Imaging Biometrics Corrects AGM Share Sub-division Terms Ahead of June Meeting

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2026.05.13 06:07
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Imaging Biometrics Limited has corrected an error regarding its proposed share sub-division ahead of the Annual General Meeting on June 3, 2026. Each ordinary share of £0.01 will now be sub-divided into one ordinary share of £0.005, with the total shares remaining at 246,709,789. The AGM resolutions remain unaffected, and updated documentation will be available on the company’s website. Spark’s AI Analyst rates IBAI stock as Neutral, citing weak financial performance and bearish technicals, despite low leverage reducing balance-sheet risk.