Immediate Acquisition PLC Change of Name (6986S)

TIDMBANK

RNS Number : 6986S

Immediate Acquisition PLC

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        via Brazil London 
  Fiinu plc) 
  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              Tel: +44 (0) 207 466 5000 
  PR adviser)                                     Email: Fiinu@buchanan.uk.com 
  Chris Lane / Kim van Beeck / Jack Devoy 
 Brazil London (Press office for Fiinu)          Tel: +44 (0) 207 785 7383 
  Joshua Van Raalte / Christine Webb              Email: fiinu@agencybrazil.com 
  / Jamie Lester

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(R), and Fiinu Services Ltd, a provider of financial technology and alternative data solutions.

Fiinu's Plugin Overdraft(R) 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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END

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July 15, 2022 09:59 ET (13:59 GMT)

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