CARBONDESK GROUP PLC: Conversion of Loan Notes & Issue of Equity
CARBONDESK GROUP PLC
("CarbonDesk" or the "Company")
Conversion of Loan Notes and Issue of Equity CarbonDesk is pleased to announce that it has received notice to convert the final £103,000 nominal of unsecured 8% convertible loan notes 2013 ("Convertible Loan Notes", at the conversion price of 5 pence per share, into 2,060,000 ordinary shares in the Company. In addition, in line with the terms of the Convertible Loan Notes, the Company has opted to satisfy the remaining £158,336 of interest, due on the Convertible Loan Notes through the issue of 1,106,727 ordinary shares in the Company, also at a price of 5 pence each. Following the above conversions and the satisfaction of interest, there are no Convertible Loan Notes outstanding and no further interest payment obligations in respect of the Convertible Loan Notes. The interest of the Directors and certain substantial shareholders in the Company following the above allotments are as follows: Name: Previous Shares Resultant Percentage holding issued at 5 holding holding (%) pence
*Brett Stacey 2,408,777 n/a 2,408,777 12.26
*John Mayhew 2,175,000 n/a 2,175,000 11.07
GA Carbon Ltd - 2,052,162 2,052,162 10.44
Peterhouse Corporate Finance 1,631,363 110,683 1,742,046 8.86 Limited
Lombard Capital Plc 1,605,000 127,345 1,732,345 8.81
*Peter Holmes 1,308,638 82,148 1,390,786 7.08
*Daniel Edelman 1,037,500 83,068 1,120,568 5.7
*Brad Allan 927,000 83,726 1,010,726 5.14
*Director of the Company
In accordance with the FSA's Disclosure and Transparency Rules, the board confirms that the Company now has 19,654,519 shares of 5p in issue carrying voting rights.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in the Company under the FSA's Disclosure and Transparency Rules.
The Directors of the issuer accept responsibility for this announcement.
CARBONDESK GROUP PLC Daniel Edelman/ Peter Holmes +44 (0) 203 384 3650
Peterhouse Corporate Finance Limited Fungai Ndoro and Eran Zucker Tel: 020 7469 0932
-0- Feb/04/2013 10:55 GMT