Release of Shares from Voluntary Escrow
Released
Released
Announcement PDF
3 May 2024
ASX ANNOUNCEMENT
Release of Shares from Voluntary Escrow
In accordance with ASX Listing Rule 3.10A, AI-Media Technologies Limited (“AIMedia” or the “Company”) (ASX: AIM), advises that a total of 4,876,673 fully paid
ordinary AIM shares will be released from voluntary escrow on 13 May 2024.
These shares represent one-third of a total 14,630,017 shares issued to the vendors
of the EEG business as part-consideration for the acquisition of the business, and
the final tranche to be released from voluntary escrow. Please refer to previous
ASX announcements dated 13 May 2021, 30 May 2022 and 24 August 2023.
ENDS
Authorised for release by the Company Secretary
Further Information
AI-Media Technologies
Lisa Jones
Company Secretary
investorrelations@ai-media.tv
NWR Communications
Melanie Singh
Investor Relations
melanie@nwrcommunications.com.au
About AI-Media
Founded in Australia in 2003, technology company AI-Media is a global leader in
live and recorded captioning, transcription and translation solutions. The
company helps the world’s leading broadcasters, enterprises and government
agencies ensure high accuracy, secure and cost-effective captioning via its AIpowered LEXI automatic captioning solution. LEXI captions are delivered to
millions of screens worldwide via AI-Media’s range of captioning encoders and its
iCap Cloud Network – the world’s largest, most secure caption delivery network.
Globally, AI-Media delivers over 9 million minutes of live and recorded media
monthly. AI-Media (ASX: AIM) commenced trading on the ASX on 15 September
2020.
AI-Media Technologies Limited (AI-Media) | ABN 12 122 058 708 | ACN 012 205 8708
Level 1, 103 Miller Street, North Sydney NSW 2060 | PO Box 763, North Sydney NSW 2059
P + 61 2 8870 7700 | F +61 2 8870 7788 | E info@ai-media.tv | W ai-media.tv
Share your feedback
Discover