Issue of loan stock
January 29 2008 - 2:00AM
UK Regulatory
RNS Number:7060M
Croma Group PLC
29 January 2008
CROMA GROUP PLC ("CROMA" OR "THE GROUP")
ISSUE OF 7% LOAN STOCK
The Board of Croma, the AIM listed surveillance security and homeland defence
specialist, announce that they have today entered into 7% loan stock agreements
("Loan Stock") to raise, in aggregate, �120,000. The Loan Stock is convertible
into Croma ordinary shares at a price of 5p per share at any time until December
2012. The net proceeds of the Loan Stock will be used for working capital
purposes as the Company seeks to support recent business gains.
Enquiries:
Croma Group plc
John French, Non-Executive Chairman Mobile: 07836 722 482
Seymour Pierce Limited
Mark Percy / Jeremy Garrett-Cox Tel: 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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