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SYS Sysgroup Plc

24.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sysgroup Plc LSE:SYS London Ordinary Share GB00BYT18182 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 23.00 25.00 24.00 24.00 24.00 5,007 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 22.71M -5.9M -0.0709 -3.39 19.98M

Daily Internet PLC Redemption of Convertible Loan Note (8419B)

12/01/2015 7:00am

UK Regulatory


Sysgroup (LSE:SYS)
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TIDMDAIP

RNS Number : 8419B

Daily Internet PLC

12 January 2015

12 January 2015

Daily Internet plc

("Daily Internet" or "the Company" or "the Group")

Redemption of Convertible Loan Notes

Daily Internet (AIM: DAIP), the hosting and cloud infrastructure provider, announces that it has repaid GBP170,000 nominal of the 9% convertible loan notes 2015 ("CLNs"). Following the redemption the Company will continue to have GBP105,000 nominal of 9% convertible loan notes 2016 in issue. The 2016 CLNs have a redemption date of 8 January 2016.

The redemption has been satisfied from the Company's existing cash resources. The Company's P&L account will also benefit from the removal of the associated annual interest charge.

 
 For further information please contact: 
 
  Daily Internet plc 
  Christopher Evans, CEO                         +44 (0)151 559 1752 
  Michael Edelson, Chairman                      +44 (0)161 393 6800 
 Sanlam Securities UK Limited (Nominated 
  Adviser and Joint Broker) 
  Simon Clements/Max Bascombe                  +44 (0)20 7628 2200 
 Loeb Aron & Company Limited (Joint Broker) 
  Dr Frank Lucas/Peter Freeman                 +44 (0)20 7628 1128 
 Walbrook PR Limited 
  Bob Huxford/Guy McDougall/Sam Allen          +44 (0)20 7933 8780 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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