30 Oct 2007 14:19
30 October 2007 Imperial Innovations Group plc ("Imperial Innovations") ‚£30m Placing
Imperial Innovations Group plc (AIM: IVO), today announces that the Circular in connection with the Placing announced on 26 October 2007 has been posted to Shareholders. A copy of the Circular is available on the Group's website at www.imperialinnovations.co.uk, under Investor Relations, AIM Rule 26.
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For more information contact:
Imperial Innovations Susan Searle, Chief Executive Officer +44 (0)20 7594 6591
Lucy Ahfong, Marketing Communications Executive +44 (0)20 7594 6644
M:Communications Patrick d'Ancona / Eleanor Williamson +44 (0)20 7153 1539 JP Morgan Cazenove (NOMAD to Imperial Innovations) Steve Baldwin +44(0)20 7588 2828 Notes to Editors
About Imperial Innovations Imperial Innovations is one of the UK's leading technology transfer and commercialisation companies. The company was founded in 1986 and its ordinary shares admitted to trading on the AIM Market of London Stock Exchange plc in July 2006, raising ‚£25 million at an offer price of 365p and ‚£1 million by means of a public offer.
The company's integrated approach encompasses the identification of ideas, protection of intellectual property, development and licensing of technology and formation, incubation and investment in technology businesses. A wide range of technologies are commercialised within the areas of healthcare, energy, environment and emerging technology trends.
Based at Imperial College London, the company has established equity holdings in 74 technology businesses and is managing 133 commercial agreements as of 31 July 2007. Imperial Innovations also commercialises technologies originating from outside Imperial College through incubation contracts with the Carbon Trust and WRAP and has commercialisation contracts with a number of multinational corporations including BAE Systems.
www.imperialinnovations.co.uk
IMPERIAL INNOVATIONS GROUP PLC