Conversion of Convertible Loan Notes

Summary by AI BETAClose X

BSF Enterprise PLC announced that Indigo Capital Investments has converted £100,283 of its outstanding convertible loan notes, resulting in the issuance of 10,000,000 new ordinary shares. These new shares will rank equally with existing shares and are expected to be admitted to trading on the London Stock Exchange on August 28, 2026. Following this conversion, the company's total issued share capital will increase to 203,749,437 ordinary shares.

Disclaimer*

BSF Enterprise PLC
25 August 2026
 

25 August 2026

 

BSF Enterprise PLC

("BSF" or the "Company")

 

Conversion of Convertible Loan Notes

 

BSF Enterprise Plc (LSE: BSFA), (OTCQB: BSFAF), the biotechnology company focused on tissue engineering, lab-grown materials and bioactive solutions, announces that it has received a notice from Indigo Capital Investments ("Indigo") to convert £100,283 of the outstanding amount of £1m under the Company's convertible loan note instrument (the "CLN").

 

Accordingly, the Company will issue 10,000,000 new ordinary shares of 1 penny each to Indigo (the "Conversion Shares") in satisfaction of £100,283 of the outstanding amount under the CLN.

 

Admission and Total Voting Rights

 

Application will be made for the Conversion Shares to be admitted to the Equity Shares (transition) category of the Official List and to trading on the London Stock Exchange's main market for listed securities ("Admission"). Admission is expected to become effective and dealings in the Conversion Shares to commence at 8.00 a.m. on 28 August 2026.

 

The Conversion Shares will rank pari passu in all respects with the Company's existing ordinary shares.

 

Following Admission, the Company's issued share capital and total voting rights will comprise 203,749,437 ordinary shares.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

 

Navigate to our Interactive Investor website here: https://bsfenterprise.com/link/r6w2wP

 

For further enquiries, please visit www.bsfenterprise.com or contact:

 

BSF Enterprise PLC

Geoff Baker - Chairman

Che Connon - CEO & Director

 

We encourage all investors to share questions on this announcement via our investor website.

 

Bowsprit Partners

John Treacy

James Sheehan

 

 +44 (0)203 883 4430

ISIN of the Ordinary Shares

is GB00BHNBDQ51.

SEDOL Code is BHNBDQ5.

 

 

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