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 insigai@secnewgate.co.uk |
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