SPDG Technologies Plc
SPDG Technologies Plc
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The board of SPDG Technologies plc are pleased to announce that it’s Chief
Executive Officer (CEO) Mr Michael Cunningham and his family-owned private
company, The Coach House Group, have agreed to convert £1,000,000 of loans
to equity at a strike price of £0.1936 per share. In addition they will
forgive loans of £507,000.
The Company believes this to be a significant vote of confidence by the CEO
for the future of the Company.
(c)DGAP 24.05.2006
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