Insig AI Plc Convertible Loan Facility Agreement and drawdown (5577C)

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RNS Number : 5577C

Insig AI Plc

12 October 2022

12 October 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 10 October 2022 a first tranche of GBP100,000 was drawn down on the convertible loan facility agreement provided by Richard Bernstein as announced on 12 September 2022 (the "Loan Agreement"). After this first tranche, an amount of GBP650,000 remains available to be drawn down under the Loan Agreement.

For further information, please visit www.insg.ai or contact:

 
 Insig AI plc                                                     Via SEC Newgate 
  Colm McVeigh (CEO) 
 Zeus (Nominated Adviser & Broker) 
  David Foreman / James Hornigold / 
  Danny Philips                                      [phone] 
 SEC Newgate (Financial PR)                          [phone] 
  Robin Tozer / Richard Bicknell / Max                [e-mail] 
  Richardson 
 

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October 12, 2022 02:00 ET (06:00 GMT)