logo-loader
RNS
viewChallenger Acquisitions Limited

Challenger Acq Ltd - Conversion of Notes

RNS Number : 5550X
Challenger Acquisitions Limited
20 December 2019
 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

 

For Immediate Release

                                                                                                                             20 December 2019

Challenger Acquisitions Limited

("Challenger" or the "Company")

 

Conversion of Notes

 

Challenger Acquisitions Limited (LSE: CHAL) announces that it has allotted 19,535,676 new ordinary shares of £0.01 each (the "New Ordinary Shares") to holders of the Unsecured Convertible Note issued 8 June 2017, comprising 16,479,895 for the conversion of £25,000 of notes and a further 3,055,781 New Ordinary Shares for accumulated interest.

 

Application has been made to the Financial Conduct Authority ("FCA") for 19,535,676 New Ordinary 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 (the "Admission").  It is expected that Admission will become effective, and dealings in the New Ordinary Shares will commence, at 8.00 a.m. on or around 30 December 2019.

 

Following this allotment, the total number of ordinary shares with a nominal value of £0.01 each (the "Ordinary Shares") in issue and the total number of voting rights in the Company is 315,537,248.  There are no shares held in treasury.  The figure of 315,537,248 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)

 

Cosima Akerman

+44 (0) 20 7236 1177

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
MSCDMMMZVLLGLZM

Quick facts: Challenger Acquisitions Limited

Price: 0.115

Market: LSE
Market Cap: £362.87 k
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE