Extension of Warrant Exercise Date

RNS Number : 2066U

Asimilar Group PLC

31 March 2021

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).

31 March 2021

ASIMILAR GROUP PLC ('ASIMILAR' OR 'THE COMPANY')

Extension of Warrant Exercise Deadline

Asimilar Group plc (AIM: ASLR), the AIM quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT), announces that it has extended the expiry date in relation to the 11,562,500 warrants issued by the Company with an exercise price of 30p per share in conjunction with a placing announced on 18 December 2019 ("Warrants").  As at the time of this announcement, 3,750,000 Warrants have already been exercised. 

The Company has agreed to extend the final exercise date of the Warrants from 5pm on 31 March 2021 to 5pm on 9 April 2021.  The extension has been agreed by the relevant warrant holders and the Company pursuant to the terms of the warrant instrument.

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For further information please contact:

	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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