PeerTV PLC Drawdown of Convertible loan note (1808J)
15 Décembre 2015 - 7:10PM
UK Regulatory
TIDMPTV
RNS Number : 1808J
PeerTV PLC
15 December 2015
15 December 2015
PeerTV plc
("PeerTV" or the "Company")
Drawdown under SEDA Facility
The Board of PeerTV (AIM: PTV), a provider of technology
solutions for the OTT (TV over the internet) market, and PCB
(printed circuit board) production solutions has today drawn down a
fourth tranche of $75,000 under the terms of the Convertible Loan
Note Agreement with YA Global Master SPV Ltd ("YA") dated 9
February 2015.
The proceeds of the drawdown will be used to provide the Company
with additional working capital. The drawdown will be subject to an
Implementation Fee of $6,000.
The full terms of the Convertible Loan Note Agreement were
announced to the market on 10 February 2015.
Further enquiries:
PeerTV Plc
Eitan Yanuv, Chairman
Tel: +972 974 07315
ZAI Corporate Finance Limited
Tim Cofman / Richard Morrison
Tel: +44 20 7060 2220
Daniel Stewart & Company plc
David Coffman
Tel: +44 207 7766550
This information is provided by RNS
The company news service from the London Stock Exchange
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