Business
Conversion Notice
Jade Road Investments Limited has issued a Conversion Notice to Woollard & Hall Ltd for the conversion of its £250,000 Convertible Loan Note, issued on 7 February 2025, into 2,500,000 Ordinary Shares at a conversion price of £0.10 per share, effective 30 December 2025. Following this conversion and admission, the Company's total voting rights will increase to 241,022,365, which shareholders will use for disclosure guidance purposes. Application will be made for the admission of these new shares to AIM once trading resumes. Disclaimer*
About this update from Jade Road Investments Limited
[{"type":"text","content":"\n\n \nJADE ROAD INVESTMENTS LIMITED\n(\"Jade Road Investments\", \"JADE\" or the \"Company)\nConversion Notice\nJade Road Investments Limited (AIM:JADE), the London quoted investment company that looks to provide investors exposure to alternative investments which aim to offer higher returns and lower risk than traditional asset classes announces that the Company has issued a Conversion Notice to Woollard & Hall Ltd for the conversion of the Convertible Loan Note constituted on 7 February 2025 (\"Loan Notes\"). The Loan Notes of £250,000 will be converted at a conversion price of £0.10 into Ordinary Shares on 30 December 2025 (\"Conversion\").\n \nAs trading in the Company's shares is currently suspended application will be made to AIM for the admission of the 2,500,000 Conversion shares as and when trading resumes. \n \nFollowing Admission, the total voting rights in the Company will be 241,022,365 and shareholders will be able to use this figure as the denominator by which they are required to notify their interest in , or change in interest in, the Company under the Disclosure Guidance and Transparency rules.\n \nFor further information, please contact:\n \nJade Road Investments Limited\n \n+44 (0) 778 531 5588\nJohn Croft\n \nZeus Capital Limited - Nominated Adviser\n \n+44 (0) 203 829 5000\nJames Joyce / Andrew de Andrade\n \n \nThis announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain\n \n\n","length":3028,"tagName":"div"}]