Imaginatik PLC Update regarding Nominated Adviser (4291A)

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RNS Number : 4291A

Imaginatik PLC

11 September 2018

Imaginatik PLC

("Imaginatik" or the "Company")

Update regarding Nominated Adviser

Imaginatik plc (AIM: IMTK.L), the #1 ranked leader in corporate innovation management according to Forrester Research, announces that finnCap Ltd ("finnCap") has given notice in relation to acting as the Company's nominated adviser and such notice is due to expire on 26 September 2018. However, finnCap has indicated that it will continue to act as nominated adviser to the Company while the Company remains in active conversation with an investor (as announced on 25 July 2018) regarding taking a controlling equity stake in the Company.

Should finnCap cease to act as the Company's nominated adviser and the Company does not find a replacement nominated adviser, the Company's shares will be suspended with immediate effect. The Company would then have one further month to appoint a replacement nominated adviser or else the admission of its AIM securities will be cancelled.

For further information please contact:

 
 Imaginatik plc                                     Tel: [phone] 
                                                     243 
 Angus Forrest, CEO 
  Shawn Taylor, CFO 
 
 
 FinnCap Ltd - Nomad and broker                     Tel: [phone] 
 Jonny Franklin-Adams/Max Bullen-Smith, corporate 
  finance 
 Camille Gochez, corporate broking 
 
                                                    Tel: [phone] 
   Peterhouse Capital Limited - Joint broker 
 Duncan Vasey / Lucy Williams 
 
                                                    Tel: [phone] 
   Alma PR 
 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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September 11, 2018 06:35 ET (10:35 GMT)