Insig AI Plc Convertible Loan Facility Drawdown (0117M)

TIDMINSG

RNS Number : 0117M

Insig AI Plc

09 January 2023

9 January 2023

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 third tranche of GBP290,000 was drawn down on the convertible loan facility agreement provided by Richard Bernstein as announced on 12 September 2022 (the "Loan Agreement"). The first and second tranches were drawn down on 10 October and 26 October 2022 respectively and after this third tranche, an amount of GBP100,000 remains available to be drawn down under the Loan Agreement.

For further information, please visit www.insg.ai or contact:

 
 Insig AI plc                                                  Via SEC Newgate 
  Colm McVeigh (CEO) 
 Zeus (Nominated Adviser & Broker) 
  David Foreman / James Hornigold / 
  Danny Phillips                                  +44 (0) 20 3829 5000

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