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Cykel AI PLC - Suspension of Trading


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Cykel AI PLC · CYK

18/01/2024 07:00

Cykel AI PLC - Suspension of Trading
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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