Marriott Harrison advises Imaginatik Plc on a Substantial Disposal

Wednesday 20th February, 2019

Marriott Harrison advised long standing AIM listed innovation enabler Imaginatik Plc on its disposal of its innovation services business to Canadian innovation enabler Planbox Inc. As part of the transaction, Imaginatik Plc changed its name to Abal Group Plc and has become an AIM listed cash shell. It will now consider appropriate investment and acquisition opportunities. The Marriott Harrison team included Hugh Gardner  from the corporate department and Ed Belam who provided advice on the employment aspects, in particular in relation to the position of transferring and non-transferring employees both in the UK and those involved in the company’s operations in the United States.