Convertible Loan Note Update
Convertible Loan Note of £250,000 received; total CLNs now £845,000 of £2,000,000 facility.
- Convertible Loan Note received £250,000
- Total CLNs in issue £845,000
- CLN facility maximum £2,000,000
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Further to the announcement of 1 August, the directors of Built Cybernetics (AIM: BUC), the Smart Buildings group, confirm that the £250,000 referenced in that announcement has been received. This takes the quantum of Convertible Loan Notes ("CLNs") in issue to a total of £845,000.
The CLN instrument allows for a total of £2,000,000 to be raised in aggregate. The Company remains in discussions with respect to further subscriptions of CLNs and further announcements will be made as and when necessary.
| Investor Enquiries We encourage all investors to share questions on this announcement via our investor hub | https://builtcybernetics.com/link/PljJke |
| Built Cybernetics plc Clive Carver, Chairman Nick Clark, Chief Executive | +44 (0)20 7843 3001 |
| Canaccord Genuity Limited , Nominated Adviser and broker Stuart Andrews Elizabeth Halley-Scott | +44 (0)20 7523 8000 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.