Business
Replacement: Funding, TVR, Loan Novation, Broker
Replacement: Funding, TVR, Loan Novation, Broker.
About this update from Boston International Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3914U\n Boston International Holdings PLC\n 01 April 2021\n \n \n \n \n REPLACEMENT ANNOUNCEMENT: The following amendments have been made to the 'Funding, TVR, Loan Novation, Appointment of Broker' announcement released on 31 March 2021 at 15:55 under RNS No: 1808U\n \n \n In the first paragraph the monetary amount of the financing should have been £198,956 rather than £199,956, the monetary amount of the Convertible Loan Notes should have been £125,714 rather than £126,714 whilst in the third paragraph the monetary amount of Convertible Loan Notes subscribed by Emirates should have been £30,000 rather than £31,000 and accordingly the number of Ordinary Shares sold by Emirates should have been 3,000,000 rather than 3,100,000. \n \n \n All other details remain unchanged.\n \n \n The full amended text is shown below.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"EUWA\")) (\"UK MAR\"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED WITHIN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF INSIDE INFORMATION (AS DEFINED UNDER UK MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THOSE PERSONS THAT RECEIVED INSIDE INFORMATION IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION, WHICH IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n For immediate release\n \n \n 31 March 2021\n \n \n Boston International Holdings plc\n \n \n (\"BIH\" or \"the Company\")\n \n \n New Funding, Total Voting Rights, Issue of Warrants, Novation of Loan and Appointment of Broker\n \n \n The Directors of BIH are pleased to announce that £198,956 of new financing has been secured by way of a fundraising undertaken by Peterhouse Capital Limited (\"Peterhouse\") which involves a combination of a subscription of £125,714 Convertible Loan Notes (\"Notes\") and the placing of 7,324,189 new ordinary shares of 1p each (the \"Ordinary Shares\") all at a price of 1p by Peterhouse (the \"Fundraise\"). \n \n \n Peterhouse Capital has been appointed as sole Broker to the Company with immediate effect. \n \n \n Fundraise\n \n \n Boston ...