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Notice of Results 2018 AGM
30-Nov-2018

30 November 2018 Creat Resources Holdings Limited ("CRHL" or "the Company") Result of Annual General Meeting Creat Resources Hold..

Notice of AGM and Posting of Proxies
23-Oct-2018

Creat Resources Holdings Limited (ACN 089 093 943) NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT ..

Notice of AGM and posting of Annual Report 2017
28-Sep-2017

Creat Resources Holdings Limited ("CRHL" or "the Company") Notice of General Meeting and Posting of Annual Report Creat Re..

Assignment of convertible loan notes 14-Dec-2011

RNS Number : 9856T
Creat Resources Holdings Ltd
14 December 2011

Creat Resources Holdings Limited


("CRHL" or "the Company")

Assignment of convertible loan notes

Further to the announcement on 3 November 2011 in relation to the put option exercised by Time Wise Limited ("TWL") over 222,222,222 convertible loan notes (face value of £10m) issued to TWL in April 2010 (the "Time Wise Notes"), the Company has received confirmation from Creat Group that the paperwork has now been processed and that it has therefore completed the acquisition of the Time Wise Notes for a consideration of 6 pence per Time Wise Note.

 

Following the acquisition of the Time Wise Notes, the changes to the interests of Creat Group and two directors of the Company are set out below:

 

 

Before

After

 

Fully paid ordinary shares

Convertible loans

Fully paid ordinary shares

Convertible loans

 

Number

('000)

 

%

 

(£)

Number

('000)

 

%

 

(£)

 

 

 

 

 

 

 

Creat Group Limited

353,300

52.95

6,995,866(1)

353,300

52.95

16,995,866(4)

Mr Xiaojian Ren

353,300(3)

52.95

6,995,866(2)

353,300(3)

52.95

16,995,866(4)

Dr Yuewen Zheng

353,300(3)

52.95

6,995,866(2)

353,300(3)

52.95

16,995,866(4)

 

(1) representing an outstanding convertible loan of £2,495,866 which is convertible into ordinary shares at a conversion price of 15 pence per share and a convertible loan of £4,500,000 convertible into ordinary shares at a conversion price of 4.5 pence per share. Therefore, these outstanding convertible loans are convertible into a total of 116,639,107 new ordinary shares in CRH

(2) beneficial interest in convertible notes held directly and indirectly through Creat Group's nominees, Marvel Link Group and Kingwealth Limited. As described above, the total outstanding convertible loans are convertible into a total of 116,639,107 new ordinary shares in CRH

(3) indirect beneficial interest held through Creat Group

(4) representing the outstanding convertible loans, referred to in note 1, of £6,995,866 and the Time Wise Notes where each Time Wise Note is convertible into one ordinary share. Therefore, these outstanding convertible loans are convertible into a total of 338,861,329 ordinary shares in CRH

 

For further information please visit www.creatresources.com or contact:

 

Creat Resources Holdings Limited

 

Tel: +852 2511 6022

Katy Wu

 

 

Business Development Manager

 

 

 

 

 

Creat Resources Holdings Limited

 

Tel: +61 3 6216 2700

Morris Hansen

 

 

 

 

 

Evolution Securities Limited (Nominated Adviser)

Evolution Securities China Limited (Broker)

 

Tel: +44 20 7071 4300

Tim Worlledge

 

 

Esther Lee

 

 

 

 

 

First City (China) Limited

Public Relations Adviser

 

 

Lei Jiang

 

Tel: +852 2854 2666

Simon Hudson

 

Tel: +44 20 7920 3170