Silver Bullet Data Services Group PLC - London-based marketing services provider - Raises £200,000 via the issue of convertible loan notes, with a conversion price of 36 pence. The notes will provide the company with additional working capital to support the ‘significant growth’ in 4D sales and services offering.
‘We are pleased to announce this convertible loan note funding, which provides the company with further working capital to support the accelerating demand from both new and existing clients who are choosing Silverbullet to enhance their data and technology infrastructure,’ says Chief Executive Officer Ian James.
Current stock price: 38.00 pence, down 8.4% in London on Friday afternoon
12-month change: down 58%
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