Durable Goods (Jun F) -9.4% vs 9.3% Prior, Ex-Trans 0.2% vs 0.2%
LONDON - Iconic Labs PLC (LSE:ICON), a media and technology company, has announced the conversion of a Convertible Note into shares. The conversion, dated Sunday, will result in the issuance of 268,817 new ordinary shares, expanding the company’s share capital.
The Convertible Note, with a principal amount of £5,000, is being converted at a price of GBP 0.0186 per share. The new shares are expected to be admitted to trading on the London Stock Exchange (LON:LSEG)’s Main Market around June 13, 2025, and will rank equally with the existing ordinary shares.
Following this allotment, Iconic Labs’ total issued share capital will consist of 13,884,027 Ordinary Shares. This figure also represents the total voting rights in the company, which shareholders can use as the denominator for the calculations needed to determine if they must disclose changes in their shareholding according to the Financial Conduct Authority’s Disclosure Guidance & Transparency Rules.
The information disclosed acts in compliance with the Market Abuse Regulation (EU) 596/2014 as part of UK domestic law, ensuring transparency in line with the company’s obligations. This conversion is part of the company’s financial activities and is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.