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SEEEN plc and Gresham House Asset Management Limited have agreed to an extension for the Conditional Convertible Loan Note subscription period. This allows the conditions attributable to the Conditional CLNs to be satisfied or waived by 13 December 2024.
| Date | 2 Dec 2024 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 2971O |
2 December 2024
SEEEN plc
("SEEEN", "Group", or the "Company")
Extension of Conditional Convertible Loan Note Subscription Period
Further to the Company's announcement made on 31 May 2024 (the "Announcement"), SEEEN plc (AIM: SEEN), the global media and technology platform that delivers Key Video Moments and Video Commerce to transform its clients' video profitability, provides an update on the Conditional CLNs conditionally subscribed for by Gresham House Asset Management Limited ("Gresham House").
Pursuant to the Conditional CLNs, SEEEN and Gresham House have agreed an extension, thereby allowing the conditions attributable to the Conditional CLNs to be satisfied or (if capable of waiver) waived by 13 December 2024 (or such later date as Gresham House and the Company may agree).
A further announcement will be made as and when appropriate.
Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Announcement.
For further information please contact:
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SEEEN plc Adrian Hargrave, CEO
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Website: seeen.com |
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Allenby Capital Limited (Nominated Adviser) |
Tel: +44 (0)20 3328 5656 |
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Alex Brearley / George Payne (Corporate Finance)
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Dowgate Capital Limited (Joint Broker) Stephen Norcross
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Tel: +44(0)20 3903 7721 |
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Capital Plus Partners Limited (Joint Broker) Jonathan Critchley
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Tel: +44(0)20 3821 6167 |
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focusIR (Investor Relations) Paul Cornelius / Kat Perez |
Tel: +44(0) 07866 384 707 |