31 May 2017
GB00B0W5NJ22
ECOVISTA PLC
Issue of convertible loan notes
Ecovista Plc (the "Company") is pleased to announce that it has issued GBP 470,000 of Convertible Loan Notes 2017 which are convertible at a subscription price of GBP 0.0005 per Ordinary Share. The Convertible Noteholder may convert the loan notes into fully paid new Ordinary Shares. The balance of the principal of the loan which has not been repaid or converted into Ordinary Shares by 30th May 2018 is repayable on that date.
The funds will be used to provide further working capital for the Company and developing further opportunities to enhance shareholder value.
The Directors of the Issuer accept responsibility for this announcement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ecovista PLC
Louise Stokely
100 Rye Street
Bishops Stortford
CM23 2HH
Telephone 01279 654151
NEX EXCHANGE CORPORATE ADVISER:
Alexander David Securities Limited
David Scott - Corporate Finance
James Dewhurst - Institutional Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street, London EC4N 4SA
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ecovista Plc via GlobeNewswire
HUG#2109403