Dienstag, 11.05.2021 17:01 von GlobeNewswire | Aufrufe: 179

Cleantech Building Materials: LOAN FACILITY DEBT CONVERSION AND ISSUE OF NEW SHARES

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11 May 2021


CLEANTECH BUILDING MATERIALS PLC, NASDAQ FIRST NORTH GROWTH MARKET, COPENHAGEN

TICKER:  CBM
ISIN: GBOOBVIVRR47

CLEANTECH BUILDING MATERIALS PLC

LOAN FACILITY DEBT CONVERSION AND ISSUE OF NEW SHARES

Cleantech Building Materials PLC (“CBM” or the “Company”) announces that the Company has reached an agreement with its loan provider, as disclosed in the CBM Company Description published on 20 December 2016, to convert €1,567,995.34 of outstanding debt into 3,763,188 new ordinary shares of £0.10 nominal par value each in the Company (“Ordinary Shares”), and, in accordance with the provisions of the loan agreement, for the new Ordinary Shares to be issued to a number of parties (the “Conversion”). No such party will hold 5% or more of the Company’s issued share capital. The Company will apply for the 3,763,188 new Ordinary Shares to be admitted to trading on the Exchange.

Following the Conversion, the issued share capital of the Company will be 76,625,773 Ordinary Shares, with no Ordinary Shares held in Treasury. Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to, their interest in Ordinary Shares under the Disclosure Guidance and Transparency Rules.

THE DIRECTORS OF CLEANTECH BUILDING MATERIALS PLC ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

Further information may be found at the Company's website at www.cbm-plc.com

Kurse

  

Further Enquiries:

Cleantech Building Materials plc
Adrian Wyn-Griffiths
info@cbm-plc.com
+44 20 3934 6630
 
Keswick Global AG (Certified Adviser) info@keswickglobal.com   
+43 1 740 408045
 
IFC Advisory Limited (Financial PR)
Tim Metcalfe
Zach Cohen
+44 20 3934 6630

The information communicated in this announcement is “inside information” for the purposes of article 7 of the Market Abuse Regulation 596/2014.


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