Immedia Group PLC Cost agreement with Sprift Technologies Ltd (3503F)
15 Julio 2021 - 02:46AM
UK Regulatory
TIDMIME
RNS Number : 3503F
Immedia Group PLC
15 July 2021
15 July 2021
For immediate release
Immedia Group Plc
("Immedia" or "the Company" or "the Group")
Cost agreement with Sprift Technologies Ltd
Immedia ( AIM: IME), a supplier of multi-media content and
digital solutions for leading brands and global businesses
announces that, further to the Company's announcement released
earlier today, the Company has agreed the recovery of costs from
Sprift Technologies Ltd of GBP150,000, which has been added to the
amount owed to Immedia in respect of its secured loan ("Loan"), and
which bears interest and is repayable on the same terms as the
Loan.
Ends
For further information please contact:
Immedia Group Plc Tel: +44 (0) 1635 556200
Tim Hipperson, Non-executive Chairman
Ross Penney, Chief Executive
SPARK Advisory Partners Limited (Nomad) Tel: +44 (0) 203 368 3550
Mark Brady
Neil Baldwin
SP Angel Corporate Finance LLP (Broker) Tel: +44 (0) 207 470 0470
Abigail Wayne
Tooley Street Communications (IR & Tel: +44 (0) 7785 703523
media relations)
Fiona Tooley
About Immedia Group Plc
Immedia Group Plc is a multi-media content and digital solutions
provider to global businesses delivering audio visual communication
services for brands.
The business provides 'live' branded channels to retail
locations across the UK and Europe. Immedia's interactive audio
channels deliver targeted original content via its own
DreamStream-X platform with encrypted Dreamstream technology
deployed in each location. Each channel is supported with powerful
data analytics tools that monitor audience activity and provide
data to enable Immedia to further enhance audience engagement.
In addition, Immedia creates original audio production and video
content as well as 3D animation and the supply, installation and
maintenance of audio visual equipment.
Immedia clients include Shell, Subway, BP, Nationwide Building
Society, JD Sports, Weir, BMW, IKEA, and FIFA.
To read more about the business, visit www.immediaplc.com or
email us on enquiries@immediaplc.com
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END
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July 15, 2021 03:46 ET (07:46 GMT)
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