Update on potential equity investment

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: [phone]
Angus Forrest, CEO Shawn Taylor, CFO
finnCap Ltd - Nomad and broker	Tel: [phone]
Jonny Franklin-Adams / Max Bullen-Smith, corporate finance
Camille Gochez, ECM
Peterhouse Capital Limited - Joint broker	Tel: [phone]
Duncan Vasey / Lucy Williams
Alma PR	Tel: [phone]
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 

 

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