Defenx plc First draw down under the Convertible Loan (2156E)
October 16 2018 - 7:45AM
UK Regulatory
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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