REG - Insig AI Plc - Convertible Loan Facility drawdown

Insig AiAnnouncement

26/10/2022 07:00

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RNS Number : 0963E  Insig AI Plc  26 October 2022

26 October 2022

 

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 second tranche of £260,000 has been drawn down on the
convertible loan facility agreement provided by Richard Bernstein as announced
on 12 September 2022 (the "Loan Agreement"). After this tranche, an amount of
£390,000 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 Phillips

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

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

 

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