Inteliqo Ltd Initial admission to the Official List
05 August 2022 - 4:00PM
UK Regulatory
TIDMIQO
05 August 2022
Inteliqo Limited
("Inteliqo" or the "Company")
Admission to Trading on AQSE
and
First Day of Dealings
Inteliqo Limited (AQSE: IQO), a start-up technology company that provides
sales, marketing and distribution services to cutting edge consumer technology
brands under long-term distribution agreements, is pleased to announce that
admission of its shares to trading on the Aquis Exchange Growth Market ("AQSE")
will take place and dealings will commence at 8.00 a.m. today, under the ticker
"IQO" and ISIN number GG00BPLG4G55.
The Company has been admitted to the Access segment of AQSE and the
commencement of trading of the Company's Ordinary Shares follows a successful
subscription and placing by Inteliqo Limited for a total of 2,370,000 Ordinary
Shares at £0.0250 per ordinary share, raising gross proceeds of £59,250. The
Company Gross Proceeds of the Fundraising and issue of Existing Shares is £
832,250 (before expenses).
On Admission, the Company will have 112,500,000 Ordinary Shares in issue and
the market capitalisation of the Company will be approximately £2,812,500.
About Inteliqo Limited
Inteliqo is a start-up technology company that provides sales, marketing and
distribution services to cutting edge consumer technology brands under
long-term distribution agreements.
The Company has agreed its first such agreement in respect of the Ipedia iQ
product range. The iQ product is a smart translation earphone (earbuds) system
and application which offers integrated real time speech translation in 42
languages, built in smart assist (google and siri), multiple microphones and HD
sound ( www.ipedia.co).
The principal activities of the Company are to appoint and license resellers
for defined territories on the basis that these resellers will enter into an
agreement with the Company to purchase a minimum number of products from the
Company on an annual basis with the intention of reselling them within their
territory.
The Company's admission document is available to view on its website https://
inteliqo.com/.
This announcement contains information that, prior to its disclosure,
constituted inside information as stipulated under Regulation 11 of the Market
Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
The directors of Inteliqo Limited accept responsibility for this announcement.
Board members:
Michael Joseph Hill, (Joe Hill) Chief Executive Officer
Joe Hill has significant experience in the sales, marketing and distribution of
products, gained over the past 18 years in business and has detailed and
hands-on knowledge and experience in finance, operations, management, marketing
and growth. Joe Hill was previously a retail Director for Specsavers Opticians
where he served for 10 years. Joe provides the strategic vision and direction
for the Company and acts as Chief Executive Officer.
Alister Bruce Watterson, (Bruce Watterson) Non-Executive Director
Bruce Watterson is an FCA-qualified accountant and has been appointed as a
Non-Executive Board Director. He is the Client Director and Chief Operations
Officer for the Dixcart Trust Corporation Limited with offices in Guernsey and
looks after a diverse portfolio of commercial, corporate and private high-net-
worth clients. Bruce has an extensive understanding of off-shore companies and
fund management across a full spectrum of portfolios spanning both personal and
business investments, and has previously served on the Round Table National
Finance Committee.
Raymond Matthew Smart, (Ray) Finance Director
In the 27 years since qualifying as a chartered accountant, Ray has
successfully undertaken a variety of senior management roles in a number of
different fields including Banking, Insurance and Risk Management, Payment
Services, Managing Corporate Structures, Mining, Health Clubs, Property and
Accounting Public Practice. Before joining the Company, Ray ran his own
outsourcing company providing consultancy, back-office services and support for
corporate structures to local and overseas companies.
Joseph Michael Truelove, (Joseph Truelove) Non-Executive Director and Chairman
Joseph Truelove has 25 years of experience in financial services, including
roles in audit, financial control, operations, business development and fund
administration. He is a fellow of the Institute of Chartered Accountants in
England and Wales, Trust and Estate Practitioner and holder of a Certificate in
Company Direction (Distinction) from the Institute of Directors and is also a
holder of a personal fiduciary licence issued by the Guernsey Financial
Services Commission to provide Non-Executive Director services. Experienced in
private equity, venture capital, real estate, infrastructure, liquid securities
and debt, he has served as a Non-Executive Director on the boards of both
listed and private funds, both closed- ended and open-ended, including chairman
and chair of audit committee roles. Joseph has experience with companies listed
on the London Stock Exchange, AIM, Aquis and The International Stock Exchange
(TISE) listed companies and funds. He is currently an INED and Chairman of
SuperSeed Capital Limited, an AQSE-listed company.
For further information please contact:
Inteliqo Limited
Joe Hill, Chief Executive Officer j.hill@inteliqo.com
First Sentinel Corporate Finance +44 (0) 203 989 2222
Limited Brian@first-sentinel.com
(AQSE Corporate Adviser)
Brian Stockbridge
END
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