Visum Technologies PLC Issue of £100,000 Convertible Loan Note
2025年1月17日 - 8:40PM
RNS Regulatory News
RNS Number : 8020T
Visum Technologies PLC
17 January 2025
17 January 2025
VISUM
Technologies Plc
("VISUM
Technologies", " VIS" or the
"Company")
Issue of
£100,000 Convertible Loan Note
VISUM Technologies Plc (AQUIS: VIS)
announces that it has raised a total of £100,000 through the
issuance of an unsecured Convertible Loan Note ("CLN" or "Loan"). The Company will pay
interest on the Loan at an annual rate of 10% per annum, with the
redemption date of the 31st of December 2026. Subject to the terms
and conditions, the Loan conversion date is at the Lender's
discretion within the 3 years from the date of investment, or in
the event that the Company is subject to a
takeover. The
conversion price is set at £0.005 per share.
The funds raised through the issuance
of the CLN will be used to cover costs relating to the due
diligence on potential acquisitions and towards the working capital
of the Company.
The Company also announces that it is
in active discussions with investors regarding additional funding
to provide further working capital.
The directors of VISUM Technologies
Plc accept responsibility for this announcement.
For further
information, please contact:
|
Visum
Technologies PLC
Marc Dixon, Chief Executive
Officer
|
marc.dixon@visumtechnologies.net
|
|
First
Sentinel Corporate Finance Limited
(AQSE
Corporate Adviser)
Brian Stockbridge
|
Brian@first-sentinel.com
+44 (0)20 3855 5551
|
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END
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VISUM Technologies (AQSE:VIS)
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