IamFire Plc Extension of Discounted Capital Bond and Name Change
28 Novembro 2023 - 4:00AM
UK Regulatory
TIDMFIRE
The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU No.
596/2014) which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.
IamFire plc
AQSE: FIRE
("FIRE" or the "Company")
Extension of Discounted Capital Bond
Name Change
Discounted Capital Bond
IamFire plc is pleased to announce that it extended the Discounted Capital Bond
("DCB") with Hawk Investment Holdings Limited ("the Bondholder") for a further
12 months to 24 November 2024.
As announced on 27 August 2020, Fire entered into the DCB with the Bondholder
pursuant to the terms and conditions of the DCB agreement.
The DCB agreement was originally for a period of 36 months which expired and had
subsequently been extended for a further period ending 24 November 2023. The
parties have now agreed to extend the terms of the DCB agreement for a further
12 months ending on 24 November 2024.
Name Change
The Directors have proposed that at the forthcoming Annual General Meeting on 11
December 2023 to put a resolution to shareholders to change the name of the
Company to WeCap plc.
The Directors believe that the name change will better reflect the essence and
strategy of the Company which is, in effect, raising capital and providing
support for its investee companies. In addition to the name change the Company
proposes to roll out a new website and social media platforms all with the aim
of providing better awareness for our investee companies, in particular the
predominant weighting given to WeShop in our portfolio.
The Directors of the Company accept responsibility for the contents of this
announcement.
REGULATORY ANNOUNCEMENT ENDS
Enquiries:
Company:
info@iamfireplc.com
Corporate Advisor:
Peterhouse Capital Limited
Guy Miller/Narisha Ragoonanthun: + 44 (0) 20 7469 0930
Corporate Broker
Tennyson Securities Limited
Peter Krens: +44 (0) 20 7186 9033 (Direct)
This information was brought to you by Cision http://news.cision.com
END
(END) Dow Jones Newswires
November 28, 2023 02:00 ET (07:00 GMT)
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