TIDMIMAC

RNS Number : 8937O

Ingenious Media Active Capital Ltd

12 August 2014

For immediate release

12 August 2014

Ingenious Media Active Capital Ltd

("IMAC" or the "Company")

Corporate Update

As previously announced on 23 June 2014, the Board intends to wind-up the Company and distribute available cash to shareholders. The Board currently anticipates that it should be in a position to announce detailed proposals in September, to be considered at this year's Annual General Meeting, which is now expected to be held in October. A further announcement will be made in due course.

Enquiries:

IMAC

Patrick McKenna/ Duncan Reid

Tel: 020 7319 4000

Beaumont Cornish Limited (Nominated Adviser and Broker)

Michael Cornish

Tel: 020 7628 3396

Powerscourt Group (PR Adviser)

Carmen Murray & Victoria Palmer-Moore

020 7250 1446 / ingenious@powerscourt-group.com

A copy of this announcement is available on the Company's website at www.imaclimited.com

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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