Falcon Media House Limited Funding of £500,000 and Notice to Noteholders (5202R)

TIDMFAL

RNS Number : 5202R

Falcon Media House Limited

15 June 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

15 June 2018

Falcon Media House Limited

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

GBP500,000 Funding & Notice of Noteholder Meeting

Falcon Media House (LSE:FAL), the global digital media group focused on the over-the-top ('OTT') market, is pleased to announce that it has raised GBP500,000 through the issue of convertible loan notes pursuant to the Convertible Note Instrument dated 17 October 2017 (the "Note"). The funding is conditional on the Company proposing to Noteholders that the Conversion Price for the Note be adjusted to 1.5p.

The Board has resolved to issue a Notice of Meeting to Noteholders to propose the following resolution to amend the Note:

   --     That the Conversion Price applicable to the Note be set at 1.5p per share.

The resolution, if passed, will amend the maximum dilution possible should all Notes be converted. The Noteholder meeting has been called for 10 am on 29 June 2018.

Further updates will follow in due course.

**ENDS**

For more information visit www.falconmediahouse.com or enquire to:

 
  Falcon Media House Limited    info@falconmediahouse.com 
   Gert Rieder

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END

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June 15, 2018 02:25 ET (06:25 GMT)

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