26 Jul 2018 07:00
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.