Director/PDMR Shareholding

    RNS Number : 3484X
  Imaginatik PLC
  24 June 2008
   

    Imaginatik Plc (the "Company")

    Non-executive Director Letters of Appointment

    24 June 2008

    Under the terms of the non-executive directors' letter of appointment dated 11 December 2006 in respect of Mr Howard Marshall, Mr Paul
Morland and Mr Phil Nutburn (the "Non-Executive Directors"), each Non-Executive Director was paid their fees in new Ordinary shares
("Ordinary Shares") in advance in respect of his initial 12 months of appointment being �30,000, �10,000 (with an additional �15,000 payable
in cash to Arbuthnot Securities Limited) and �25,000, respectively.

    Under the terms of the same letters of appointment, it was agreed that the Non-Executive Directors would receive new Ordinary shares of
0.0625p in the Company in respect of each subsequent six month period following the end of the initial 12 month term to the value of �15,000
in the case of Mr Marshall, �7,500 in the case of Mr Morland and �12,500 in the case of Mr Nutburn. These Ordinary Shares were to be issued
at the average mid market closing price of an Ordinary Share as derived from the London Stock Exchange's Daily Official List for the last
five days of such period and within 20 business days of the expiry of the relevant period.

    Consequently, at an average price of 4.75p being the average price of an Ordinary Share in Imaginatik over the five dealing days prior
to and including 10 June 2008 being 4 June 2008 to 10 June 2008, a total of 736,842 new Ordinary Shares have today been issued. 315,789
Ordinary Shares have been issued to Mr Marshall, 157,895 Ordinary Shares to Mr Morland and 263,158 Ordinary Shares to Mr Nutburn. The
shareholdings of the Non-Executive Directors before, and after, this issue of Ordinary Shares are as follows:

 Non-Executive Director    Number of Ordinary     % of issued share    Number of Ordinary     % of issued share
                         Shares held prior to               capital           Shares held      capital as at 30
                          Non-Executive share                                   following             June 2008
                                       issue                          Non-Executive share
                                                                                    issue
 Howard Marshall                    1,358,334                  1.09             1,674,123                  1.33
 Paul Morland                         666,668                  0.53               824,563                  0.66
 Phillip Nutburn                      333,333                  0.27               596,491                  0.47

    Application for admission of 736,842 new Ordinary Shares ("Admission") has been made and is expected to occur on 30 June 2008. 

    Following Admission, the Company will have 125,827,799 Ordinary Shares in issue. 

    The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the Company. 

    Enquiries:

    Imaginatik Plc  
    Shawn Taylor, CFO
    0207 917 2975
    www.imaginatik.com 

    W.H. Ireland  
    Katy Birkin  
    0121 265 6330

    Investor relations and UK media
    ICIS  
    Tom Moriarty/Caroline Evans-Jones
    0207 651 8688


This information is provided by RNS
The company news service from the London Stock Exchange
 
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