Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) is issuing 16.6 million new shares to its largest investor, Jonathan Swann, in lieu of £215,134 in accrued interest on his £1.6 million convertible loan notes from 2023. The shares are priced at 1.2932 pence, based on the average trading price between 11 and 25 August, following the lifting of the company’s trading suspension.
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