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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ultimate Sports Group Plc | LSE:USG | London | Ordinary Share | GB00BYV31355 | 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% | 27.50 | 27.00 | 28.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMINSG
RNS Number : 4425X
Insig AI Plc
30 August 2022
30 August 2022
Insig AI plc
("Insig AI" or the "Company")
Convertible Loan Facility Agreement and drawdown
Insig AI plc (AIM: INSG), the data science and machine learning group, announces that on 26 August 2022 a further GBP240,000 was drawn down on the convertible loan facility agreements with Richard Bernstein and David Kyte as announced on 4 May and 17 June 2022 and respectively.
As previously announced the cash drawn down will be in tranches as required by the Company. On 26 August 2022, a fourth tranche of GBP160,000 was drawn down on the convertible loan facility provided by Richard Bernstein, meaning a total of GBP793,334 has now been drawn down under that facility agreement of GBP1.0 million. A third tranche of GBP80,000 was also drawn down on the same day, on the convertible loan facility provided by David Kyte, meaning a total of GBP396,666 has now been drawn down under that facility agreement of GBP0.5 million.
For further information, please visit www.insg.ai or contact:
Insig AI plc Via SEC Newgate Colm McVeigh (CEO) Zeus Capital Limited (Nominated Adviser & Broker) David Foreman / James Hornigold / Danny Philips +44 (0) 20 3829 5000 SEC Newgate (Financial PR) +44 (0) 7540 106 366 Robin Tozer / Richard Bicknell insigai@secnewgate.co.uk
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(END) Dow Jones Newswires
August 30, 2022 02:00 ET (06:00 GMT)
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