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ACC Access Intelligence Plc

61.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Access Intelligence Plc LSE:ACC London Ordinary Share GB00BGQVB052 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 61.00 60.00 62.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 62.4M -7.9M -0.0619 -9.13 77.9M

Access Intelligence PLC Silicon Valley Bank (6600S)

13/03/2023 7:00am

UK Regulatory


Access Intelligence (LSE:ACC)
Historical Stock Chart


From Dec 2022 to Dec 2024

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TIDMACC

RNS Number : 6600S

Access Intelligence PLC

13 March 2023

Access Intelligence plc

("Access Intelligence" or the "Company")

Silicon Valley Bank

Access Intelligence (AIM: ACC), the technology innovator delivering Software-as-a-Service (SaaS) solutions for the global marketing and communications industries, announces an update in respect of its banking relationship with Silicon Valley Bank ('SVB').

Access Intelligence has noted recent developments in respect of SVB. Whilst SVB has been one of the Company's banking partners in the EMEA & North America region, the Company can confirm that it has minimal exposure on its deposits with less than GBP0.4m held across a number of SVB accounts in both the UK and the US. At this time, the Company expects that the vast majority of these funds, if not all, will be protected by the UK Financial Services Compensation Scheme or the US Federal Deposit Insurance Corporation, however the exact timing of when these funds might be available to the Company still remains uncertain. SVB is not a banking partner of the Company in the APAC region.

For further information:

Access Intelligence plc 020 3426 4024

Joanna Arnold (CEO) / Mark Fautley (CFO)

finnCap Limited (Nominated Adviser and Broker)

020 7220 0500

Corporate Finance:

Marc Milmo / Fergus Sullivan

Corporate Broking:

Alice Lane / Sunila de Silva

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

March 13, 2023 03:00 ET (07:00 GMT)

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