Placing to raise £5.2m and notice of general meeting 4 May 2020

Intelligent Ultrasound (AIM: MED), the ultrasound artificial intelligence (AI) software and simulation company, is pleased to announce a Placing to raise £5.2 million (before the deduction of fees and expenses) through the conditional issue of 49,400,000 Ordinary Shares at 10.5 pence per Ordinary Share. The Placing has been arranged by Cenkos Securities and the Placing Shares will rank, pari passu, in all other respects with the Company’s Existing Ordinary Shares.

MED Placing RNS (17.04.20)