Publication of Admission Doc Restoration ofTrading
15/06/2022 18:27
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RNS Number : 0523P Immediate Acquisition PLC 15 June 2022
This announcement is for information purposes only and does not constitute or
contain any invitation, solicitation, recommendation, offer or advice to any
person to subscribe for, otherwise acquire or dispose of any securities in
Immediate Acquisition Plc or any other entity in any jurisdiction. Neither
this announcement nor the fact of its distribution shall form the basis of, or
be relied on in connection with, any investment decision in Immediate
Acquisition Plc.
The information contained within this announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014 which forms part of English law by virtue of the European
Union (Withdrawal) Act 2018, as amended. Upon the publication of this
announcement via the Regulatory Information Service, this inside information
is now considered to be in the public domain.
15 June 2022
Immediate Acquisition Plc
("IME" or "the Group" or "the Company")
Publication of Admission Document and Restoration of Trading
The Directors of Immediate Acquisition Plc (AIM: IME) are pleased to announce
that further to the close of the accelerated bookbuild ("ABB") announced
earlier today, IME has published an Admission Document which sets out
information on, inter alia, the proposed acquisition of Fiinu Holdings Ltd
(which constitutes a reverse takeover under the AIM Rules), the placing of
40,050,000 ordinary shares at 20p per share, the Waiver of Rule 9 of the City
Code and the proposed change of name to Fiinu Group PLC.
The Admission Document, Notice of General Meeting and Form of Proxy have been
despatched to IME shareholders. The Admission Document and Notice of Meeting
are available to download from the Company's website at www.imeplc.com
(http://www.imeplc.com) . Copies of these documents will also be available
free of charge to the public during normal business hours on any day
(Saturdays, Sundays and public holidays excepted) at the offices of SPARK
Advisory Partners Limited, 5 St John's Lane, London, EC1M 4BH.
A general meeting where shareholders can consider the proposals set out in the
Admission Document has been convened for 10.00 a.m. on 1 July 2022 at the
offices of Charles Russell Speechlys, 5 Fleet Place, London, EC4M 7RD. The
expected timetable of principal events is set out below.
As a result of the publication of the Admission Document, the Company expects
trading in its ordinary shares to be restored on the AIM market at 7.30 a.m.
tomorrow morning, 16 June 2022.
Further announcements will be made as appropriate.
For further information please contact:
Immediate Acquisition Plc Tel: +44 (0) 203 515 0233
Tim Hipperson, Non-executive Chairman
Simon Leathers, Non-executive Director
SPARK Advisory Partners Limited (Nomad) Tel: +44 (0) 203 368 3550
Mark Brady
Neil Baldwin
SP Angel Corporate Finance LLP (Broker) Tel: +44 (0) 207 470 0470
Matthew Johnson
Abigail Wayne
Buchanan Communications Tel: +44 (0) 207 466 5000
Chris Lane / Kim van Beeck
Expected Timetable of Principal Events
Publication of the Admission Document 15 June 2022
Latest time and date for receipt of CREST voting intentions 29 June 2022
Latest time and date for receipt of Forms of Proxy 10.00 a.m. on 29 June 2022
Time and date of the General Meeting 10.00 a.m. on 1 July 2022
Expected date for change of name to become effective Anticipated within five Business
Days of the General Meeting
Expected date of confirmation of Banking Licence to Fiinu by FCA & PRA anticipated within five Business
Days of the date of the General
Meeting
Expected completion of Acquisition of Fiinu, issue of the New Ordinary anticipated to be 8.00 a.m. on or
Shares, re-admission of the Enlarged Issued Share Capital and about the Business Day following
commencement of dealings on AIM confirmation of the Banking
Licence
Expected date for New Ordinary Shares to be credited to CREST accounts anticipated to be 8.00 a.m. on or
about the Business Day following
confirmation of the Banking
Licence
Despatch of definitive certificates for New Ordinary Shares within 14 days of Admission
All of the above timings refer to UK time. All future times and/or dates
referred to above are subject to change at the discretion of the Company and
SPARK.
Any changes to the above dates and times will be communicated by the Company
via RIS announcements.
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