REG - Amazing AI PLC - Change of Name

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RNS Number : 1548H   Amazing AI PLC  02 May 2025

2 May 2025

Amazing AI plc

 

(formerly Investment Evolution Credit plc)

 

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

 

Confirmation of Name Change

 

Amazing AI plc (AQSE: AAI) - 2 May 2025: AAI, a global fintech group
specialising in online consumer loans, confirms that Companies House has
issued a change of name certificate on 1 May 2025, and the Company has
officially changed its name to Amazing AI plc, in line with the strategy
update announced on 2 April 2025.

 

The TIDM has changed to AQSE: AAI, and the Company's LEI, ISIN and SEDOL
remain unchanged.

 

The Company's website address (including its investor relations content) will
be updated in due course.

 

Contemporaneously with the name change taking effect, the Company's subsidiary
Investment Evolution AI Ltd has been renamed Amazing AI Services Ltd.

 

Shareholders will be unaffected by the change of name, and any existing share
certificates bearing the Company's former name remain valid and should be
retained for future use.

 

The Company confirms that the change of name has been notified to the Aquis
Stock Exchange and that trading in the Company's shares under the new company
name is expected to commence at 8:00 a.m. on 2 May 2025.

 

The Directors of the Company accept responsibility for the contents of this
announcement.

 

Enquiries:

 

 Amazing AI plc
 Paul Mathieson - Chief Executive Officer                           iecenquiries@investmentevolution.com

 Cairn Financial Advisers LLP (AAI AQSE Corporate Adviser)
 Ludovico Lazzaretti                                               +44 (0) 20 7213 0880
 Jo Turner

 Oberon Capital (AAI Corporate Broker)
 Adam Pollock                                                      +44 (0) 203 179 5300

 Nick Lovering

 Jessica Cave

 Professional and institutional investors can contact Oberon Capital on
 corporatesales@oberoninvestments.com
 (mailto:corporatesales@oberoninvestments.com)

 

About Amazing AI plc

Amazing AI plc (AAI) is an AI driven, consumer finance fintech innovator that
leverages its regulated licensed lending and collections operations,
experience and network to distribute best-of-breed AI finance related services
globally, specifically focused on lending, collections and debt financing
services. AAI operates under the consumer brand Mr. Amazing Loans in the
United States with state consumer lending licenses/certificates of authority
in the six states
of California, Florida, Georgia, Illinois, Nevada and New Jersey and
an established track-record of lending, collections and regulatory compliance
for over 14 years.

 

Amazing AI Services Ltd, a wholly owned subsidiary of AAI, has entered into a
confidential introducer agreement with a large UK consumer finance group (the
"Supplier"). The Supplier is a provider of credit underwriting and risk
management software, consultancy and other services, including debt financing
that enable third parties to offer lending and collection services solutions
to their clients.  Amazing AI Services has secured the non-exclusive rights
to introduce the Supplier's services in the territories of the United Kingdom,
the United States of America, Canada, Australia, New Zealand, the Philippines
and all states in Africa.

 

The Company intends to investigate further utilisation of AI in its own US
consumer lending operational processes and seek additional strategic
collaborations, joint ventures and acquisitions in the AI sector globally,
including in AI deception detection services to increase underwriting and
collections performance. AAI also plans to investigate the potential to
conduct its own enhanced product/service development, territory customisation
and new service initiatives in conjunction with its current Supplier and
future potential suppliers/partners.

 

 

For more information please visit: www.investmentevolution.com/investors
(http://www.investmentevolution.com/investors)

 

Caution Regarding Forward Looking Statements

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not a guarantee of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements. The Company cautions security holders and
prospective security holders not to place undue reliance on these
forward-looking statements, which reflect the view of the Company only as of
the date of this announcement. The forward-looking statements made in this
announcement relate only to events as of the date on which the statements are
made. The Company will not undertake any obligation to release publicly any
revisions or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of this
announcement except as required by law or by any appropriate regulatory
authority.

 

 

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