Guild Esports Plc (GB:GILD) has released an update.
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Guild Esports Plc has announced the conversion of a £250,000 loan into 66,666,667 new ordinary shares by Compassare Holdings, with intentions to admit the shares to trading on the London Stock Exchange following a prospective approval of a new prospectus. In corporate developments, the company appointed Westend Corporate LLC as its new Company Secretary. The conversion and subsequent share admission are part of Guild’s strategy to solidify its position as a global gaming-focused media business and lifestyle brand.
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