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Update on potential equity investment

26 Sep 2018 07:00

RNS Number : 9310B
Imaginatik PLC
26 September 2018
 

 

Imaginatik PLC

("Imaginatik" or the "Company")

Update on potential equity investment

 

Imaginatik plc (AIM: IMTK.L), the #1 ranked leader in corporate innovation management according to Forrester Research, provides a further update to the announcement made on 17 September 2018.

 

The Company announces that the investor is no longer in discussions with respect to making a controlling equity investment in the Company.

As such, finnCap will cease to act as the Company's Nominated Adviser with effect from close of business today. Should the Company not find a replacement Nominated Adviser by close of business today, it will be suspended from trading with effect from 07:30am on 27 September 2018.

If the Company does not find a replacement Nominated Adviser within one month of suspension, it will be delisted from AIM pursuant to AIM Rule 1.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014.

 

For further information please contact:

 

Imaginatik PLC

Tel: 01329 243 243

Angus Forrest, CEO

Shawn Taylor, CFO

 

finnCap Ltd - Nomad and broker

 

Tel: 020 7220 0500

Jonny Franklin-Adams / Max Bullen-Smith, corporate finance

Camille Gochez, ECM

 

Peterhouse Capital Limited - Joint broker

 

Tel: 020 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, Goodyear, AECOM, Caterpillar, Novartis and Cargill.

 

Imaginatik is a public company traded on the AIM market of the London Stock Exchange (LSE: IMTK.L) with offices in Boston, MA, USA and Fareham, U.K.

 

For more information visit www.imaginatik.com 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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