SuperSeed Capital Ltd - Guernsey-based venture capital fund with a portfolio of early-stage technology investments - Issues 60,000 convertible loan notes to Superseed Ventures LLP, the company's investment manager, for a subscription price of GBP60,000.

In September 2022, the company established a GBP1.0 million loan facility through the issue of convertible loan notes to SuperSeed Ventures. According to the original announcement, these notes are redeemable on September 14, 2024, and could be converted by SuperSeed Ventures into shares in SuperSeed Capital at any time prior to that date at GBP1.30 per share.

Current stock price: Flat at 85.00 pence each in London on Tuesday

12-month change: down 23%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.