Update on potential equity investment
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
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