Trading Suspended with Reverse Takeover by Sprift in Works
![Trading Suspended with Reverse Takeover by Sprift in Works](https://usercontent.one/wp/www.tobywilde.com/wp-content/uploads/2021/05/Untitled-design-12-e1621706620384.png)
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.