13th Jun 2014 07:00
SPARK Ventures plc
("SPARK" or the "Company")
IMIMobile: Intention to Float
SPARK notes the announcement made today by IMIMobile Limited ("IMI") setting out its intention to seek admission of its shares to trading on AIM. IMI represents SPARK's largest current investment and the Company currently owns 27 per cent. of the issued share capital of IMI which was valued at £14.8 million on 30 September 2013.
SPARK intends to realise a proportion of its investment as part of IMI's admission process. Further updates will be provided in due course.
For further information, please contact:
SPARK Ventures plc
| Andrew Betton / David Potter
| 020 7851 7777 |
finnCap Ltd
| Matt Goode / Christopher Raggett
| 020 7220 0500 |
Related Shares:
GHS.L