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USG Ultimate Sports Group Plc

27.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
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

Insig AI Plc Convertible Loan Facility Agreement drawdown (6788T)

26/07/2022 7:00am

UK Regulatory


Ultimate Sports (LSE:USG)
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TIDMINSG

RNS Number : 6788T

Insig AI Plc

26 July 2022

26 July 2022

Insig AI plc

("Insig AI" or the "Company")

Convertible Loan Facility Agreement drawdown

Insig AI plc (AIM: INSG), the data science and machine learning group, announces that on 25 July 2022 a further GBP350,000 was drawn down on the convertible loan facility agreements with Richard Bernstein and David Kyte, as announced on 4 May and 17 June 2022, respectively.

As previously announced the cash drawn down will be in tranches as required by the Company. On 25 July 2022, a third tranche of GBP233,334 was drawn down on the convertible loan facility provided by Richard Bernstein, meaning a total of GBP633,334 has now been drawn down under the facility agreement of GBP1.0 million. A second tranche of GBP116,666 was also drawn down on the same day, on the convertible loan facility provided by David Kyte, meaning a total of GBP316,666 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 (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

MSCBRGDRRBDDGDU

(END) Dow Jones Newswires

July 26, 2022 02:00 ET (06:00 GMT)

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