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Jade Road Converts £250,000 Loan Notes Into New Equity Ahead of AIM Trading Resumption

Story Highlights
  • Jade Road is converting £250,000 of loan notes into 2.5 million new ordinary shares at £0.10.
  • Following admission of the conversion shares, total voting rights will rise to 241,022,365 once AIM trading resumes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jade Road Converts £250,000 Loan Notes Into New Equity Ahead of AIM Trading Resumption

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Jade Road Investments ( (GB:JADE) ) just unveiled an update.

Jade Road Investments has issued a conversion notice to Woollard & Hall Ltd for the conversion of £250,000 of convertible loan notes, constituted on 7 February 2025, into 2,500,000 ordinary shares at a price of £0.10 per share, with the conversion scheduled for 30 December 2025. As the company’s shares are currently suspended from trading, an application will be made for admission of the new conversion shares to AIM once trading resumes, at which point Jade Road’s total voting rights will rise to 241,022,365, setting a new reference figure for shareholders’ disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:JADE) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Jade Road Investments stock, see the GB:JADE Stock Forecast page.

Spark’s Take on GB:JADE Stock

According to Spark, TipRanks’ AI Analyst, GB:JADE is a Underperform.

The overall stock score is primarily driven by significant financial challenges, including declining revenues and negative profitability. Technical analysis supports a bearish outlook, and valuation metrics are unfavorable due to the negative P/E ratio. While recent corporate events indicate potential strategic improvements, the financial and technical weaknesses dominate the overall assessment.

To see Spark’s full report on GB:JADE stock, click here.

More about Jade Road Investments

Jade Road Investments Limited is a London-quoted investment company that offers investors exposure to alternative investments designed to deliver higher returns with lower risk than traditional asset classes.

Technical Sentiment Signal: Sell

Current Market Cap: £443K

Learn more about JADE stock on TipRanks’ Stock Analysis page.

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