EAGLE EYE SOLUTIONS GROUP PLC

Legal Proceedings Report • Dec 19, 2017

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RNS Number : 7738Z

Eagle Eye Solutions Group PLC

19 December 2017

19 December 2017

Eagle Eye Solutions Group plc

("Eagle Eye", the "Group", or the "Company")

Director Declaration

Eagle Eye, the SaaS technology company that allows businesses to create a real-time connection with their customers, announces that The Imaginarium Studios Limited a company of which Malcolm Wall, Chairman of Eagle Eye, is a director entered into administration on 15 May 2017. On 23 May 2017, The Imaginarium Studios Limited's estimated deficiency as regards creditors as at 15 May 2017 was stated as being approximately £2.7 million. The administration process in respect of The Imaginarium Studios Limited is ongoing. 

For further information, please contact:
Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: 0844 824 3686
Investec (Nominated Advisor and Broker)
Corporate Finance: David Anderson / Sebastian Lawrence Corporate Broking: Rob Baker	Tel: 020 7597 5970
Hudson Sandler
Nick Lyon/Hattie O'Reilly	Tel: 020 7796 4133
Information on Eagle Eye www.eagleeye.com

Eagle Eye is a leading SaaS technology company that allows businesses to create a real-time connection with their customers.

The Company's digital marketing platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital promotions and rewards, replacing previously used paper-based methods. Our Eagle Eye platform creates a network effect between merchants, distributors and brands enabling stronger connections and value to all parties. Through our four products we enable brands and merchants to reduce cost, improve their customer offer and accelerate their innovation.

The Company's current customer base comprises leading names in UK grocery, retail and hospitality including John Lewis, Asda, J Sainsbury, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco and Thomas Pink.

This information is provided by RNS

The company news service from the London Stock Exchange

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