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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Imjack | LSE:IMJ | London | Ordinary Share | GB00B0NBKL01 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.475 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMIMJ
RNS Number : 4322N
imJack PLC
10 June 2010
imJack plc
("imJack" or "the Company")
Trading update
The Company announced on 20 May 2010 that it had secured approval for all
schools applying for redesignation to be offered the ImJack platform. Each
redesignating school taking ImJack's platform was entitled to matched government
funding through the Specialist Schools and Academies Trust ("SSAT").
The Company has been informed by the SSAT today that the new coalition
government has withdrawn the funding in respect of schools applying for
redesignation funding for the year 2009/2010. This eventuality was entirely
unforeseen by the Company and no indication had been given at any stage by the
SSAT that such funding might be withdrawn.
The Company maintains a strong relationship with the SSAT who are now working
closely with the Company to find alternative sources of funding to replace this
programme and further announcements will be made as appropriate.
For further information, please contact:
imJack Plc
Michael Abrahams, Chairman Tel: 01653 618 016
Daniel Stewart & Company plc
Emma Earl/Simon Leathers Tel: 020 7776 6550
Rawlings Financial PR Limited
Catriona Valentine Tel: 01653 618
016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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