REG - Immediate Acquisitn. - Change of Name

FiinuAnnouncement

15/07/2022 15:00

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RNS Number : 6986S  Immediate Acquisition PLC  15 July 2022

15 July 2022

 

Immediate Acquisition Plc (to be renamed Fiinu Plc)

 

(or the "Company")

 

Change of Name

 

Further to its announcement dated 8 July 2022, the Company is pleased to
announce that its change of name to Fiinu Plc has now been registered at
Companies House and will take effect on the AIM Market of the London Stock
Exchange from 8.00 a.m. on 18 July 2022.

 

The Company's TIDM, "BANK", will remain unchanged as will its ISIN
(GB0033881904), SEDOL (3388190) and LEI (213800XSRH9SNN1EXX92) numbers.

 

Shareholders will be unaffected by the change of name and existing share
certificates should be retained and remain valid. Share certificates issued in
relation to the recent reverse takeover and placing (as detailed in the
announcement dated 8 July 2022) will be in the name of Fiinu Plc and sent to
relevant shareholders in line with the timetable detailed in the Company's
Admission Document dated 15 June 2022.

 For further information please contact:
 Immediate Acquisition Plc (to be renamed Fiinu plc)  via Brazil London

 David Hopton, Non-Executive Chairman

 Chris Sweeney, Chief Executive Officer
 SPARK Advisory Partners Limited (Nomad)              Tel: +44 (0) 203 368 3550

 Mark Brady

 Adam Dawes
 SP Angel Corporate Finance LLP (Broker)              Tel: +44 (0) 207 470 0470

 Abigail Wayne

 Matthew Johnson
 Buchanan Communications (Financial PR adviser)       Tel: +44 (0) 207 466 5000

 Chris Lane / Kim van Beeck / Jack Devoy              Email: Fiinu@buchanan.uk.com
 Brazil London (Press office for Fiinu)               Tel: +44 (0) 207 785 7383

 Joshua Van Raalte / Christine Webb / Jamie Lester    Email: fiinu@agencybrazil.com

 

Notes to Editors

 

Fiinu, founded in 2017, is a technology platform and provider of consumer
banking products.

 

Fiinu comprises two innovative businesses: Fiinu 2 Ltd, which has been granted
Part 4A Permission from the UK regulators and will offer the Group's flagship
product, the Plugin Overdraft®, and Fiinu Services Ltd, a provider of
financial technology and alternative data solutions.

 

Fiinu's Plugin Overdraft® is an unbundled overdraft solution, whereby Fiinu
can provide its customers with an overdraft facility without them having to
switch their current account with their present bank, giving customers access
to affordable credit. Importantly, an overdraft does not negatively impact a
consumer's credit score and helps avoid expensive "payday lenders", giving
consumers the opportunity to build their credit rating.

 

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

 

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