Iconic Labs draws line under dispute with EHGOF

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Iconic Labs PLC (LON:ICON) said it following the fulfilment of the conditions agreed in a settlement between the two, European High Growth Opportunities Securitization Fund  (EHGOF) has withdrawn its claims against the company.

EHGOF has also indicated its willingness to enter into discussions regarding a finance facility of up to £50mln to support the company’s growth plans, said the statement.

Brad Taylor, Iconic Labs’ chief executive and whose appointment was one of the conditions, said:  “We are excited about our ambitious acquisition and growth plans and look forward to discussing these plans further with EHGOF.” 

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