Ingenious Media Active Capital Limited (AIM: IMAC)
("IMAC" or the "Company")
Weekend press comment
The board of directors of IMAC (the "Board") notes the weekend press report regarding the Company and confirms that the Board is currently conducting a review of the Company's strategy in respect of its potential surplus cash position and its investment policy. The Board would also like to emphasise that the Company remains fully committed to its investment portfolio, the media sector and also returning maximum value to the Company's shareholders.
As part of the strategic review, the Board is working closely with its investment manager and advisers in assessing the Company's structure and investment strategy.
The Board will provide a further update in due course.
For further information, please visit www.imaclimited.com or contact:
Ingenious Ventures, a trading division of the investment manager to IMAC
Patrick McKenna / Patrick Bradley
020 7319 4000
Canaccord Adams Limited (Nomad to IMAC)
020 7050 6500
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