REG - Insig AI Plc - Convertible Loan Facility Drawdown

Insig AiAnnouncement

09/01/2023 07:00

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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 (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

 

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