Convertible Loan Facility Agreement and drawdown

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 £100,000 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 £650,000 remains available to be drawn down under the Loan Agreement.

 

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

Insig AI plc

Colm McVeigh (CEO)

  Via SEC Newgate

 

Zeus (Nominated Adviser & Broker)

David Foreman / James Hornigold / Danny Philips

 

+44 (0) 20 3829 5000

SEC Newgate (Financial PR)

Robin Tozer / Richard Bicknell / Max Richardson

+44 (0) 7540 106 366

insigai@secnewgate.co.uk

 

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