What does CULS stand for?

The cost of the capital re-organisation, convertible unsecured loan stock amendments and changes to the articles of association of [pounds sterling]42,000 were included in these costs.

His plan is to offer shareholders a slice of convertible unsecured loan stock which would be quoted on the Alternative Investment Market, rather than cash.

The deal is to be part-funded with a two-for-seven rights issue of convertible unsecured loan stock to raise [pounds sterling]321m.

Furthermore, the Company's outstanding Convertible Unsecured Loan Stock was converted into ordinary shares.

5 September 2008 RETEC DIGITAL PLC ("Retec" or "the Company") Creation of [pounds sterling]650,000 Convertible Unsecured Loan Stock to Initially Raise [pounds sterling]450,000 Retec, the multi-channel marketing services company and one of the UK's largest provider of guided selling solutions which counts Tesco, Asda and Sainsbury's amongst its clients, is pleased to announce that the Company has created [pounds sterling] 650,000 nominal value Convertible Unsecured Loan Stock (the "Transaction").

Of course this also means that the claim of the Convertible Unsecured Loan Stock at the end of this financial year is entirely covered by the total assets less current liabilities.

In the announcement dated 24 January 2008, the Company announced its intention to raise up to [pounds sterling]400,000 with the issue of a convertible unsecured loan stock which would enable it to acquire Web TV Enterprise Limited.

Embargoed Release: 14:00hrs GMT Friday 30th April 2004 Sopheon plc ("Sopheon" ) Additional Listings Sopheon announces that it has issued 136,006 shares of 5p each in connection with the exercise of conversion rights in respect of [pounds sterling]16,321 nominal value of the 6% Convertible Unsecured Loan Stock 2005 and 192,320 shares of 5p each following the exercise of share options by former employees.