SHAFT SINKERS HOLDINGS PLC
22 October 2014
Shaft Sinkers Holdings plc (the "Company")
Funding Update
The Company provides an update with regards to the proposed GBP 9.2 million issue of convertible loan notes (the "Convertible Loan Notes") announced on 22 August 2014.
Discussions with potential investors are continuing and the Company is preparing a circular to convene a general meeting to approve the issuance of the Convertible Loan Notes. However, the Company will not now be ready to post the circular to shareholders by 22 October 2014 as previously expected. The Company now expects to post the circular by 5 November 2014.
Further announcements will be made as appropriate.
ENDS
For further information:
Shaft Sinkers Holdings plc +44 (0) 787 595 1362
Alon Davidov, Chief Executive Officer
Chris Hall, Chief Financial Officer
Aura Financial +44 (0) 207 321 0000
Andy Mills
This information is provided by RNS
|
distributed by
|
