Globe Capital Limited Issue of Convertible Loan Note
January 26 2018 - 12:13PM
UK Regulatory
TIDMGCAP
26 January 2018
Globe Capital Limited
("Globe Capital" or the "Company")
Issue of Convertible Loan Note
Globe Capital (the "Company") is pleased to announce that it has issued GBP
100,000 of 6% convertible redeemable loan note 2018 which is convertible at a
subscription price of GBP 0.005 per Ordinary Share. The Convertible
Noteholder may convert the loan notes into fully paid new Ordinary Shares. The
balance of the principal of the loan which has not been repaid or converted
into Ordinary Shares by 19 January 2021 is repayable on that date.
The funds will be used to provide further working capital for the Company and
developing further opportunities to enhance shareholder value.
Neither this announcement nor the information contained herein constitutes an
offer or solicitation by Globe Capital for the purchase or sale of any
securities nor does it constitute a solicitation to any person in any
jurisdiction where solicitation would be unlawful.
The directors of Globe Capital Limited accept responsibility for this
announcement.
For further information:
Globe Capital Limited
Christopher Neo, Company Secretary
+44 (0)20 3286 6388
Alexander David Securities Limited - NEX Corporate Adviser
David Scott
+44 (0)20 7448 9820
END
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