02:00 ET (07:00 GMT)
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