Loan Note Conversion Notice

RNS Number : 5325L

EQTEC PLC

19 April 2018

 

19 April 2018

EQTEC plc

("EQTEC" or the "Company")

Loan Note Conversion Notice

EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, has received a conversion notice pursuant to the Unsecured Loan Note Facility announced on 28 February 2018 for the principal amount of £150,000 to be converted at 0.4p per share into 37,500,000 new ordinary shares in the Company.

Upon issue, the new ordinary shares would comprise 2.71% of the enlarged issued share capital of the Company.

Application will be made for the admission to AIM of the new ordinary shares in accordance with the terms of the Loan Note agreement.   

Enquiries

EQTEC plc	[phone]
Luis Sanchez - Chief Executive Officer Gerry Madden - Finance Director
Luther Pendragon - Financial PR	[phone]
Harry Chathli / Alexis Gore / Ana Ribeiro

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

 

END

 

 

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