18 Oct 2018 07:00
18 October 2018
Imaginatik plc
("Imaginatik" or the "Company")
Company Update
Imaginatik plc (AIM: IMTK.L) updates shareholders on the present situation.
Trading
Since the start of September 2018 the Company has secured orders valued at over $1.5 million, through a combination of renewals and new business. There are four new customers including a major US agrichemical business and a leading Formula One Team. We are pleased to be involved in such a wide range of industries and it demonstrates the flexibility of the solution offered by Imaginatik.
Appointment of New Nominated Adviser (NOMAD)
Further to the announcement on 1 October the Company has been in discussions with certain Nominated Advisers, it has now selected one which is currently finalising due diligence. Shareholders will be updated as soon as a replacement Nominated Adviser has been appointed.
Other
The business is performing in line with the targets set in June 2018 and the objectives outlined on 1 October. There is still much to do but there is overall improvement and various potentially significant opportunities are being presented to the Company.
Further updates will be made as appropriate.
For further information please contact:
Imaginatik plc | Via Alma |
Angus Forrest CEO | |
Peterhouse Capital Limited - Broker | +44 (0) 20 7220 9797 |
Duncan Vasey / Lucy Williams | |
Alma PR | Tel: 020 8004 4218 |
Caroline Forde / Robyn Fisher |
About Imaginatik
Imaginatik is the only innovation solution provider which has combined a proven innovation program with purpose-built idea management software to enable companies to achieve breakthrough and continuous innovation at scale. Imaginatik works with leading global enterprises to build and integrate innovation management skills as a core competency. Customers include ExxonMobil, Altria, Shell, Sodexo, Caterpillar, Novartis and Cargill.
For more information visit www.imaginatik.com.