Trafalgar New Homes (GB:TRAF) has released an update.
Trafalgar Property Group has announced the conversion of £99,550 worth of convertible loan notes into 226,250,000 new ordinary shares, resulting in Christopher Johnson holding a 27.85% stake in the company. These new shares will soon be admitted for trading on the AIM market, increasing the company’s total share capital to 879,352,371 ordinary shares.
For further insights into GB:TRAF stock, check out TipRanks’ Stock Analysis page.
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