Imaginatik PLC Issue of Equity/Director's Dealing (1623V)
October 24 2014 - 2:00AM
UK Regulatory
TIDMIMTK
RNS Number : 1623V
Imaginatik PLC
24 October 2014
Imaginatik Plc
("Imaginatik" or the "Company")
Issue of Equity/ Director's Dealing
Imaginatik plc (AIM: IMTK.L), the world's first full service
innovation provider offering a range of technology products and
consultancy, is pleased to announce that Simon Charles,
non-executive director, has subscribed for 1,339,285 ordinary
shares of 5 pence each in the capital of the Company ("Ordinary
Shares") at a price of 5.6 pence per Ordinary Share
("Subscription").
The Subscription is pursuant to an irrevocable commitment
entered into by Mr Charles at the time of the placing of and
subscription for new shares in the Company as announced on 25 April
2014. Subsequently, the Company has undergone a 1 for 80 share
consolidation hence the price of the Subscription has been adjusted
accordingly.
Accordingly, 1,339,285 new Ordinary Shares have been allotted
and application has been made for the new Ordinary Shares to be
admitted to trading on AIM ("Admission"). Admission is expected to
occur at 8.00 a.m. on 29 October 2014. The new Ordinary Shares will
rank pari passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission
will be 63,084,290. The Company does not hold any shares in
treasury. Accordingly, the figure of 63,084,290 may be used by
shareholders as the denominator for the calculations by which they
will determine their interest in the Company under the FCA's
Disclosure and Transparency Rules.
Following the Subscription and Admission, Mr Charles will hold
2,083,182 Ordinary Shares, representing 3.3 per cent. of the
enlarged share capital.
For further information please contact:
Imaginatik plc
Tel: 01329 243243
Matt Cooper, Executive Chairman / Shawn Taylor, CFO
finnCap
Tel: 0207 220 0500
Charlotte Stranner/ Victoria Bates
Newgate Threadneedle
Tel: 020 7653 9850
Caroline Forde / Hilary Millar
About Imaginatik
Imaginatik(R) is the world's first full-service innovation
provider. We have 16 years of experience building innovation into a
sustainable competence at some of the world's largest and most
respected companies. Through a mix of consulting and advisory,
hands-on innovation projects and program management, and our
award-winning enterprise software platform, we help clients develop
innovation capability into a permanent competitive advantage.
Imaginatik is the trusted partner of leading organisations
including Blue Cross Blue Shield, CSC, Cargill, The World Bank,
Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Dow
Chemical and Goodyear.
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
IOEPGGMWUUPCGCW
Abal (LSE:ABAL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Abal (LSE:ABAL)
Historical Stock Chart
From Jul 2023 to Jul 2024