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Update regarding Nominated Adviser

11 Sep 2018 11:35

RNS Number : 4291A
Imaginatik PLC
11 September 2018
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Imaginatik PLC

("Imaginatik" or the "Company")

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Update regarding Nominated Adviser

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Imaginatik plc (AIM: IMTK.L), the #1 ranked leader in corporate innovation management according to Forrester Research, announces that finnCap Ltd ("finnCap") has given notice in relation to acting as the Company's nominated adviser and such notice is due to expire on 26 September 2018. However, finnCap has indicated that it will continue to act as nominated adviser to the Company while the Company remains in active conversation with an investor (as announced on 25 July 2018) regarding taking a controlling equity stake in the Company.

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Should finnCap cease to act as the Company's nominated adviser and the Company does not find a replacement nominated adviser, the Company's shares will be suspended with immediate effect. The Company would then have one further month to appoint a replacement nominated adviser or else the admission of its AIM securities will be cancelled.Β 

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For further information please contact:

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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, corporate broking

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Peterhouse Capital Limited - Joint broker

Tel: 020 7220 9797

Duncan Vasey / Lucy Williams

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Alma PR

Tel: 020 8004 4218

Caroline Forde / Robyn Fisher

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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.

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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.

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For more information visitΒ www.imaginatik.com.

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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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