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On eleven April 2018, SDVP issued an extra 1,419,917 Zero Dividend Preference shares at 103p per share (a premium of 3p per share) and net proceeds of £1,500,000. On the ten and 15 May 2018, SDVP issued an extra 100,000 and 200,000 Zero Dividend Preference shares at 104p per share (a premium of 4p per share), and web proceeds of £313,000. Pursuant to a loan settlement between SDVP and the Company, SDVP has lent the proceeds of the putting to the Company. The loan is non-interest bearing and is repayable three business days before the Zero Dividend Preference share redemption date of 30 April 2025 or, if required by SDVP, at any time prior to that date to be able to repay the Zero Dividend Preference share entitlement.
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