Convertible Loan Facility drawdown
26 September 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 further £310,000 has been drawn down on the convertible loan facility agreements with Richard Bernstein and David Kyte as announced on 4 May and 17 June 2022 respectively (together the "First Convertible Loan Facilities"). This drawdown of £310,000 fully utilises the amounts available under the First Convertible Loan Facilities.
The convertible loan facility provided by Richard Bernstein of £0.75m as announced on 12 September 2022 remains in place and undrawn.
For further information, please visit www.insg.ai or contact:
Insig AI plc Colm McVeigh (CEO) | Via SEC Newgate
|
Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold / Danny Philips
| +44 (0) 20 3829 5000 |
SEC Newgate (Financial PR) Robin Tozer | +44 (0) 7540 106 366 |
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.