26 January
2018
Globe Capital
Limited
("Globe Capital"
or the "Company")
Issue of
Convertible Loan Note
Globe Capital (the "Company") is pleased to announce that it has
issued GBP 100,000 of 6% convertible
redeemable loan note 2018 which is convertible at a subscription
price of GBP 0.005 per
Ordinary Share. The Convertible Noteholder may convert the loan
notes into fully paid new Ordinary Shares. The balance of the
principal of the loan which has not been repaid or converted into
Ordinary Shares by 19 January 2021 is
repayable on that date.
The funds will be used to provide further working capital for
the Company and developing further opportunities to enhance
shareholder value.
Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Globe Capital for the
purchase or sale of any securities nor does it constitute a
solicitation to any person in any jurisdiction where solicitation
would be unlawful.
The directors of Globe Capital Limited accept responsibility for
this announcement.
For further information:
Globe Capital Limited
Christopher Neo, Company Secretary
+44 (0)20 3286 6388
Alexander David Securities Limited – NEX Corporate Adviser
David Scott
+44 (0)20 7448 9820