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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tadpole Tech. | LSE:TAD | London | Ordinary Share | GB0008705930 | 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% | 1.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7650S Tadpole Technology PLC 21 April 2008 Interim Funding Further to the announcement of 26 March 2008, Tadpole Technology Plc ('Tadpole' or 'Company') is pleased to announce the issue of a further £500,000 nominal value convertible loan notes ('Loan Notes') to provide working capital for the Company. The Loan Notes, which are non-transferable are repayable on 18 October 2008, and attract interest at a rate of 2 per cent above Barclays Bank plc base rate for the period from 16 July 2008 to 15 October 2008 and thereafter 4 per cent above Barclays Bank plc base rate if not repaid or converted. The Loan Notes may be converted at the holder's discretion at any time, subject to certain conditions, into new ordinary shares of 1 penny each in the Company ('Ordinary Shares') at nominal value. If the Loan Notes are converted in full it will result in the issue of 50,000,000 new Ordinary Shares, equivalent to 11.7 per cent. of the current issued ordinary share capital of the Company. Tadpole will announce details of a larger fundraising shortly which will provide it with working capital for at least the next twelve months. This information is provided by RNS The company news service from the London Stock Exchange END IODSEAFEFSASEFL
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