News

SPDG Technologies CEO converts loans to equity and forgives past debts

25 May 2006

The board of SPDG Technologies plc are pleased to announce that it’s Chief Executive Officer (CEO) Mr Michael Cunningham and his family-owned private company, The Coach House Group, have agreed to convert £1,000,000 of loans to equity at a strike price of £0.1936 per share. In addition they will forgive loans of £507,000.

The Company believes this to be a significant vote of confidence by the CEO for the future of the Company.

 

News

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Warning !

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SPDG Technologies CEO converts loans to equity and forgives past debts

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New Director joins the Board of SPDG Technologies Plc

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