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IMIMobile: Intention to Float

13 Jun 2014 07:00

RNS Number : 5241J
Spark Ventures PLC
13 June 2014
 

SPARK Ventures plc

("SPARK" or the "Company")

IMIMobile: Intention to Float

SPARK notes the announcement made today by IMIMobile Limited ("IMI") setting out its intention to seek admission of its shares to trading on AIM. IMI represents SPARK's largest current investment and the Company currently owns 27 per cent. of the issued share capital of IMI which was valued at £14.8 million on 30 September 2013.

SPARK intends to realise a proportion of its investment as part of IMI's admission process. Further updates will be provided in due course.

 For further information, please contact:

 SPARK Ventures plc

 

Andrew Betton / David Potter

 

020 7851 7777

finnCap Ltd

 

Matt Goode / Christopher Raggett

 

020 7220 0500

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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