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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ingenious Med | LSE:IMAC | London | Ordinary Share | GB00B0YBXT88 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.625 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMIMAC
RNS Number : 2115K
Ingenious Media Active Capital Ltd
23 June 2014
For immediate release
23 June 2014
Ingenious Media Active Capital Ltd
("IMAC" or the "Company")
Corporate Update
The Manager of IMAC is continuing to seek exits for the remaining companies in IMAC's portfolio in a timely manner. Following completion of the sale of its portfolio companies, the Board intends to wind-up the Company and distribute the remaining cash to shareholders. The Board currently anticipates that it should be in a position to put forward detailed proposals to shareholders at this year's Annual General Meeting which is expected to be held in August. Discussions are at an advanced stage for the sale of the Company's interest in brandRapport Group Limited to its management team. The Board currently expects that the consideration in respect of brandRapport will not be material, reflecting the current non-renewal of certain of brandRapport's customer contracts.
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)
Justin Griffiths & Carmen Murray
Tel: 020 7549 0999 / ingenious@powerscourt-group.com
A copy of this announcement is available on the Company's website at www.imaclimited.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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