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Admission to AIM

21st Aug 2015 07:00

RNS Number : 6830W
365 Agile Group PLC
21 August 2015
 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, AUSTRALIA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.

 

365 Agile Group plc

("365 Agile" or "the Company")

Admission to AIM

365 Agile (formerly known as Iafyds plc) is pleased to announce the commencement of dealings in its ordinary shares at 8.00 a.m. today on the AIM market of the London Stock Exchange under the ticker "365" following the reverse takeover of 365 Agile Limited ("Admission").

Key Points

· 365 Agile's core product offering, Agile, is an innovative software platform which provides a new way of working:

· Enables businesses to streamline process and reduce operational costs whilst improving customer service.

· Allows field based/ customer facing teams to securely access any system, data and/or document from any global location.

· Users can work remotely whilst having access to all of the information in existing back-office systems.

· Technology stack built on Microsoft's Azure cloud providing secure connectivity from smart phones & tablet devices

· Allows users to capture, upload and stream audio, video, images, documents and data, via a single pane of glass (e.g. smartphones, tablets).

 

· 365 Agile also offers a complete eco-system for Internet of Things ("IoT") solutions

· Includes a secure two-way radio communication protocol allowing devices to be 'smart' enabled.

· Allowing organisations to harvest data from a multitude of smart sensors in the field such as temperature, moisture, movement, light and pressure.

 

· Microsoft has published a case study about 365 Agile's product and is actively working with the company to promote IoT software & hardware solutions built on Azure.

 

· In conjunction with Admission, 365 Agile has raised £2.24m (before expenses) by way of a placing of new ordinary shares at a price of 75 pence per new ordinary share.

 

Jonathan Holyhead, CEO of 365 Agile commented:

 

"Joining AIM is a big step in developing the potential of our technology; the enhanced profile and additional capital will enable us to accelerate our product development and drive further growth in the company. This will assist us in increasing our presence in our current markets and will drive growth in future emerging solutions. Furthermore we are very excited about the potential of our IoT offering which has already been well received by industry partners and users. We believe our unique software & hardware solutions have the capability to deliver huge operational cost savings and service improvements across all sectors."

 

The Company's admission document is available at www.365agile.com

 

Contacts:

365 Agile Group plc

+44 (0)345 50 40 365

Jonathan Holyhead, CEO

 

 

finnCap Limited

+44 (0)20 7220 0500

Geoff Nash/Scott Mathieson

 

MXC Capital Advisory LLP

Marc Young/ Charlotte Stranner

 

 

 

+44 (0)20 7965 8149

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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