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Seeing Machines Ltd. (SEE): Magna convertible loan refinancing

This situation live

SEE Seeing Machines Ltd.

£143m · 2.9p · −23% since the first step
4.4p 2.9p Now 2.9p · 10 Nov −6% Oct ’26Nov
Balance-sheet stress / refinancing
Magna convertible loan refinancing
Extension and refinancing work under way
Next: Agree extension or refinancing of Magna convertible loan notes
Every step · 1
  1. 9 Nov 2026 Extension and refinancing work under way – The Company is continuing work on a longer-term extension and refinancing options for the existing Convertible Loan Notes with Magna International Inc. ↗

What is happening

Seeing Machines Ltd.: Magna convertible loan refinancing – Extension and refinancing work under way. ['Extension and refinancing work under way']

In short
Seeing Machines is working on a longer-term extension and refinancing options for its existing convertible loan notes held with Magna International Inc. This was stated in the Q1 FY2027 KPI update on 9 Nov 2026. No terms, amount or timetable have been given.
Announced
9 Nov 2026 · Extension and refinancing work under way
Lender
Magna International Inc.
Instrument
Existing Convertible Loan Notes
Status
Work continuing on longer-term extension and refinancing options (9 Nov 2026)

What comes next

Agree extension or refinancing of Magna convertible loan notes.

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Also at Seeing Machines Ltd. 0 open
Upgrade / downgrade cycleResults below expectations – below expectations · closed Upgrade / downgrade cycleProfit upgrade – guidance raised · closed Insider conviction1 director buying – £23k in 2 buys since 30 Dec · closed Insider conviction1 director buying – £78k in 1 buy since 6 Nov · closed Seeing Machines Ltd. – company page →

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