Imaginatik said at the start of February it had decided to conduct a review of various strategic options, one of which being a possible sale of the company, as it did not believe its
It was mindful, it said at the time, shareholder value could be maximised by a sale of the company to a bigger organisation.
Imaginatik is now in "detailed" discussions with "certain parties" over a sale, and it hopes to make an announcement on the outcome of talks by the end of May.
Shares were down 3.1% on Wednesday at a price of
