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.
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For further information please contact: | |
| Immediate Acquisition Plc (to be renamed Fiinu plc) David Hopton, Non-Executive Chairman Chris Sweeney, Chief Executive Officer | via Brazil London |
| SPARK Advisory Partners Limited (Nomad) Mark Brady Adam Dawes | Tel: +44 (0) 203 368 3550 |
| SP Angel Corporate Finance LLP (Broker) Abigail Wayne Matthew Johnson | Tel: +44 (0) 207 470 0470 |
| Buchanan Communications (Financial PR adviser) Chris Lane / Kim van Beeck / Jack Devoy | Tel: +44 (0) 207 466 5000 Email: Fiinu@buchanan.uk.com |
| Brazil London (Press office for Fiinu) Joshua Van Raalte / Christine Webb / Jamie Lester | Tel: +44 (0) 207 785 7383 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
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