IMIMobile: Intention to Float

RNS Number : 5241J

Spark Ventures PLC

13 June 2014

 

SPARK Ventures plc

("SPARK" or the "Company")

IMIMobile: Intention to Float

SPARK notes the announcement made today by IMIMobile Limited ("IMI") setting out its intention to seek admission of its shares to trading on AIM. IMI represents SPARK's largest current investment and the Company currently owns 27 per cent. of the issued share capital of IMI which was valued at £14.8 million on 30 September 2013.

SPARK intends to realise a proportion of its investment as part of IMI's admission process. Further updates will be provided in due course.

 For further information, please contact:

SPARK Ventures plc	Andrew Betton /  David Potter	020 7851 7777
finnCap Ltd	Matt Goode / Christopher Raggett	020 7220 0500

 

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