Result of Bondholders' Meeting
Bondholders approve extension of maturity date to December 2028, conversion price amendment and removal of de-listing redemption rights.
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. In relation to the Company’s zero-coupon bond originally issued in 2013 (the “Bond”), all proposed resolutions were duly passed.
As a result of the approval of the resolutions:
the maturity date of the Bond has been extended to 15 December 2028;
the conversion price has been amended to 2 pence per new ordinary share of 0.25 pence each in the Company; and
the Bond’s terms regarding redemption at the option of the Bondholders in the event of a de-listing have been removed.
78% of the outstanding Bondholders voted at the meeting.
Further details of the resolutions were set out in the circular announced on 23 March 2026 and available on the Company’s website.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.