Vision Media Group International | News
30 October 2007 Convertible loan confirmed
Following the announcement of 17 October 2007, ScreenFX plc (AIM:SFX), the digital advertising and communications specialist, announces that the convertible loan facility ("loan") agreed with Trafalgar Capital Specialised Investment Fund ("Trafalgar Capital") has been increased in size from £330,000 to £525,000. Of this £525,000, £300,000 is being committed immediately and a further £225,000 is to be committed on or before 30 November 2007.
In accordance with the terms of the loan, warrants of the value of £30,000 exercisable at a warrant exercisable price of 0.025 pence, will be provided to Trafalgar Capital.
For further information:
| ScreenFX plc | |
| Mike Cottman, Executive Chairman | Tel: +44 (0) 161 428 5544 |
| mikec@screenfx.com | |
| Seymour Pierce Limited | |
| Stuart Lane / John Depasquale, Corporate Finance | Tel: +44 (0) 20 7107 8000 |
| stuartlane@seymourpierce.com | www.seymourpierce.com |
| Media enquiries: | |
| Abchurch | |
| Henry Harrison-Topham / Gareth Mead | Tel: +44 (0) 20 7398 7700 |
| henry.ht@abchurch-group.com | www.abchurch-group.com |