IMJ Imjack

 

TIDMIMJ 
 
RNS Number : 8506V 
imJack PLC 
09 November 2010 
 

IMJACK PLC 
 
                                ('the Company') 
 
                                Update on Funding 
 
 
 
The Company announces that Debra Morris has made a loan to the Company of 
GBP50,000 (the "Loan") to support the immediate working capital needs of the 
Company. The Loan is subject to an annual interest rate of the Bank of England 
base rate plus 3%. The Loan will be secured on the Company's unencumbered assets 
including the Company's intellectual property. The Company's Independent 
Director considers, having consulted with the Company's nominated adviser, 
Daniel Stewart, that the terms of the Loan are fair and reasonable so far as the 
Company's shareholders are concerned. 
 
 
For further information please contact: 
 
+-----------------------------------------+-------------------+ 
| imJack Plc                              | Tel. 01653 618016 | 
| Michael Abrahams Chairman               |                   | 
|                                         |                   | 
+-----------------------------------------+-------------------+ 
| Daniel Stewart & Company plc            | Tel. 020 7776     | 
| Emma Earl/Paul Shackleton               | 6550              | 
|                                         |                   | 
+-----------------------------------------+-------------------+ 
| Rawlings Financial PR Ltd               | Tel. 01653 618016 | 
| Catriona Valentine                      |                   | 
+-----------------------------------------+-------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCFMMGMRLZGGZG 
 

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