Statement re. Press Comment
March 15 2010 - 3:00AM
UK Regulatory
TIDMIMAC
RNS Number : 5480I
Ingenious Media Active Capital Ltd
15 March 2010
15 March 2010
Ingenious Media Active Capital Limited (AIM: IMAC)
("IMAC" or the "Company")
Weekend press comment
The board of directors of IMAC (the "Board") notes the weekend press report
regarding the Company and confirms that the Board is currently conducting a
review of the Company's strategy in respect of its potential surplus cash
position and its investment policy. The Board would also like to emphasise that
the Company remains fully committed to its investment portfolio, the media
sector and also returning maximum value to the Company's shareholders.
As part of the strategic review, the Board is working closely with its
investment manager and advisers in assessing the Company's structure and
investment strategy.
The Board will provide a further update in due course.
For further information, please visit www.imaclimited.com or contact:
Ingenious Ventures, a trading division of the investment manager to
IMAC
Patrick McKenna / Patrick Bradley
020 7319 4000
Canaccord
Adams Limited (Nomad to IMAC)
Mark Williams
020 7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
SPCZMGMFVDLGGZM
Ingenious Media Active Capital (LSE:IMAC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Ingenious Media Active Capital (LSE:IMAC)
Historical Stock Chart
From Aug 2023 to Aug 2024