Trafalgar New Homes (GB:TRAF) has released an update.
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Trafalgar Property Group has announced the conversion of £99,550 worth of convertible loan notes into 226,250,000 new ordinary shares, resulting in Christopher Johnson holding a 27.85% stake in the company. These new shares will soon be admitted for trading on the AIM market, increasing the company’s total share capital to 879,352,371 ordinary shares.
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