REG - Insig AI Plc - Convertible Loan Facility Agreement and drawdown

Insig AiAnnouncement

12/10/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221012:nRSL5577Ca&default-theme=true

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 (http://www.insg.ai) or
contact:

 Insig AI plc                                                        Via SEC Newgate

 Colm McVeigh (CEO)
 Zeus (Nominated Adviser & Broker)                     +44 (0) 20 3829 5000

 David Foreman / James Hornigold / Danny Philips

 SEC Newgate (Financial PR)                            +44 (0) 7540 106 366

 Robin Tozer / Richard Bicknell / Max Richardson       insigai@secnewgate.co.uk

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUAOKRUBURAAA