AIQ Aiq Limited

TIDMAIQ

RNS Number : 6290B

AIQ Limited

11 January 2018

11 January 2018

For Immediate Release

AIQ Limited

("AIQ" or the "Company")

Share Price Movement

The Directors of AIQ Limited (LSE: AIQ), which commenced trading on the London Stock Exchange's Main Market for listed securities on 9 January 2018 at 8 pence per ordinary share, notes the recent significant increase in the Company's share price. Whilst the Company is not aware of any specific reasons that support this increase, however, the size of the fund raise (net proceeds of GBP3.6m) and the clean nature of the special purpose acquisition company ("SPAC") may have contributed to this rise.

AIQ is a SPAC incorporated in the Cayman Islands, formed to undertake one or more acquisitions of target companies or businesses in the e-commerce sector.

Enquires

 
 AIQ Limited                       +44 (0) 754 900 5681 
 Graham Duncan, Chairman 
 
 VSA Capital Limited (Financial 
  Adviser & Corporate Broker)      +44 (0) 20 3005 5000 
 Andrew Raca 
 
 L&S Group Limited (Listing            +44 (0) 7496 493 
  Coordinator)                                      656 
 Ivy Wang 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 11, 2018 06:27 ET (11:27 GMT)

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