Defenx plc Offer by BV Tech to bondholders (8898W)

TIDMDFX

RNS Number : 8898W

Defenx plc

13 December 2019

13 December 2019

Defenx PLC

("Defenx", the "Company" or the "Group")

Agreement by BV Tech to purchase Defenx bonds and offer by BV Tech to bondholders

Defenx PLC (AIM: DFX), the cyber-security software group, notes, and draws holders of the Defenx GBP1.25 million 10% secured and convertible bonds due 2020 (the "Bonds") attention to, the announcement released earlier today by BV Tech S.p.A ("BV Tech"), the Company's majority shareholder with an interest of approximately 73.6% in the Company's issued share capital as at 12 December 2019. The announcement stated that BV Tech has reached an agreement with the largest bondholder to purchase its Bonds, which have a principal value of GBP804,000, and has launched an offer to purchase the remaining Bonds.

Enquiries

 
Defenx PLC 
 Anthony Reeves - Interim Executive Chairman             020 3198 9414 
 
Strand Hanson Limited (Nominated and Financial Adviser 
 to the Company) 
 Richard Tulloch / Stuart Faulkner / James Bellman       020 7409 3494 
 
WH Ireland (Broker to the Company) 
 Adrian Hadden / James Sinclair-Ford 
 Melvyn Brown (Sales & Trading)                          020 7220 1666 
 
IFC Advisory (Financial PR and IR) 
 Tim Metcalfe / Graham Herring / Florence Chandler       020 3934 6630 
 

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(END) Dow Jones Newswires

December 13, 2019 11:32 ET (16:32 GMT)