Dillistone Group

DSG · AIM · Technology · mcap £7.3m · 17.8p 1 open situation →

Dillistone sells subscription software to recruitment firms, including the Talentis executive search product and the Ikiru People business. It is now changing into an acquirer of profitable, cash-generative businesses, mainly in the UK.

Target	Promise	Said	Status
2026
27 Oct 2026	Convert £794,750 of loans into shares at 14p, removing the debt and saving about £73,000 interest a year	25 Sep 2026	⏱ Overdue – no update
	“The Conversion will remove £794,750 of debt from the Group's balance sheet and save approximately £73,000 a year in interest.” Also stated 30 Sep 2026 · 1 Oct 2026 How it developed 25 Sep 2026 Said “The holders of the loans have indicated their intention to ask the Company to convert the loans to shares at a price of 14p.” 30 Sep 2026 Said “conversion of approximately £0.795m of loan notes into ordinary shares” 1 Oct 2026 Said “The Conversion will remove £794,750 of debt from the Group's balance sheet and save approximately £73,000 a year in interest.” Result Was marked kept on this sentence – reopened: an expectation, not a result. We check again with the report for the period. “The Conversion will result in the issue of 5,676,780 new Ordinary Shares (the "Conversion Shares"). The price of 14 pence is the conversion price of the 2024 loan notes, now applied to all of the Loans. The Conversion will remove £794,750 of debt from the Group's balance sheet and save approximately £73,000 a year in interest.”1 Oct 2026 · Conditional Loan Conversion Agreement The deadline has passed; no announcement since says whether it was met. We check again as new reports come in.