Stmnt re Share Price Movement

RNS Number : 6290B

AIQ Limited

11 January 2018

 

11 January 2018

For Immediate Release

AIQ Limited

("AIQ" or the "Company")

Share Price Movement

The Directors of AIQ Limited (LSE: AIQ), which commenced trading on the London Stock Exchange's Main Market for listed securities on 9 January 2018 at 8 pence per ordinary share, notes the recent significant increase in the Company's share price. Whilst the Company is not aware of any specific reasons that support this increase, however, the size of the fund raise (net proceeds of £3.6m) and the clean nature of the special purpose acquisition company ("SPAC") may have contributed to this rise.

AIQ is a SPAC incorporated in the Cayman Islands, formed to undertake one or more acquisitions of target companies or businesses in the e-commerce sector.

Enquires

AIQ Limited	[phone]
Graham Duncan, Chairman
VSA Capital Limited (Financial Adviser & Corporate Broker)	[phone]
Andrew Raca
L&S Group Limited (Listing Coordinator)	[phone]
Ivy Wang

 

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