Authority to repurchase shares & notice of meeting

RNS Number : 8551Y

AssetCo PLC

09 September 2022

 

9 September 2022

LEI: 213800LFMHKVNT27GV45

AssetCo plc ("AssetCo" or the "Company")

Authority to repurchase shares

AssetCo announces that it intends to seek approval from its shareholders for the authority to make market purchases of Ordinary Shares up to a maximum of 14,929,297 Ordinary Shares, representing up to 10 per cent. of the issued share capital of the Company. This increased authority reflects the increase in the Company's issued share capital following the issue of shares as consideration for the acquisition of River and Mercantile Group PLC and under various Company incentive plans.

The Company will on Monday 12 September 2022 post a notice of a general meeting of the Company to be held at 3pm on 28 September 2022 at which a special resolution to grant the Company the authority to make market purchases of Ordinary Shares as described above will be proposed.

For further information, please contact:

AssetCo plc Campbell Fleming, CEO Peter McKellar, Deputy Chairman Tel: [phone]	Numis Securities Limited Nominated adviser and joint broker Giles Rolls / Charles Farquhar Tel: [phone]
Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie Tel: [phone]	Maitland/AMO Neil Bennett Rachel Cohen Tel: [phone]

For further details, visit the website, www.assetco.com

Ticker: AIM: ASTO.L

 

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