Friday 30th June 2023 |
Text too small? |
Transport and logistics group, MOVE Logistics Group Limited (NZX/ASX: MOV) issued $8.2 million of convertible notes to a number of wholesale investors in 2021. The terms of issue for the convertible notes were advised to the NZX Market on 3 May 2021.
As permitted under the terms of the convertible notes, all holders of the convertible notes have elected to convert their notes into ordinary shares of MOVE. This conversion has been completed today at a conversion price of approximately $0.73 per share.
A capital change notice detailing this issue of shares accompanies this announcement. MOVE now has no remaining convertible notes on issue.
ENDS
No comments yet
May 13th Morning Report
Rakon FY2024 Results Announcement Date
WHS - The Warehouse Group FY24 Third Quarter Sales Update
May 10th Morning Report
FY24 Results Announcement Date and Briefing Details
Fonterra appoints permanent CFO
Harapaki wind farm now on track for mid-winter completion
Rabobank picks $8.40 kg/MS forecast milk price for 24/25 dairy season, but warns global dairy price recovery now likely to be slower
Kiwi Property FY24 annual results announcement date
MFB - FY24 Results Announcement Date and Briefing Details