3 March 2025
Aukett Swanke Group
Plc
("Aukett Swanke",
the "Company," or, together with its subsidiaries, the
"Group")
Change of Name to Built Cybernetics
plc
Aukett Swanke (AIM: AUK), the smart buildings
and architecture group, is pleased to announce that
it has changed its name to Built Cybernetics plc (AIM:
BUC).
The Directors believe that the Built
Cybernetics name better aligns with the Group's strategic focus as
a PropTech group.
The Company is exploring partnerships and
investments that further its capabilities in Machine Learning, AI
and cybernetics. The Group's ecoDriver business has successfully
introduced AI into its software that identifies wasted energy in
hospitals, schools and commercial buildings, and the Innovate UK
funded programme to develop responsible AI for the built
environment concluded on Friday 28 February. The Group's Vanti
business is progressing a significant number of promising
opportunities for Smart Core, the open source Building Operating
System developed by Vanti. Including sites being commissioned,
Smart Core is now deployed over commercial floorspace in excess of
2 million sq ft.
Companies House processed the change of name to
Built Cybernetics plc on 27 February 2025 and a certificate
evidencing this has now been issued. The Company confirms that the
change of name has been notified to the London Stock Exchange and
trading in the Company's shares under the new company name and the
new TIDM "BUC" is expected to commence tomorrow
(4 March 2025) at 8.00
a.m.
The Company's SEDOL (0061795), ISIN
(GB0000617950), and LEI (213800WWNHLPUBSUK220) remain unchanged.
Existing share certificates should be retained and will
remain valid.
The Company's new website can be found at
https://www.builtcybernetics.com/,
and includes information pursuant to Rule 26 of the AIM Rules for
Companies. The new site hosts all Built
Cybernetics investor content and the investor hub on a single
integrated platform to better inform and engage with investors and
stakeholders, including announcements, reports, presentations, and interviews. The investor hub provides an interactive online experience
allowing Built Cybernetics shareholders to comment and ask questions via a portal
which will be monitored, with any responses made available to all
investors.
How
to sign up for the Built Cybernetics investor
hub:
1. Visit https://www.builtcybernetics.com/
2. Follow the prompts to sign up for
an investor hub account
3. Complete your account
profile
Nick Clark, Chief Executive of Built Cybernetics plc,
commented:
"The Aukett Swanke name has a proud history, and remains the
name of our full service UK architecture business. However, having
the same name for the parent company was already creating confusion
for prospective clients of Veretec, our fast growing delivery
architecture business.
Changing the Company's name to Built Cybernetics plc makes it
easier to explain to the market that our future is increasingly
about the design, delivery, and operation of truly intelligent
buildings where AI takes decisions to deliver a better experience
for users, at lower financial and environmental
cost.
We
see our new Investor Hub website as a means of delivering this
message, allowing both current and prospective shareholders to
connect with Built Cybernetics and better understand our goals. We
encourage our stakeholders to explore the site as we expand the
content and update the market on our progress."
For further
information, please contact:
|
Investor
Enquiries
We encourage all investors to share questions
on this announcement via our investor hub
|
https://builtcybernetics.com/link/lPdwar
|
|
Built
Cybernetics plc
Nick Clark, Chief Executive
|
+44 (0) 20 7843
3001
|
|
Strand Hanson
Limited, Financial and Nominated Advisor
Richard Johnson, James Bellman
|
+44 (0) 20 7409
3494
|
|
Zeus Capital
Limited, Broker
Simon Johnson, Louisa Waddell
|
+44 (0) 20 3829
5000
|
About Built
Cybernetics plc
Built Cybernetics is a London-quoted
PropTech group delivering Smart Buildings and related services. The
Group is uniquely positioned to ensure the technical systems that
run modern premises are designed as an integral part of the
structure, from the outset. By
cross-selling smart buildings services alongside our renowned
architecture projects, the Group's strategy positions Built
Cybernetics plc to build beyond one-off project fees and generate
scalable and recurring revenues for our investors.
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