Defenx PLC (LON:DFX)

Defenx PLC (LON:DFX)


Share Price
4.35 p
Change
0 (0.00 %)
Market Cap
£1.68 m
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Defenx PLC RNS Release

First draw down under the Convertible Loan


RNS Number : 2156E
Defenx plc
16 October 2018
 

16 October 2018

 

Defenx PLC

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

 

First draw down under the Convertible Loan

 

Defenx Plc (AIM: DFX), the cyber-security software group, announces that, pursuant to the announcement of 2 October 2018 (the "Announcement"), it has received the funds under the first draw down of €150,000 pursuant to the Convertible Loan with BV Tech.  The remaining €800,000 available under the Convertible Loan will be available to be drawn down in full, or in part, 45 days from 1 October 2018.

 

As detailed in the Announcement, the Convertible Loan will be convertible, at the sole discretion of BV Tech, into new Ordinary Shares at a price of 8 pence per share, subject to the relevant resolutions being approved at the Company's upcoming AGM.

 

Capitalised terms in this announcement, unless otherwise defined, have the same meaning as set out in the Announcement.

 

Enquiries

 

Defenx PLC

Anthony Reeves - Executive Chairman

 

020 3198 9414

IFC Advisory (Financial PR and IR)

Tim Metcalfe / Graham Herring / Heather Armstrong

 

020 3934 6630

Strand Hanson Limited (Nominated and Financial Adviser)

Richard Tulloch / Stuart Faulkner / James Bellman

 

020 7409 3494

WH Ireland (Broker)

Adrian Hadden

020 7220 1666

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

 

investors.defenx.com


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.
 
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Defenx PLC Timeline

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October 25 2017
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January 03 2017
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August 02 2016
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April 19 2016

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