9 Jun 2022 12:57
9 June 2022
Immediate Acquisition Plc
("IME" or "the Company")
Posting of Annual Report and Notice of AGM
Immediate Acquisition Plc ((AIM: IME) is pleased to confirm that, further to the announcement on 7 June 2022, the Annual Report and Accounts for the year ended 31 December 2021, Notice of Annual General Meeting and Form of Proxy have been despatched to shareholders.
The Annual Report and Accounts and the Notice of Annual General Meeting are also available to view on the Company's website at www.imeplc.com.
The Annual General Meeting will be held at the offices of Charles Russell Speechlys LLP, 5 Fleet Place, London EC4M 7RD at 10 a.m. on 5 July 2022.
For further information please contact: | |
Immediate Acquisition Plc Tim Hipperson, Non-executive Chairman Simon Leathers, Non-executive Director | Tel: +44 (0) 203 515 0233 |
SPARK Advisory Partners Limited (Nomad) Mark Brady Neil Baldwin | Tel: +44 (0) 203 368 3550 |
SP Angel Corporate Finance LLP (Broker) Abigail Wayne | Tel: +44 (0) 207 470 0470 |
Buchanan Communications Chris Lane | Tel: +44 (0) 207 466 5000 |
Immediate Acquisition Plc
Following the disposal of Immedia Broadcast Limited, announced 21 April 2022, the Company became an AIM Rule 15 cash shell and, as such, is required to make an acquisition or acquisitions which constitute(s) a reverse takeover under AIM Rule 14 (including seeking re-admission as an investing company (as defined under the AIM Rules)) on or before the date falling six months from completion of the disposal or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least £6 million), failing which the Company's Ordinary Shares would then be suspended from trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM would be cancelled six months from the date of suspension should the reason for the suspension not be rectified during that period.
Any failure in completing an acquisition or acquisitions which constitute(s) a reverse takeover under AIM Rule 14, including seeking re-admission as an investing company (as defined under the AIM Rules), will result in the cancellation of the Company's Ordinary Shares from trading on AIM.