Imaginatik PLC Company Update (3857E)
October 18 2018 - 2:00AM
UK Regulatory
TIDMIMTK
RNS Number : 3857E
Imaginatik PLC
18 October 2018
18 October 2018
Imaginatik plc
("Imaginatik" or the "Company")
Company Update
Imaginatik plc (AIM: IMTK.L) updates shareholders on the present
situation.
Trading
Since the start of September 2018 the Company has secured orders
valued at over $1.5 million, through a combination of renewals and
new business. There are four new customers including a major US
agrichemical business and a leading Formula One Team. We are
pleased to be involved in such a wide range of industries and it
demonstrates the flexibility of the solution offered by
Imaginatik.
Appointment of New Nominated Adviser (NOMAD)
Further to the announcement on 1 October the Company has been in
discussions with certain Nominated Advisers, it has now selected
one which is currently finalising due diligence. Shareholders will
be updated as soon as a replacement Nominated Adviser has been
appointed.
Other
The business is performing in line with the targets set in June
2018 and the objectives outlined on 1 October. There is still much
to do but there is overall improvement and various potentially
significant opportunities are being presented to the Company.
Further updates will be made as appropriate.
For further information please contact:
Imaginatik plc Via Alma
Angus Forrest CEO
+44 (0) 20 7220
Peterhouse Capital Limited - Broker 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, Sodexo, Caterpillar, Novartis and Cargill.
For more information visit www.imaginatik.com.
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END
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