Allotment of Shares re Convertible Notes

RNS Number : 6530B

Challenger Acquisitions Limited

11 January 2018

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

For Immediate Release

                                                                                                                                    11 January 2018

Challenger Acquisitions Limited

("Challenger" or the "Company")

Allotment of Shares re Convertible Notes

Challenger Acquisitions Limited (LSE: CHAL) announces that 478,098 Ordinary Shares ("Shares") and 19,829 new convertible notes have been allotted in relation to the Secured Convertible Note due 30 June 2019, for interest for the quarter ended 31 December 2017.

Application has been made to the Financial Conduct Authority ("FCA") for 478,098 Shares to be admitted to listing on the standard listing segment of the Official List and to the London Stock Exchange for such shares to be admitted to trading on the Main Market for listed securities ('Admission').  It is expected that Admission will become effective, and dealings in the new ordinary shares will commence, at 8.00 a.m. on 17 January 2018.

Following this allotment, the total number of ordinary shares with a nominal value of £0.01 each (the "Ordinary Shares") in issue and the total number of voting rights in the Company is 182,581,186.  There are no shares held in treasury. The figure of 182,581,186 Ordinary Shares and voting rights may be used by shareholders in the Company as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information.

**ENDS**

For more information visit www.challengeracquisitions.com or enquire to:

Challenger Acquisitions Limited
Mark Gustafson	[phone]
St Brides Partners Ltd (PR)
Lottie Wadham, Charlotte Page	[phone]

 

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