Aquis Stock Exchange: Application for Admission Announcement

Aquis Stock Exchange has announced an application for admission by IntelliAM AI Plc to the Aquis Growth Market. IntelliAM is a software company that leverages AI and machine learning to enhance manufacturing efficiency. Based in Sheffield, the company provides insights on productivity, reliability, and sustainability through extensive data analysis.

The board includes notable figures such as David James Richards, MBE, and Dame Julie Kenny, DBE, DL. An additional Independent Non-Executive Director is expected to join within six months of admission. IntelliAM is acquiring 53 Degrees North Engineering Limited to enhance its consultancy services.

Oberon Investments Limited is acting as the corporate adviser. The expected admission date is July 3, with 16,382,534 ordinary shares at £0.005 to be admitted initially. Post-admission, 16.5% of shares will be in public hands. Key shareholders include Yorkshire AI Labs and Gresham House Asset Management.