Ambiorix1
13 Apr 2015
The best is still to come, still time to buy Because of this :Bond Interest Coupon & Maturity DateThe $8 million (GBP4.7 million) Bond was issued at par and has an annual coupon of 5% commencing from 21 January 2015. Interest is payable semi-annually in arrears and the Bond matures on 21 July 2019, unless previously converted into fully-paid ordinary shares of Epistem ("Ordinary Shares"
. Conversion Terms(i) GHIF has the option to convert the Bond into 967,298 Ordinary Shares at a conversion price of GBP 4.89 at any time during the period 15 January 2015 to 15 May 2019. This issue of 967,298 ordinary shares is equivalent to 9.67% of the current issued share capital of Epistem.(ii) Epistem shall have the option to convert the Bond into Ordinary Shares at a conversion price of GBP 4.89 during the period 21 January 2015 to 7 July 2019 if the Epistem share price shall exceed GBP 5.87.Ambiorix.
ignateus ignoramus
13 Apr 2015
The awaited news is in Regulatory approval for Genedrive in India.The share price flood gates are 'ajar' but there is a lot more to come so fill those boots asap.The strong buy is for the long term as ever.
