Grand Vision Media Holdings plc (LSE:GVMH) announced that it has received £670,000 in funding on July 19, 2019. The company will issue zero coupon redeemable and convertible loan notes in the transaction. The notes are convertible into ordinary shares at a price of £0.15 per share. For every four shares received by way of conversion of the notes, the holders of notes will be given one warrant. The company will issue warrants to purchase one common share at an exercise price of £0.15 per share for a period of 2 years from the date of closing.