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On 11 May 2023, Highway Capital Plc announced the issuance of two Convertible Loan Notes. One note was for £11,000 to director Maciej Szytko, with a 6-month term, 5p conversion price per new ordinary share, and 5% annual interest payable at maturity. The second note was for £9,000 to an unconnected investor under the same terms.
| Date | 11 May 2023 |
| Time | 12:49:33 |
| Category | Capital structure |
| ID | 1419Z |
11 May 2023
Highway Capital Plc
(the "Company")
Loan to Company
Highway Capital Plc announces that it has issued a Convertible Loan Note for the amount of £11,000 to Maciej Szytko, a director of the Company. The Loan has a term of 6 months, conversion price of 5p per new ordinary share and 5% interest per annum payable at maturity.
The Company also announces that it has issued a Convertible Loan Note for the amount of £9,000 to unconnected investor. The Loan has a term of 6 months, conversion price of 5p per new ordinary share and 5% interest per annum payable at maturity.
For further information, please visit www.highwaycapital.co.uk or contact the following:
Highway Capital Plc [email protected]