Electric Guitar #ELEG – Update re: Issue of equity for conversion of loan facility, substantial shareholding & TVR October 28, 2024 – Posted in: Electric Guitar Plc (ELEG)

Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, advises that further to its announcement of 14 October 2024, of the 16,666,666 new ordinary shares (the “New Shares”) of £0.005 each in the Company (the “Ordinary Shares”) to be issued to Sanderson Capital Partners Limited (“Sanderson”) pursuant to the loan conversion at 0.9p per share, it is now expected that of the New Shares, 13,888,888 will be issued and admitted…

Continue reading