Trafalgar New Homes (GB:TRAF) has released an update.
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Trafalgar Property Group PLC is set to undergo a share reorganization to accommodate a convertible loan note issuance, with plans to subdivide and redesignate its share capital. This move will allow the conversion of a new convertible loan into millions of ordinary shares, while ensuring compliance with the Companies Act. Shareholders are expected to see these changes reflected in their accounts by early November.
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