NICL is pleased to announce the successful conversion of its Future Fund convertible loan, resulting in the British Business Bank becoming an equity partner in the business through the Future Fund programme.
The conversion follows a recent investment round completed by the Company and represents an important milestone in NICL’s continued growth and development.
The Future Fund was established to support innovative and growth-focused businesses across the UK. NICL is proud to have participated in the programme and to now welcome the British Business Bank onto its shareholder register.
Alongside the conversion, NICL also secured additional investment from SustainIntel Limited, reflecting continued confidence in the Company’s long-term strategy and outlook.
NICL would like to thank its legal advisor Field Fisher, as well as its investors and stakeholders, for their continued support throughout the process and looks forward to the next phase of growth.