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

MSCEAESPADSPEAF

(END) Dow Jones Newswires

May 29, 2018 02:01 ET (06:01 GMT)

Abal (LSE:ABAL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Abal Charts.
Abal (LSE:ABAL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Abal Charts.