I am hoping the review event being breached was
"• the CEO or independent Chairman of the Company is removed from office and not replaced with a person of appropriate qualifications and approved by the loan note holders within 120 days;"
and even then
"If a Review Event occurs, there is a 60 day good faith negotiation period regarding the terms of the convertible loan note facility, following which, if the Review Event is continuing and agreement cannot be reached on any required amendments, the loan note holders will be entitled to require repayment in full within a further 90 days."
So with a new CEO starting on 14 April why the big panic.
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I am hoping the review event being breached was "• the CEO or...
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