Cykel AI PLC Suspension of Trading (0842A)
18 Januar 2024 - 8:00AM
UK Regulatory
TIDMCYK
RNS Number : 0842A
Cykel AI PLC
18 January 2024
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended). Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
18 January 2024
Cykel AI plc
("Cykel AI" or the "Company")
Suspension of Trading
Cykel AI PLC (AQSE: CYK) , a leading innovator in artificial
intelligence solutions, announces that trading in the Company's
shares will be suspended with effect from 8:00am today. A further
announcement will be made later today.
About Cykel AI
Cykel AI is a software business developing advanced artificial
intelligence ("AI") products, intending to offer these to
businesses and consumers through a "software as a service" (SaaS)
model. The Company is developing a machine learning model that
seamlessly engages with all facets of the user's computer
environment.
The model will be trained to harness the capabilities of all
existing software tools, application programming interfaces (APIs),
and web-based applications, a novel methodology for task execution,
translating user objectives articulated in plain language into
tangible actions executed within their daily software applications.
The Company's software is intricately designed and trained to
execute commands in response to natural language directives,
specifically within the realm of computer interfaces.
For more information and updates, please visit www.cykel.ai
.
The Directors of the Company accept responsibility for this
announcement.
For further information please contact:
Cykel AI PLC
--------------------------------------------
Jonathan Bixby Via First Sentinel
------------------ ------------------------
First Sentinel (Corporate Adviser)
--------------------------------------------
Brian Stockbridge brian@first-sentinel.com
+44 (0) 20 3855 5551
------------------ ------------------------
Clear Capital Markets (Broker)
--------------------------------------------
Bob Roberts +44 (0) 20 3869 6080
------------------ ------------------------
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END
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