Mode Global Holdings PLC Correction: Conversion of Loan Notes (2642I)
December 01 2022 - 6:11AM
UK Regulatory
TIDMMODE
RNS Number : 2642I
Mode Global Holdings PLC
01 December 2022
CORRECTION to the announcement made at 13:09 (RNS number: 1131I)
on 30 November 2022. The Company wishes to correct the date of
expected Admission of the 5,115,035 new ordinary shares of 1 pence
each in the capital of the Company, which will take place at 8:00
a.m. on 6 December 2022.
All other information was correct, the full amended text is
shown below.
Mode Global Holdings PLC
(the "Company")
Conversion of Loan Notes
Mode Global Holdings PLC (LSE: MODE ), the LSE-listed Fintech
Group, announces that further to and with reference to the
Company's announcement dated 13 July 2022 titled "Completion of
Fundraising", it has received and accepted conversion notices
resulting in the conversion of an aggregate of GBP113,932.96
principal amount of the Loan Notes, resulting in the issuance today
of 5,115,035 new ordinary shares of 1 pence each in the capital of
the Company (" New Ordinary Shares ") at average conversion price
of GBP0.0207 per share.
Total Voting Rights
Applications are being made to the Financial Conduct Authority
(" FCA ") for admission of the New Ordinary Shares to the standard
segment of the FCA's Official List and to the London Stock Exchange
for admission of the New Ordinary Shares to trading on the London
Stock Exchange's main market for listed securities (" Admission ").
It is expected that Admission will take place at 8:00 a.m. on 6
December 2022.
The Company confirms that as at the date of this announcement,
the Company's issued share capital comprises a total of 104,791,280
Ordinary Shares, with each share carrying the right to one vote.
The Company does not hold any ordinary shares in treasury.
Shareholders may therefore use this figure as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries
Mode Global Holdings PLC Via IFC
Rita Liu (CEO)
IFC Advisory Ltd
Financial PR & IR
Graham Herring
Tim Metcalfe
Zach Cohen +44 (0) 203 934 6630
Notes to Editors
Mode's vision is to be the most trusted crypto company, enabling
our customers to discover, own, and utilise digital assets. As an
EMI licence holder, and a FCA registered crypto asset business,
Mode is leveraging the power of crypto and Open Banking to deliver
on this mission and offer customers in the UK a one-stop app to
shop, earn and grow their crypto, all in one place. For businesses,
Mode provides a cheaper, safer and smarter alternative to card
payments that rewards shoppers with crypto.
To learn more, visit our customer/business site at
www.modeapp.com or our investor site at www.modeplc.com.
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END
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