Jarvis _ Out look 2004

r33skyline, it appears no one wanted to answer your question. It simply means what it says. Debt for equity, meaning some or all of a company’s debt in exchange for new shares in the company.

Now it does not mean you get or receive 10 new shares, since it can happen at any price in practice, e.g. 60p 80p 90p or £1.40 in Jarvis’s case.

In Jarvis’s case it is expected to take place, if at all some 18 months from now. Giving you enough time to read about it. But then again she may have been completely acquired by then.

Hope the above helps.