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Update on Funding

9 Nov 2010 08:37

RNS Number : 8506V
imJack PLC
09 November 2010
 



IMJACK PLC

 

('the Company')

 

Update on Funding

 

 

 

The Company announces that Debra Morris has made a loan to the Company of £50,000 (the "Loan") to support the immediate working capital needs of the Company. The Loan is subject to an annual interest rate of the Bank of England base rate plus 3%. The Loan will be secured on the Company's unencumbered assets including the Company's intellectual property. The Company's Independent Director considers, having consulted with the Company's nominated adviser, Daniel Stewart, that the terms of the Loan are fair and reasonable so far as the Company's shareholders are concerned.

 

 

For further information please contact:

 

imJack Plc 

Michael Abrahams Chairman

 

Tel. 01653 618016

Daniel Stewart & Company plc

Emma Earl/Paul Shackleton

 

Tel. 020 7776 6550

Rawlings Financial PR Ltd

Catriona Valentine 

Tel. 01653 618016

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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29th Aug 20087:00 amPRNTotal Voting Rights
21st Aug 200811:46 amPRNTrading Statement
28th Jul 20084:40 pmPRNDirector/PDMR Shareholding
30th Jun 20087:00 amPRNHalf-yearly Report
15th May 20089:21 amPRNHolding(s) in Company
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23rd Apr 20083:43 pmPRNIssue of Equity
23rd Apr 200811:07 amPRNResults of meetings and Directorate Change
31st Mar 20087:01 amPRNIssue of Equity
31st Mar 20087:00 amPRNFinal Results
13th Dec 20073:09 pmRNSGovernment's Children's Plan
5th Dec 20079:51 amPRNDirectorate Change
19th Oct 20077:00 amPRNDirectorate Change
13th Aug 200712:32 pmPRNAIM Rule 26
31st Jul 20073:41 pmPRNTotal Voting Rights
19th Jul 20077:00 amPRNDirector/PDMR Shareholding
26th Jun 20077:00 amPRNHalf-yearly Report
24th May 200711:09 amPRNTrading Update
24th May 20079:00 amPRNDirectorate Change
2nd May 20077:00 amPRNDirector/PDMR Shareholding
19th Apr 200711:43 amPRNResult of AGM
11th Apr 20077:00 amPRNReseller Agreement
30th Mar 200711:46 amPRNTotal Voting Rights
20th Mar 20077:00 amPRNRe Agreement
6th Mar 20077:01 amPRNIssue of Equity
6th Mar 20077:00 amPRNFinal Results
5th Feb 20077:00 amPRNDirectorate Change
11th Jan 20077:00 amPRNTrading Statement
29th Dec 20067:00 amPRNDirectorate Change
22nd Dec 200612:03 pmPRNTotal Voting Rights
6th Jul 20067:03 amPRNDirector/PDMR Shareholding
29th Jun 20067:00 amPRNInterim Results
22nd Jun 20067:00 amPRNDirectorate Change
6th Apr 20062:35 pmPRNStatement re Share Price Movement
31st Mar 20061:29 pmPRNDirector/PDMR Shareholding
18th Jan 20061:38 pmPRNDirector/PDMR Shareholding
18th Jan 20067:00 amPRNPlacing & Admission to AIM
12

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