Imaginatik PLC Update on sales process and funding (4376P)
May 29 2018 - 1:01AM
UK Regulatory
TIDMIMTK
RNS Number : 4376P
Imaginatik PLC
29 May 2018
29 May 2018
Imaginatik plc
("Imaginatik" or "the Company")
Update on funding and formal sale process
Imaginatik plc (AIM: IMTK.L), the innovation company, today
provides an update on its funding requirements.
Further to the Company's trading statement on 1 May 2018, the
Company confirms that it is now exploring short term additional
funding in order to successfully progress the ongoing formal sale
process. As previously announced, the Board is aiming to announce
the outcome of the process by the end of May.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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/Max Bullen-Smith, corporate
finance
Camille Gochez, corporate broking
Alma PR Tel: 020 8004 4218
Caroline Forde
Robyn Fisher
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 Exxon Mobil, Altria, Shell,
Goodyear, the Yorkshire Building Society, Caterpillar, AECOM,
Novartis 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. In 2016 Forrester Research found that
"Imaginatik has the most comprehensive innovation management
solution," providing excellent industry recognition of Imaginatik's
full-service innovation offering, combining both technology and
consultancy services.
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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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