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Imaginatik proposes fundraising to strengthen balance sheet

Wed, 25th May 2016 17:18

(ShareCast News) - Imaginatik shares fell on Wednesday after the software company proposed a £2.1m fundraising to boost its balance sheet.The group will raise the funds by placing 63,263,520 new ordinary shares worth £1.6m and an open offer of up to 21,277,896 new ordinary shares worth £0.53m.The company said the proceeds will be used to strengthen the balance sheet and fund business development investment costs."These funds will enable Imaginatik to capitalise on the growth achieved in the last financial year and the underlying progress within the business," said chairman Matt Cooper.Shares closed down 8.33% to 2.75p.
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27 Nov 2013 07:57

AIM IN BRIEF: Albemarle & Bond Sees No Signs Of Recovery

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24 Oct 2013 12:01

Imaginatik rises on deal with Canadian bank

Shares in consultancy and business software provider Imaginatik rose a third after it won a deal with an unidentified Canadian banking and financial services corporation. The stock was among the highest AIM risers with a 0.03p, or 33%, climb to 0.10p by 11.53 in London as it announced the three-yea

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24 Oct 2013 11:10

UK WINNERS & LOSERS: Aberdeen Asset Jumps As Director Dealings Hit ASOS, Sports Direct

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24 Oct 2013 10:13

UPDATE: Imaginatik Sign Enterprise Innovation Deal With Canadian Financial Institution

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24 Oct 2013 10:10

Imaginatik Sign Enterprise Innovation Deal With Canadian Financial Institution

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1 Oct 2013 11:11

DIRECTOR DEALINGS: Imaginatik Executive Chairman, Company Sell 64.5 Million Shares

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23 Sep 2013 16:22

MARKET COMMENT: UK Stock Indices Close Down For A Second Day

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23 Sep 2013 12:12

UK WINNERS & LOSERS: Ariana Resources Stands Out From Weak Gold Miners

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26 Apr 2013 11:36

Imaginatik places over two billion shares to provide working capital

Imaginatik shares plunged over 40 per cent on Friday after the technology company announced plans to place just over two billion ordinary shares with both new and existing investors at 0.0625p each. The placing is expected to raise £1.26m before expenses, which will be used to provide additional w

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26 Apr 2013 08:13

STOCKS NEWS EUROPE-UK small caps dip 0.1 pct, outperform blue-chips

The FTSE Small Caps Index is down by 0.1 percent in early session trading, slightly outperforming a bigger 0.2 percent fall on the blue-chip FTSE 100 index and a 0.4 percent fall on the mid-cap FTSE 250 index. New World Oil & Gas Plc falls 28.1 percent after having to abandon its Rio Bravo

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29 Feb 2012 14:19

Small caps round-up: Imaginatik, Braveheart, Healthcare Locums...

Imaginatik has signed a new annual contract with a leading provider of healthcare services and medical research in the US. The contract has an initial start-up phase worth $0.12m in the current calendar year, followed by an ongoing annual contract worth $0.15m a year, with Imaginatik supplying it

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13 Feb 2012 16:13

Homeserve non-exec buys shares for £44,255

Stella David, a non-executive director of Homeserve, the emergency repair group, has stocked up on shares in the firm with a £44,255 purchase. David, who joined the board in November 2010, bought 17,688 at 250.20p each, less than a week after the firm announced 200 job cuts. Despite the cuts, th

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23 Jan 2012 09:22

Small caps round-up: Ceres, Ceramic Fuel, Antrim ...

The bombed-out shares of Ceres Power showed signs of life on Monday morning after the company announced significant improvements in the durability of its core fuel cell module technology. Meanwhile, the long term test programe of its combined heat and power (CHP) engineering technology remains on s

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3 Jan 2012 07:09

Imaginatik names Goss CTO

Management software group Imaginatik today announced the appointment of Nick Goss as chief technology officer with immediate effect. The group, which provides consultancy and technology products for clients such as World Bank, Pfizer and Kelloggs, said Goss has core business strengths in areas such

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28 Nov 2011 07:47

Imaginatik shrinks losses

Shares of management software group Imaginatik jumped 6% after it more than halved half year pre-tax losses and said it was confident for the second half. The group, whose clients include World Bank, Pfizer and Kellogg, said loss on ordinary activities before taxation reduced to £492,000 in the six

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