Imaginatik PLC Result of Open Offer and Total Voting Rights (1130C)
June 24 2016 - 2:00AM
UK Regulatory
TIDMIMTK
RNS Number : 1130C
Imaginatik PLC
24 June 2016
Imaginatik plc
("Imaginatik" or "the Company")
Result of Open Offer and Total Voting Rights
Imaginatik plc (AIM: IMTK.L), the innovation company, is pleased
to announce it has raised gross proceeds of approximately GBP0.09
million pursuant to the Open Offer announced on 25 May 2016.
Highlights:
-- GBP1.7 million raised pursuant to the Placing and Open Offer
following shareholder approval at the General Meeting held on 13
June 2016
-- Applications received for 3,453,492 Open Offer Shares at 2.5 pence per share
Terms defined in the Circular published by the Company on 26 May
2016 shall have the same meaning in this announcement unless the
context requires otherwise.
Admission and Total Voting Rights
The New Ordinary Shares will, when issued, rank pari passu in
all respects with the Existing Ordinary Shares of the Company.
Application has been made for the 3,453,492 New Ordinary Shares to
be admitted to trading on AIM and accordingly dealings are expected
to commence at 8.00am on 27 June 2016. Following Admission, the
total number of voting rights in the Company will be 151,828,597
and Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Imaginatik plc Tel: 01329 243
243
Matt Cooper, Non-Executive
Chairman
Ralph Welborn, CEO
Shawn Taylor, CFO
finnCap Ltd Tel: 020 7220
0500
Jonny Franklin-Adams/Giles
Rolls, corporate finance
Camille Gochez, corporate
broking
Alma PR Tel: 020 8004
4218
Hilary Buchanan
Caroline Forde
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, Exxon Mobil, Altria, Shell, Mayo
Clinic, Goodyear, the Yorkshire Building Society, Caterpillar 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) 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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