Update on Convertible Loan Note

RNS Number : 2918J

Verditek PLC

04 December 2018

 

Verditek PLC
("Verditek" or the "Company")
 

Update on Convertible Loan Note  

Verditek plc, (AIM: VDTK), the clean technology company, announces that further to its announcements of 21 August, 19 September and 10 October 2018 in relation to the issue of the Convertible Loan Note, it has received funds for a total of £1.17 million.

The Company had unfulfilled commitments from a number of other investors, however, due to the time elapsed since the initial announcement in relation to the Convertible Loan Note, a number of these commitments have lapsed.  

The Company is in discussions with other potential investors who have expressed interest for a total of £1 million.

Further announcements will be made if and when additional funds are received.

Enquiries:

Verditek plc

Geoffrey Nesbitt, CEO                                                                         [phone]

[e-mail]  

Stockdale Securities Limited (NOMAD and Broker)

Antonio Bossi / David Coaten                                                             [phone]

www.stockdalesecurities.com 

Strand Hanson Limited (Financial Adviser)

James Harris / Ritchie Balmer / Jack Botros                                      [phone]

www.strandhanson.co.uk 

Whiteoaks International

Mary Fitzgerald                                                                                       [phone]

Bekki Bushnell                                                                                         [phone]

[e-mail] 

About Verditek

Verditek plc (AIM: VDTK), the clean technology company is headquartered in London. Verditek is dedicated to commercialising proven technology that can deliver significant competitive advantage compared to conventional industrial solutions. From light-weight solar modules, cutting edge de-odourisation, and ground-breaking CO₂ capture, Verditek is realising tomorrow's technologies today.

For further information, please visit www.verditek.com 

 

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