Convertible Loan Facility Drawdown

RNS Number : 0117M
Insig AI Plc
09 January 2023
 

9 January 2023 

 

Insig AI plc

("Insig AI" or the "Company")

Convertible Loan Facility Drawdown

Insig AI plc (AIM: INSG), the data science and machine learning group, announces that a third tranche of £290,000 was drawn down on the convertible loan facility agreement provided by Richard Bernstein as announced on 12 September 2022 (the "Loan Agreement"). The first and second tranches were drawn down on 10 October and 26 October 2022 respectively and after this third tranche, an amount of £100,000 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 Phillips

 

+44 (0) 20 3829 5000

 


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCDXGDBUDGDGXR

Companies

Insig AI (INSG)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today