Stmnt re Share Price Movement (5159X)

TIDMIMAC

RNS Number : 5159X

Ingenious Media Active Capital Ltd

16 February 2012

Ingenious Media Active Capital Limited ("the Company")

The Company notes the recent rise in its share price. While the Directors know of no specific reason for this rise, shareholders are aware that the Company continues to look for suitable realisations of their portfolio companies. Discussions with potential suitors are always ongoing. The Company notes that it has received a non binding indicative offer for one of its investee companies which is being considered by the Company, which if concluded on the terms contained therein would be at a premium to its stated book value and would be a material transaction for the Company and its shareholders. The indicative offer is subject to numerous subjective conditions including as to due diligence. This may or may not lead to the sale of the investee company and there can be no certainty that any sale will be concluded or if a sale is concluded at what price. A further announcement will be made in due course.

Enquiries:

IMAC

Patrick McKenna/ Patrick Bradley 020 7319 4000

Canaccord Genuity Limited

Bhavesh Patel 020 7050 6500

MHP Communications

Reg Hoare / Barnaby Fry / Simon Hockridge / Giles Robinson

020 3128 8100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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