Challenger Acquisitions Limited Allotment of Shares re Convertible Notes (3699K)
July 07 2017 - 1:00AM
UK Regulatory
TIDMCHAL
RNS Number : 3699K
Challenger Acquisitions Limited
07 July 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
For Immediate Release
7 July 2017
Challenger Acquisitions Limited
("Challenger" or the "Company")
Allotment of Shares re Convertible Notes
Challenger Acquisitions Limited (LSE: CHAL) announces that it
has allotted 6,882,353 new Ordinary Shares of GBP0.01 each
("Shares") in relation to the conversion of certain convertible
notes and a further 375,042 Shares and 18,493 new Convertible Notes
due 30 June 2019 in relation to interest on convertible notes as
follows:
-- 1,000,000 Shares on the conversion of GBP30,000 of the
Unsecured Convertible Note held by the Chief Executive Officer of
Challenger due 17 May 2018. This represents the entirety of Mr
Gustafson's holding;
-- A total of 6,115,713 Shares have been allotted to holders of
the Unsecured Convertible Note due 22 April 2018, comprising
5,882,353 Shares on the conversion of GBP100,000 of notes and
233,360 Shares for accumulated interest; and
-- 141,682 Shares and 18,493 new convertible notes have been
allotted in relation to the Unsecured Convertible Note due 30 June
2019, for interest for the quarter ended 30 June 2017.
Application has been made to the Financial Conduct Authority
("FCA") for 7,257,395 Shares to be admitted to listing on the
standard listing segment of the Official List and to the London
Stock Exchange for such shares to be admitted to trading on the
Main Market for listed securities ('Admission'). It is expected
that Admission will become effective, and dealings in the new
ordinary shares will commence, at 8.00 a.m. on 12 July 2017.
Following this allotment, the total number of ordinary shares
with a nominal value of GBP0.01 each (the "Ordinary Shares") in
issue and the total number of voting rights in the Company is
65,686,566. There are no shares held in treasury. The figure of
65,686,566 Ordinary Shares and voting rights may be used by
shareholders in the Company as the denominator for the calculations
by which they can determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information.
**ENDS**
For more information visit www.challengeracquisitions.com or
enquire to:
Challenger Acquisitions Limited
Mark Gustafson +1 604 454 8677
St Brides Partners Ltd (PR)
Lottie Brocklehurst, Charlotte +44 (0) 20 7236
Page 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUGUPCMUPMGCQ
(END) Dow Jones Newswires
July 07, 2017 02:00 ET (06:00 GMT)
Cindrigo (LSE:CHAL)
Historical Stock Chart
From Apr 2024 to May 2024
Cindrigo (LSE:CHAL)
Historical Stock Chart
From May 2023 to May 2024