Business
Redemption and conversion of Notes
Redemption and conversion of Notes.
About this update from Cindrigo Holdings Limited
[{"type":"text","content":"\n \nRNS Number : 7567G Challenger Acquisitions Limited 06 March 2018 \n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.\n \nFor Immediate Release \n 6 March 2018\nChallenger Acquisitions Limited\n(\"Challenger\" or the \"Company\")\n \nRedemption and conversion of Notes\n \nChallenger Acquisitions Limited (LSE: CHAL) announces that it has allotted 38,826,686 new Ordinary Shares of £0.01 each (\"Shares\") comprising 31,159,458 Shares in relation to the conversion of certain convertible notes and a further 7,667,228 Shares in relation to interest on convertible notes as follows: \n \n· A total of 9,901,353 Shares have been allotted to holders of the Secured Convertible Note due 2 March 2018, comprising 4,166,667 Shares on the conversion of the entire balance of £500,000 of notes and 5,734,686 Shares for accumulated interest; \n· A total of 9,394,510 Shares have been allotted to holders of the Unsecured Convertible Note due 6 May 2018, comprising 8,242,791 Shares on the conversion of £35,444 of notes and 1,151,719 Shares for accumulated interest; \n· A total of 19,530,823 Shares have been allotted to holders of the Unsecured Convertible Note due 8 June 2019, comprising 18,750,000 Shares on the conversion of £75,000 of notes and 780,823 Shares for accumulated interest.\n \nApplication has been made to the Financial Conduct Authority (\"FCA\") for 38,826...