Inteliqo Ltd Initial admission to the Official List

 
TIDMIQO 
 
05 August 2022 
 
                               Inteliqo Limited 
                         ("Inteliqo" or the "Company") 
 
                         Admission to Trading on AQSE 
 
                                      and 
 
                             First Day of Dealings 
 
Inteliqo Limited (AQSE: IQO), a start-up technology company that provides 
sales, marketing and distribution services to cutting edge consumer technology 
brands under long-term distribution agreements,  is pleased to announce that 
admission of its shares to trading on the Aquis Exchange Growth Market ("AQSE") 
will take place and dealings will commence at 8.00 a.m. today, under the ticker 
"IQO" and ISIN number GG00BPLG4G55. 
 
The Company has been admitted to the Access segment of AQSE and the 
commencement of trading of the Company's Ordinary Shares follows a successful 
subscription and placing by Inteliqo Limited for a total of 2,370,000 Ordinary 
Shares at £0.0250 per ordinary share, raising gross proceeds of £59,250. The 
Company Gross Proceeds of the Fundraising and issue of Existing Shares is £ 
832,250 (before expenses). 
 
On Admission, the Company will have 112,500,000 Ordinary Shares in issue and 
the market capitalisation of the Company will be approximately £2,812,500. 
 
About Inteliqo Limited 
 
Inteliqo is a start-up technology company that provides sales, marketing and 
distribution services to cutting edge consumer technology brands under 
long-term distribution agreements. 
 
The Company has agreed its first such agreement in respect of the Ipedia iQ 
product range. The iQ product is a smart translation earphone (earbuds) system 
and application which offers integrated real time speech translation in 42 
languages, built in smart assist (google and siri), multiple microphones and HD 
sound ( www.ipedia.co). 
 
The principal activities of the Company are to appoint and license resellers 
for defined territories on the basis that these resellers will enter into an 
agreement with the Company to purchase a minimum number of products from the 
Company on an annual basis with the intention of reselling them within their 
territory. 
 
The Company's admission document is available to view on its website https:// 
inteliqo.com/. 
 
This announcement contains information that, prior to its disclosure, 
constituted inside information as stipulated under Regulation 11 of the Market 
Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 
 
The directors of Inteliqo Limited accept responsibility for this announcement. 
 
Board members: 
 
Michael Joseph Hill, (Joe Hill) Chief Executive Officer 
 
Joe Hill has significant experience in the sales, marketing and distribution of 
products, gained over the past 18 years in business and has detailed and 
hands-on knowledge and experience in finance, operations, management, marketing 
and growth. Joe Hill was previously a retail Director for Specsavers Opticians 
where he served for 10 years. Joe provides the strategic vision and direction 
for the Company and acts as Chief Executive Officer. 
 
Alister Bruce Watterson, (Bruce Watterson) Non-Executive Director 
 
Bruce Watterson is an FCA-qualified accountant and has been appointed as a 
Non-Executive Board Director. He is the Client Director and Chief Operations 
Officer for the Dixcart Trust Corporation Limited with offices in Guernsey and 
looks after a diverse portfolio of commercial, corporate and private high-net- 
worth clients. Bruce has an extensive understanding of off-shore companies and 
fund management across a full spectrum of portfolios spanning both personal and 
business investments, and has previously served on the Round Table National 
Finance Committee. 
 
Raymond Matthew Smart, (Ray) Finance Director 
 
In the 27 years since qualifying as a chartered accountant, Ray has 
successfully undertaken a variety of senior management roles in a number of 
different fields including Banking, Insurance and Risk Management, Payment 
Services, Managing Corporate Structures, Mining, Health Clubs, Property and 
Accounting Public Practice. Before joining the Company, Ray ran his own 
outsourcing company providing consultancy, back-office services and support for 
corporate structures to local and overseas companies. 
 
Joseph Michael Truelove, (Joseph Truelove) Non-Executive Director and Chairman 
 
Joseph Truelove has 25 years of experience in financial services, including 
roles in audit, financial control, operations, business development and fund 
administration. He is a fellow of the Institute of Chartered Accountants in 
England and Wales, Trust and Estate Practitioner and holder of a Certificate in 
Company Direction (Distinction) from the Institute of Directors and is also a 
holder of a personal fiduciary licence issued by the Guernsey Financial 
Services Commission to provide Non-Executive Director services. Experienced in 
private equity, venture capital, real estate, infrastructure, liquid securities 
and debt, he has served as a Non-Executive Director on the boards of both 
listed and private funds, both closed- ended and open-ended, including chairman 
and chair of audit committee roles. Joseph has experience with companies listed 
on the London Stock Exchange, AIM, Aquis and The International Stock Exchange 
(TISE) listed companies and funds. He is currently an INED and Chairman of 
SuperSeed Capital Limited, an AQSE-listed company. 
 
For further information please contact: 
 
Inteliqo Limited 
Joe Hill, Chief Executive Officer    [e-mail] 
 
 
First Sentinel Corporate Finance     [phone] 
Limited                              [e-mail] 
(AQSE Corporate Adviser) 
Brian Stockbridge 
 
END 
 
 
 
END 
 
 

(END) Dow Jones Newswires

August 05, 2022 02:00 ET (06:00 GMT)