ACCESS INTELLIGENCE PLC
("Access Intelligence" or "the Group")
(Innovative Software-as-Service Solutions)
Redemption of Loan Notes
Access Intelligence announced on 10 July 2009 that it had entered into Convertible Loan Agreements in respect of £1.85 million ("Loan Notes").
On 30th September 2011 the Company redeemed the £500,000 of Loan Notes held by Octopus Investments Limited at par.
This redemption will reduce the Company's annual interest bill by £30,000.
Following this transaction £1.25m of the original £1.85m remain outstanding.
This will not affect the issued share capital of the Company but will reduce the fully diluted number of shares by 12,500,000.
For further information:
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Access Intelligence plc |
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Michael Jackson (Executive Chairman |
0207 400 0485 |
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Jeremy Hamer (Finance Director) |
07977 234 614 |
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Northland CP |
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Shane Gallwey / Katie Shelton |
020 7796 8800 |
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Cubitt Consulting |
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Chris Lane / Alice Coubrough |
020 7367 5100 |
This information is provided by RNS