Imaginatik PLC Transaction in Own Shares/Director's Dealing (3890P)
October 01 2013 - 5:03AM
UK Regulatory
TIDMIMTK
RNS Number : 3890P
Imaginatik PLC
01 October 2013
Imaginatik plc
("Imaginatik" or the "Company")
Transaction in Own Shares/ Director's Dealing
Imaginatik plc (AIM: IMTK), the world's first full service
innovation provider offering a range of technology products and
consultancy, announces that on 30 September 2013, the Company sold
54,053,815 ordinary shares of 0.0625 pence in the share capital of
Imaginatik ("Ordinary Shares") and Matt Cooper sold 10,385,998
Ordinary Shares, both at a price of 0.07 pence per Ordinary Share
(together, "the Sale Shares").
The Sale Shares were held on trust by Simon Charles, Non
Executive Director, for the benefit of the Company and Mr Cooper as
a result of full and final settlement for the costs and damages
owed by Mark Turrell (the former CEO of Imaginatik) to the Company
and Mr Cooper, as announced on 2 October 2012.
Following these transactions, Simon Charles no longer holds any
Ordinary Shares on trust for either the Company or Mr Cooper. Mr
Cooper now holds 160,131,615 Ordinary Shares, representing
approximately 5.5 per cent. of the issued share capital of
Imaginatik. The Company no longer holds any Ordinary Shares.
For further information please contact:
Imaginatik plc Tel: 01329 243243
Matt Cooper, Executive Chairman / Shawn
Taylor, CFO
finnCap Ltd Tel: 020 7220
0500
Charlotte Stranner/ Victoria Bates
Newgate Threadneedle Tel: 020 7653
9850
Caroline Evans-Jones / Hilary Millar
About Imaginatik
Imaginatik provides a range of Innovation solutions comprised of
consultancy, enterprise software and program management to deliver
innovation results to companies such as The World Bank, The Chubb
Group of Insurance Companies, State Farm, Exxon Mobil, Pfizer,
Goodyear, the Yorkshire Building Society, Pitney Bowes and Cargill.
Few companies possess the internal capability to consistently
generate fresh ideas, identify those worth pursuing and reliably
transform them into real, value-enhancing assets. Imaginatik's
mission is to help these companies build sustainable innovation
competencies.
Imaginatik is a public company whose shares are traded on the
AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World
Economic Forum Technology Pioneer with offices in Boston, MA, and
Fareham, UK. For more information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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