Settlement Convertible Notes
Settlement Convertible Notes
Sydney, Dec 3, 2018 AEST (ABN Newswire) - YPB Group Ltd (ASX:YPB) is pleased to advise that, further to the passing of Resolution 7 atthe Extraordinary General Meeting held 30 October 2018, the convertible notes summing to an aggregate face value of $1.5m, have been settled and the associated funds net of costs have been receipted by the Company.

The Company thanks and welcomes the new strategic funding providers that, in addition to their investment through the convertible notes, are facilitating and supporting the tokenlisting that has been set to progress pending the settlement of the notes.

The Company is excited to be moving ahead with its plans and will provide an update on the token listing and timing shortly.


About YPB Group Ltd

YPB Group Ltd (ASX:YPB) lives by three words - certainty of authenticity. We deliver on this through our experience in creating revolutionary, patented brand protection and customer engagement solutions. Solutions that detect and prove certainty of authenticity and connect brands directly to their customers, empowering them to engage one-on-one.

In an evolving marketplace and with the rapid growth of cross border commerce, our expertise presently focuses on the rapidly growing markets of Australia, South East Asia and China.

     


Contact

Mr. John Houston
Executive Chairman
YPB Group Limited
T: +61-458-701-088
E: john.houston@ypbsystems.com

Mr. Gerard Eakin
Director
YPB Group Limited
T: +61-427-011-596
E: eakin@manifestcapital.com
W: www.ypbsystems.com



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