REG - ActiveOps PLC - Sale of WorkiQ Trademarks

ActiveopsAnnouncement

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RNS Number : 1560Z  ActiveOps PLC  02 April 2026

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION
IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

02 April 2026

  ActiveOps plc

("ActiveOps", the "Company" or the "Group")

Sale of WorkiQ Trademarks

ActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence software
for service operations, announces that it has agreed to sell to Microsoft
Corporation the trademarks that it holds in the UK, US, Australia and EU to
the WorkiQ name.

The consideration to be received by the Group for the sale of the WorkiQ
trademarks is USD$10 million (approximately £7.5 million) in cash.

The Board considers that the sale of the WorkiQ trademarks has no impact on
the ActiveOps Decision Intelligence software suite of products, and the WorkiQ
product will be rebranded in due course.

The proceeds from the sale will provide the Group with additional capital, the
Board is considering the best utilisation of this capital and will provide an
update alongside the year end results announcement in early July.

 

 For more information, please contact:

 ActiveOps                                   Via Alma
 Richard Jeffery, Executive Chair            www.activeops.com (http://www.activeops.com/)
 Emma Salthouse, Chief Financial Officer
 Investec Bank plc                           +44 (0)20 7597 5970
 Nominated Adviser and Joint Broker
 Patrick Robb / Nick Prowting / James Smith

 Canaccord Genuity Limited                   +44 (0)20 7523 8000
 Joint Broker

 Simon Bridges / Harry Gooden / Harry Rees

 Alma Strategic Communications               + 44(0) 203 405 0205
 Caroline Forde / Louisa El-Ahwal

 

The person responsible for arranging release of this announcement on behalf of
ActiveOps plc is Emma Salthouse, Chief Financial Officer.

About ActiveOps

ActiveOps is a Software as a Service business, dedicated to helping
organisations create more value from their service operations. ActiveOps'
Decision Intelligence software solutions are specifically designed to support
leaders with the vast number of decisions they make daily in the running their
operations. Our customers make better decisions and consume less time and
effort making them. The outcomes are significantly improved turnaround times
and double-digit improvements in productivity with backlogs of work materially
reduced. Customers also leverage the capacity created to invest in
transformation and development, and more efficiently utilise resources.

The Company's AI-powered SaaS solutions are underpinned by over 15 years of
operational data and its AOM methodology which is proven to enhance cross
departmental decision-making.

The Company has approximately 280 employees, serving a global base of
enterprise customers from offices in the UK, Ireland, USA, Canada, Australia,
India, and South Africa. The Group's customers are predominantly in the
banking, insurance, healthcare administration and business process outsourcing
(BPO) sectors, including Nationwide, TD Bank, Elevance and Xchanging.

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