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R8 Capital Investments Settles Loan and Plans Listing Restoration

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R8 Capital Investments Settles Loan and Plans Listing Restoration

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Mode Global Holdings Plc ( (GB:MODE) ) has issued an update.

R8 Capital Investments PLC has successfully discharged its outstanding loan to note holders, amounting to £1,902,208, by arranging for them to receive shares in VVV Resources Limited, which is being renamed VVV Sports Limited. This transaction involved the issuance of 190,220,932 new ordinary shares in VVV to the note holders and 2,619,782 ordinary shares in R8 Capital to VVV. The company is also working on its audited accounts for 2024 and plans to apply for the restoration of its listing once these are released.

More about Mode Global Holdings Plc

Average Trading Volume: 1,094,824

Technical Sentiment Signal: Sell

Current Market Cap: £1.49M

For an in-depth examination of MODE stock, go to TipRanks’ Overview page.

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