REG - Mode Global Holdings - Directors' Subscription to Loan Notes

R8 Capital InvestmentsAnnouncement

15/07/2022 07:00

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RNS Number : 5721S  Mode Global Holdings PLC  15 July 2022

Mode Global Holdings PLC

(the "Company")

DIRECTORS' SUBSCRIPTION TO LOAN NOTES

 

Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, announces
that further to and with reference to the Company's announcement dated 13 July
2022 titled "Completion of Fundraising" ("Announcement"), the Loan Notes
subscribed for by certain directors are as set out below:

 

 Director                                   Subscription

 Rita Liu, Chief Executive Officer          £20,000
 David Shrier, Non-Executive Director       £25,000
 Michael Robertson, Non-Executive Director  £20,000
 TOTAL                                      £65,000

 

The Loan Notes subscribed for by David Shrier are held by Visionary Future
LLC, an entity in which Mr. Shrier is an interest holder.

As stated in the Announcement, investors in the Loan Notes will also be issued
with Warrants.

 

Press contacts:

Fiona McAra, MRM

+44 (0)7471 350286

mode@mrm-london.com

 

Julie Sand, Mode Global Holdings PLC

+44 (0)203 773 0588

julie.sand@modeapp.com

 

Notes to Editors

 

About Mode:

Mode is an LSE-listed fintech company on a mission to build the world's most
disruptive ecosystem where exchanging value and growing wealth is seamless for
all. Mode is leveraging the power of Bitcoin and Open Banking to deliver on
this mission and offer customers in the UK a one-stop app to shop, earn and
grow their Bitcoin, all in one place. For businesses, Mode provides a cheaper,
safer and smarter alternative to card payments that rewards shoppers with
Bitcoin Cashback.

 

To learn more, visit our customer/business site at www.modeapp.com or our
investor site at www.modeplc.com (http://www.modeplc.com) .

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Rita Liu
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, UK emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Mode Global Holdings Plc
 b)  LEI                                                          2138001BLO7EORII7E91
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01
 b)  Nature of the transaction                                    Subscription of £20,000 of loan notes convertible into ordinary shares of
                                                                  £0.01 par each in the capital of the Company
 c)  Price(s) and volume(s)                                       N/A
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01

 b)  Nature of the transaction                                    Grant of warrants with rights to subscribe for ordinary shares of £0.01 par
                                                                  each in the capital of the Company
 c)  Price(s) and volume(s)                                       Price: 20p exercise price

                                                                  Volume: 20,000 warrant shares
 d)  Aggregated information

     - Aggregated volume                                          Volume: 20,000 warrant shares

     - Price                                                      Price: 20p exercise price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Shrier
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, UK emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Mode Global Holdings Plc
 b)  LEI                                                          2138001BLO7EORII7E91
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01
 b)  Nature of the transaction                                    Subscription of £25,000 of loan notes convertible into ordinary shares of
                                                                  £0.01 par each in the capital of the Company
 c)  Price(s) and volume(s)                                       N/A
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01

 b)  Nature of the transaction                                    Grant of warrants with rights to subscribe for ordinary shares of £0.01 par
                                                                  each in the capital of the Company
 c)  Price(s) and volume(s)                                       Price: 20p exercise price

                                                                  Volume: 25,000 warrant shares
 d)  Aggregated information

     - Aggregated volume                                          Volume: 25,000 warrant shares

     - Price                                                      Price: 20p exercise price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Michael Robertson
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, UK emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Mode Global Holdings Plc
 b)  LEI                                                          2138001BLO7EORII7E91
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01
 b)  Nature of the transaction                                    Subscription of £20,000 of loan notes convertible into ordinary shares of
                                                                  £0.01 par each in the capital of the Company
 c)  Price(s) and volume(s)                                       N/A
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 par each in the capital of the Company

     Identification code                                          GB00BKX8NT01

 b)  Nature of the transaction                                    Grant of warrants with rights to subscribe for ordinary shares of £0.01 par
                                                                  each in the capital of the Company
 c)  Price(s) and volume(s)                                       Price: 20p exercise price.

                                                                  Volume: 20,000 warrant shares
 d)  Aggregated information

     - Aggregated volume                                          Volume: 20,000 warrant shares

     - Price                                                      Price: 20p exercise price
 e)  Date of the transaction                                      13 July 2022
 f)  Place of the transaction                                     Outside a trading venue

 

 

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