REG - Intuitive Invests.Gp - Sale of Investment in Sanondaf

Intuitive InvestmentsAnnouncement

03/10/2025 07:00

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RNS Number : 8928B  Intuitive Investments Group plc  03 October 2025

3 October 2025

Intuitive Investments Group plc

("IIG" or the "Company")

Sale of Investment in Sanondaf

IIG plc announces that on 2 October 2025 it completed the sale of its entire
100% holding in Touchless Innovations Limited ("Sanondaf"), to the original
owner of the Sanondaf business, Stuart White.

The decision to sell was taken in light of the continuing momentum of IIG's
largest investment, Hui10 Inc ("Hui10"), a technology company leading the
digital transformation of the Chinese lottery and the acceleration of the
nationwide rollout of its products and services in China. The sale of Sanondaf
will enable IIG to focus on the growth and expansion of Hui10.

The sale of Sanondaf was for a consideration of 753,895 IIG shares at a price
of £1.19 per IIG share, owned by Stuart White returned to IIG and transferred
directly into IIG's Employee Benefit Trust, IIG Assets. The consideration of
the sale is valued at £0.9m. IIG's newly established Employee Benefit Trust
is for the purpose of settling outstanding share option awards.

Giles Willits, Chief Executive Officer of IIG, commented: "IIG wishes Stuart
and the team all the best with the future of the Sanondaf business and we look
forward to further focusing our attention on Hui10 as the accelerated rollout
of its products and services promise to grow into a significant business
opportunity, delivering substantial revenue growth and shareholder value."

Enquiries:

 Intuitive Investments Group plc                    www.iigplc.com (http://www.iigplc.com/)

 Sir Nigel Rudd, Non-Executive Chairman             Via FTI Consulting

 Giles Willits, CEO

 Zeus                                               +44 (0)20 3829 5000

 Graeme Summers / Dominic King

 FTI Consulting                                     +44 (0)20 3727 1000

 Jamie Ricketts / Valerija Cymbal / Jemima Gurney   IIG@fticonsulting.com

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing and / or high potential technology and
life sciences businesses operating predominantly in the UK, continental
Europe, the US and APAC, utilising the Board's experience to seek to generate
capital growth over the long term for shareholders.

About Touchless Innovations Limited/Sanondaf

Sanondaf provides specialist disinfection and hygiene services, primarily
through its core technology of spraying and fogging. Sanondaf's
decontamination service is based around a hydrogen peroxide formula, which is
administered as a dry vapour disinfection treatment which can be used on all
electrical and electronic devices and all hard and soft furnishings safely,
without causing damage or leaving any unsightly residue on the surfaces
treated. Treatments are non-corrosive, contain no toxic ingredients and
Sanondaf's application methods ensure they are not harmful to people, animals
or the environment. It is safe for use in all settings, including operating
theatres, critical care units, and is CASA (Civil Aviation Safety Authority)
approved. Sanondaf's disinfection formula has proven efficacy against
pathogens, including, viruses such as Covid-19 and Monkeypox, mould, bacteria
and fungi.

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