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Aberdeen Asian Smaller results of CULS Placing, Open Offer and Conversion – On the 16th of April, Aberdeen Asaian smaller companies (AAS) published the detail of gives details of the proposed restructuring of the 2019 CULS and the terms of a new class of convertible unsecured loan stock that it intends to issue (“2025 CULS”).
Click here to read more on the proposal
The company has announced that it has received applications for £37 million nominal of new 2025 CULS being issued as follows:
The issue is conditional on shareholder and CULS holder approval of the resolutions at the company’s shareholder general meeting and stockholder meeting to be held on 23 May 2018.
For the full announcement from the company, please click on this link: AAS
AAS : Aberdeen Asian Smaller results of CULS Placing, Open Offer and Conversion
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