IN BRIEF: Immedia disposes of subsidiary, becomes cash shell

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Immedia Group PLC - AIM-listed supplier of multi-media content and digital solutions - Formally completes disposal of wholly-owned subsidiary Immedia Broadcast Ltd after resolutions approved at general meeting. Shareholders vote to approve resolution to become cash shell, and change name to Immediate Acquisition PLC.

Current stock price: 20.73 pence

12-month change: down 17%

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