Update re: All Active Asset Capital plc

RNS Number : 9848D

Asimilar Group PLC

02 July 2021

 

2 July 2021

Asimilar Group plc

('Asimilar' or the 'Company')

Update re: All Active Asset Capital plc

Asimilar Group plc (AIM: ASLR), the AIM quoted investing company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT), notes the announcement made this morning by All Active Asset Capital plc ("AAA"), whose shares are currently admitted to AIM, regarding a placing and the proposed acquisition of 75% of Sentiance NV.  The proposed transaction involves the issue of 500 million new AAA ordinary shares to MESH Holdings plc ("MESH") or as MESH directs.  Asimilar holds 24 million shares in MESH, representing 8.3% of MESH's current published issued share capital.

The AAA announcement can be viewed in full in the link below:

https://www.londonstockexchange.com/news-article/AAA/proposed-placing-acquisition-and-cancellation/15042861

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Contacts

Asimilar Group plc
John Taylor, Non-Executive Chairman	via Buchanan
Cairn Financial Advisers LLP
Sandy Jamieson / Liam Murray	Tel: [phone]
Peterhouse Capital Limited
Duncan Vasey / Lucy Williams	Tel: + 44 20 7220 9797
Buchanan Communications Limited
Richard Oldworth / Chris Lane	Tel: [phone]

 

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