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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gmo | LSE:GMO | London | Ordinary Share | GB00B19Z0S04 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.625 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 6344C
GMO Limited
03 September 2008
Press Release 3 September 2008
GMO Limited
("GMO" or the "Company")
Notice of Loan Note Conversion
GMO Limited (AIM: GMO) announces that, following the recent shareholders' approval to the amendment of the terms of the Murabahah Loan
Notes ("Loan Notes"), it has received notices in respect of US$19,713,519 Loan Notes. The Loan Notes have today been redeemed by the issue
of 153,614,481 Ordinary Shares ("Share(s)") at 7 pence per Share.
Following the conversion of the Loan Notes, the holders of the Loan Notes will be issued the following number of Shares:
Loan Notes Holder Shares Upon Conversion Resultant Holding Percentage
Green Packet Berhad 41,107,378 53,107,378 27.42%
mTouche Technology Berhad 61,436,873 73,436,873 37.91%
OSK Ventures International 30,730,963 36,730,963 18.96%
Berhad
Wago Group Limited 20,339,267 20,339,267 10.50%
The Company has today made application for 153,614,481 new Shares to be admitted to AIM, with admission anticipated on Tuesday 9
September 2008.
Following this issue, the Company now has 193,714,481 Shares of no par value in issue.
- Ends -
For further information:
GMO Limited
Eugene Goh, Chief Executive Officer Tel: + 65 9690 0099
eugene@gmoglobal.com www.gmoglobal.com
Blue Oar Securities
Justin Lewis Tel: +61 (0) 3 8637 1540
jlewis@blueoarsecurities.co.uk
John Wakefield Tel: +44 (0) 117 933 0020
jwakefield@blueoarsecurities.co.uk www.blueoarsecurities.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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