Convertible Loan Note Extension

RNS Number : 9562B

Access Intelligence PLC

11 March 2014

 



FOR RELEASE                                                                                                   

7.00AM

11 MARCH 2014

ACCESS INTELLIGENCE PLC

("Access Intelligence" or "the Group")

convertible loan note extension

The Company announces that Unicorn AIM VCT plc ("Unicorn"), one of the holders of loan notes issued by the Company in June 2009, has agreed to extend the terms of its loan notes. Under the new terms Unicorn's £750,000 nominal of convertible loan notes of £1 each will accrue interest at 8 per cent. per annum (previously 6 per cent.) and the loan notes will be redeemable for cash or convertible at 4 pence per ordinary share on 31 December 2015 (previously 30 June 2014).

In addition, the Company announces that it now expects to announce its preliminary results on 1 April 2014.

For further information:

Access Intelligence plc                                                                                        0843 659 2940

Michael Jackson (Executive Chairman)                                                                

Joanna Arnold (COO)                                                                                      

Kole Dhoot (CFO)

Sanlam Securities UK Limited (Nominated Adviser & Broker)                                  020 7628 2200

Simon Clements/Catherine Miles

 

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