17th May 2016 09:58
LONDON (Alliance News) - Imaginatik PLC Tuesday confirmed it is "considering" raising money from the equity market in order to raise working capital and expansion activities, but shareholders will have to wait for a further update to discover the company's final decision.
"A final decision has not been made and there can be no certainty an equity offer will take place. A further announcement will be made in due course," said the software company, stating it was releasing the statement following recent media speculation.
Imaginatik shares were down 3.0% to 4.0 pence per share on Tuesday morning.
By Joshua Warner; [email protected]; @JoshAlliance
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