12-Dec-2023 / 07:00 GMT/BST
The issuer is solely responsible for the content of this announcement.
ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET
APPLICANT NAME:
Flex Labs Inc
APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
700-401 West Georgia Street
Vancouver, BC, V6B 5A1
Phone Number: +44 20 3036 7000
DIRECTORS AND PROPOSED DIRECTORS:
Mike Edwards, Executive Chairman
Elliot Fielding, Financial Director
Robert Mayfield, Independent Non-Executive Director
APPLICANT SECTOR:
Software and Computer Services
DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
Flex Labs Inc (“Flex” or the “Company”) is a software business engaged in the development of advanced artificial intelligence (“AI”) middleware products, intending to offer these to business customers through a “software as a service” (SaaS) model.
NAME OF AQUIS CORPORATE ADVISER:
First Sentinel Corporate Finance Limited
NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
114,110,666 Common Shares without par value
SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
10.48%
SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
Shareholder’s Name
On Admission (%)
Marallo Holdings Inc.*
32.42
Fidelio Partners Pte Ltd.
22.49
* The shares of Marallo Holdings Inc. are held by Mike Edwards.
TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
N/A
THE EXPECTED ADMISSION DATE:
On or around 15 December 2023
WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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