Imaginatik PLC Capital Market Strategy Update (4666C)
April 16 2013 - 6:20AM
UK Regulatory
TIDMIMTK
RNS Number : 4666C
Imaginatik PLC
16 April 2013
16 April 2013
Imaginatik Plc
("Imaginatik" or the "Company")
Capital Market Strategy Update
Imaginatik plc (AIM: IMTK.L), the world's first full service
innovation provider offering a range of technology products and
consultancy, today announces an update to the statement made on 7
February 2013.
The Company has completed discussions with all of its main
institutional investors and has concluded that given the strong
support for the Company the best option for Imaginatik and all its
shareholders is to remain on AIM.
The Board is currently in advanced discussions with
institutional investors regarding the future funding arrangements
of the Company.
Matt Cooper, Executive Chairman of Imaginatik, commented: "While
a return to revenue growth has not been as swift as we would have
liked, we have secured a record number of new customers in the last
financial year and continue to firmly believe in the long-term
prospects for Imaginatik. We have been greatly encouraged by the
considerable support shown by our major institutional shareholders
with regards to the Company's strategy of transitioning from pure
product sales to a model of consultancy-led sales and are
optimistic of a successful future as an AIM listed company."
For further information please contact:
Imaginatik plc Tel: 020 7917
2975
Matt Cooper, Executive Chairman / Shawn
Taylor, CFO
Northland Capital Partners Limited Tel: 020 7796
8800
Edward Hutton / William Vandyk
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, Paccar 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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