Defenx plc Offer by BV Tech to bondholders (8898W)
14 December 2019 - 3:33AM
UK Regulatory
TIDMDFX
RNS Number : 8898W
Defenx plc
13 December 2019
13 December 2019
Defenx PLC
("Defenx", the "Company" or the "Group")
Agreement by BV Tech to purchase Defenx bonds and offer by BV
Tech to bondholders
Defenx PLC (AIM: DFX), the cyber-security software group, notes,
and draws holders of the Defenx GBP1.25 million 10% secured and
convertible bonds due 2020 (the "Bonds") attention to, the
announcement released earlier today by BV Tech S.p.A ("BV Tech"),
the Company's majority shareholder with an interest of
approximately 73.6% in the Company's issued share capital as at 12
December 2019. The announcement stated that BV Tech has reached an
agreement with the largest bondholder to purchase its Bonds, which
have a principal value of GBP804,000, and has launched an offer to
purchase the remaining Bonds.
Enquiries
Defenx PLC
Anthony Reeves - Interim Executive Chairman 020 3198 9414
Strand Hanson Limited (Nominated and Financial Adviser
to the Company)
Richard Tulloch / Stuart Faulkner / James Bellman 020 7409 3494
WH Ireland (Broker to the Company)
Adrian Hadden / James Sinclair-Ford
Melvyn Brown (Sales & Trading) 020 7220 1666
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Florence Chandler 020 3934 6630
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END
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(END) Dow Jones Newswires
December 13, 2019 11:32 ET (16:32 GMT)
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