FIMBank plc – Convertible Loan Agreement between FIMBank and UGB – Conversion Notice

July 8, 2013
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

FIMBank plc announced that it has received notice from UGB of the latter’s intention to exercise its option to convert Tranche A of the Loan including any interest accrued up to 29 July 2013 being the anticipated conversion date. As a result of the conversion FIMBank will issue 36,254,567 shares to UGB which will increase UGB’s holding in FIMBank to 30.25%.

To view the official company announcement, click here.