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New Finance Agreement

26th Jul 2018 07:00

RNS Number : 7984V
Imaginatik PLC
26 July 2018
 

 

Imaginatik PLC

("Imaginatik" or the "Company")

New Finance Agreement

 

 

Imaginatik plc (AIM: IMTK.L), the #1 ranked leader in corporate innovation management according to Forrester Research, is pleased to confirm that further to the announcement on 25 July 2018 it has signed an agreement for a £500,000 loan with VM AV Corporate Services Limited (an investment vehicle of Vin Murria).

 

Vin Murria continues to be in discussions to make a controlling equity investment (the "Equity Investment") at a price of between 2.5 pence and 5 pence per Ordinary Share in the Company conditional on the Takeover Panel waiving the obligation for her to make a general offer for the Company under Rule 9 of the Takeover Code.

 

A further announcement will be made at the appropriate time.

 

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014

 

 

For further information, please contact:

 

Imaginatik plc

Tel: 01329 243 243

Angus Forrest, CEO

Shawn Taylor, CFO

 

finnCap Ltd - Nomad and broker

Tel: 020 7220 0500

Jonny Franklin-Adams/Max Bullen-Smith, corporate finance

Camille Gochez, corporate broking

 

Peterhouse Capital Limited - Joint broker

Tel: 020 7220 9797

Duncan Vasey / Lucy Williams

 

Alma PR

Tel: 020 8004 4218

Caroline Forde / Robyn Fisher

 

About Imaginatik

 

Imaginatik is the only innovation solution provider which has combined a proven innovation program with purpose-built idea management software to enable companies to achieve breakthrough and continuous innovation at scale. Imaginatik works with leading global enterprises to build and integrate innovation management skills as a core competency. Customers include ExxonMobil, Altria, Shell, Goodyear, AECOM, Caterpillar, Novartis and Cargill.

 

Imaginatik is a public company traded on the AIM market of the London Stock Exchange (LSE: IMTK.L) with offices in Boston, MA, USA and Fareham, U.K.

 

For more information visit www.imaginatik.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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