TMT Acquisition PLC

Report Publication Announcement • Jun 15, 2022

National Storage Mechanism | Additional information

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.  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 Tim Hipperson, Non-executive Chairman Simon Leathers, Non-executive Director	Tel:  +44 (0) 203 515 0233
SPARK Advisory Partners Limited (Nomad) Mark Brady Neil Baldwin	Tel: +44 (0) 203 368 3550
SP Angel Corporate Finance LLP (Broker) Matthew Johnson Abigail Wayne	Tel: +44 (0) 207 470 0470
Buchanan Communications Chris Lane / Kim van Beeck	Tel: +44 (0) 207 466 5000

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 Shares, re-admission of the Enlarged Issued Share Capital and commencement of dealings on AIM	anticipated to be 8.00 a.m. on or about the Business Day following 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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