Imaginatik PLC Warrant Exercise (7318F)
November 13 2015 - 9:35AM
UK Regulatory
TIDMIMTK
RNS Number : 7318F
Imaginatik PLC
13 November 2015
Imaginatik Plc
("Imaginatik" or "the Company")
Warrant Exercise
Imaginatik plc (AIM: IMTK.L), the world's first full service
innovation provider offering a range of consultancy and technology
products, announces that it has issued 413,491 new ordinary shares
of 1 pence each in the share capital of the Company ("Ordinary
Shares") following the exercise by Daniel Stewart Securities plc of
its warrant over new shares in the Company granted to Daniel
Stewart Securities plc at the time of the Company's subscription on
14 May 2015. The warrants have an exercise price of 2.7 pence per
share, the same price as the Company's subscription price. As a
result of the warrant exercise, the Company will receive cash
proceeds on exercise of GBP11,164. There are no further outstanding
warrants in issue.
The total number of Ordinary Shares following Admission will be
85,111,585. Accordingly the figure of 85,111,585 may be used by
shareholders 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.
Application has been made for the new Ordinary Shares to be
admitted to AIM, with trading expected to commence on 19 November
2015 ("Admission"). Upon Admission, the shares will rank pari passu
in all respects with the existing Ordinary Shares of the
Company.
For further information please contact:
Imaginatik plc Tel: 01329
243 243
Matt Cooper Non-Executive Chairman
Ralph Welborn, CEO
Shawn Taylor, CFO
Tel: 020
finnCap Ltd 7220 0500
Jonny Franklin-Adams/Giles Rolls
Tel: 020
Daniel Stewart & Company 7776 6550
Martin Lampshire/David Coffman
Tel: 020
Alma PR 7796 9085
Hilary Buchanan
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, 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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