Trading Suspended with Reverse Takeover by Sprift in Works
The London Stock Exchange has suspended trading in Immedia Group plc from the Alternative Investment Market (AIM:IME) with the announcement of an agreement for the reverse takeover of Immedia by Sprift Technologies Limited.
In preparation for the reverse takeover, Immedia has entered into a £900,000 loan agreement with Sprift, and announced the intended issue of £35,000,000 worth of new shares.