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IN BRIEF: Immedia disposes of subsidiary, becomes cash shell

Mon, 09th May 2022 21:32

Immedia Group PLC - AIM-listed supplier of multi-media content and digital solutions - Formally completes disposal of wholly-owned subsidiary Immedia Broadcast Ltd after resolutions approved at general meeting. Shareholders vote to approve resolution to become cash shell, and change name to Immediate Acquisition PLC.

Current stock price: 20.73 pence

12-month change: down 17%

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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