TIDMDFX

RNS Number : 2156E

Defenx plc

16 October 2018

16 October 2018

Defenx PLC

("Defenx", the "Company" or the "Group")

First draw down under the Convertible Loan

Defenx Plc (AIM: DFX), the cyber-security software group, announces that, pursuant to the announcement of 2 October 2018 (the "Announcement"), it has received the funds under the first draw down of EUR150,000 pursuant to the Convertible Loan with BV Tech. The remaining EUR800,000 available under the Convertible Loan will be available to be drawn down in full, or in part, 45 days from 1 October 2018.

As detailed in the Announcement, the Convertible Loan will be convertible, at the sole discretion of BV Tech, into new Ordinary Shares at a price of 8 pence per share, subject to the relevant resolutions being approved at the Company's upcoming AGM.

Capitalised terms in this announcement, unless otherwise defined, have the same meaning as set out in the Announcement.

Enquiries

 
Defenx PLC 
 Anthony Reeves - Executive Chairman                      020 3198 9414 
IFC Advisory (Financial PR and IR) 
 Tim Metcalfe / Graham Herring / Heather Armstrong        020 3934 6630 
Strand Hanson Limited (Nominated and Financial Adviser) 
 Richard Tulloch / Stuart Faulkner / James Bellman        020 7409 3494 
WH Ireland (Broker) 
 Adrian Hadden                                            020 7220 1666 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

investors.defenx.com

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October 16, 2018 07:45 ET (11:45 GMT)

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