Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Cleantech Building Materials: DEBT CONVERSION AND ISSUE OF NEW SHARES

29.12.2022, 11.56
Cleantech Building Materials

29 December 2022

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

TICKER:  CBM
ISIN: GBOOBD1LVD21

CLEANTECH BUILDING MATERIALS PLC

DEBT CONVERSION AND ISSUE OF NEW SHARES

Cleantech Building Materials PLC (“CBM” or the “Company”) announces that following the signature of the subscription agreement in July 2019 with a family office (the “Investor”) (the “Agreement”) it has reached an agreement with the Investor to convert €300,000 of outstanding debt under the Agreement at €1.25 per share into 240,000 new ordinary shares of £0.10 nominal par value each in the Company (“Ordinary Shares”), and for the new Ordinary Shares to be issued to the Investor (the “Conversion”). Following the Conversion the Investor will not hold 5% or more of the Company’s issued share capital. The Company will apply for the 240,000 new Ordinary Shares to be admitted to trading on the Exchange.

Following the Conversion, the issued share capital of the Company will be 88,516,936 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

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 disclosed in compliance with Rule 4.2.5 of the Nasdaq First North Growth Market Rulebook.


Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Privacy preferences

Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.