Issue of Loan Note
February 14 2008 - 12:05PM
UK Regulatory
RNS Number:0511O
Croma Group PLC
14 February 2008
CROMA GROUP PLC ("CROMA" OR "THE GROUP")
ISSUE OF 10% CONVERTIBLE LOAN STOCK
The Board of Croma, the AIM listed surveillance security and homeland defence
specialist, announce that they have today entered into a 10% loan stock
agreement ('Loan Stock') to raise �100,000. The Loan Stock is convertible into
Croma ordinary shares at a price of 5p per share at any time until February
2013. 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
Sebastian Morley, Chief Executive 07768 006 909
Seymour Pierce Limited
Mark Percy / Jeremy Garrett-Cox 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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