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Anemoi International Ltd (AMOI)
Anemoi International Ltd: Proposed Acquisition of Trasna Solutions
Technologies Limited
27-Oct-2025 / 07:15 GMT/BST
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Anemoi International Ltd
Anemoi International Ltd
(Reuters: AMOI.L, Bloomberg: AMOI:LN)
("Anemoi" or the "Company")
Proposed Acquisition of Trasna Solutions Technologies Limited
The Company is pleased to announce that it has entered into a non-binding
term sheet (the “Term Sheet”) for the proposed acquisition of 100% of the
issued share capital of Trasna Solutions Technologies Limited (“Trasna”)
by way of a reverse takeover (“RTO”) (the "Proposed Transaction").
Highlights
• Acquisition of Trasna for total consideration of up to £150 million,
payable entirely via the issue of new ordinary shares in Anemoi at a
price of £0.02 per ordinary share, which represents a rounded book
value per share as at 30 June 2025.
• Headquartered in Ireland, Trasna provides hardware and software for
cellular connectivity solutions and has a presence in Ireland, France,
Germany, Italy, India and the UAE
• On completion of the Proposed Transaction the Company will apply for
re-admission of the enlarged group’s shares to trading on the Main
Market of the London Stock Exchange in the Equity Shares (Commercial
Companies) category
• The Term Sheet is binding as to exclusivity until 31 December 2025 and
may only be terminated earlier by mutual consent
• Upon completion of the Proposed Transaction, it is proposed that the
name of the Company be changed to “Trasna Technologies Ltd”
• The Proposed Transaction was introduced to the Company by Peterhouse
Capital Ltd, its broker
Trasna Solutions Technologies Limited
About Trasna
1 https://www.trasna.io/
Trasna is a global technology leader specialising in semiconductor and
mobile Internet of Things (“IoT”) solutions. With more than 600 employees
and 200 clients worldwide, it combines expertise in semiconductors, secure
data management, edge computing, AI, and blockchain to create innovative,
end-to-end solutions - from chip design and SIM manufacturing to
over-the-air subscription and device management.
Trasna is a forward-thinking, technology-driven company considered more
agile and leaner than traditional market players, providing value to its
clients through security, efficiency, and innovation. From chip to cloud,
it offers advanced solutions that connect people and devices at scale,
enabling transformative experiences for mass IoT.
Trasna provides end-to-end cellular IoT solutions with a fully integrated
hardware and software stack, providing complete IoT lifecycle management
solutions. Trasna’s aim is the simplification of mass IoT, focusing on
security, efficiency, and innovation. Trasna has been hailed as one of the
most complete, innovative, and fastest-to-deploy eSIM solution providers
in the World.
Rationale for the Proposed Transaction
The Directors of Anemoi consider the Proposed Transaction to be a
transformational, value enhancing transaction for all Company
stakeholders, and one which is fully aligned with the Company's stated
strategy to identify a RTO target of size and demonstrable growth
potential.
Proposed Transaction Details
Pursuant to the Term Sheet, it is proposed that the entire issued share
capital of Trasna be acquired for total consideration of up to £150
million to be satisfied entirely by the issue of new ordinary shares /
depositary interests in the capital of the Company to the shareholders of
Trasna (“Consideration Shares”) at a price of £0.02 per ordinary share,
which represents a rounded book value per share as at 30 June 2025.
Post-RTO, the Consideration Shares will represent approximately 95% of the
share capital of the enlarged group.
The Term Sheet is binding as to exclusivity until 31 December 2025 and may
only be terminated earlier by mutual consent.
Upon completion of the Proposed Transaction, it is proposed that the name
of the Company be changed to Trasna Technologies Ltd.
The Proposed Transaction remains subject to various conditions, including
full due diligence and a fundraise at the time of the RTO and Re-admission
(defined below). Due to the size of the Proposed Transaction relative to
the Company's market capitalisation, the Proposed Transaction will be
classified as a reverse takeover. The Company will be seeking re-admission
and trading of its shares to the Equity Shares (Commercial Companies)
category on the Main Market of the London Stock Exchange (“Re-admission”)
and will, in due course, publish a prospectus.
Following Re-admission, the board of Anemoi will comprise 3 directors
appointed by Trasna and 2 remaining Anemoi directors, Duncan Soukup and
Richard Emanuel.
Shareholders should be aware that there is a possibility that the Proposed
Transaction will not proceed or that the terms may change depending upon
the outcome of due diligence. The Company will provide further updates on
the Proposed Transaction in due course.
Duncan Soukup, Chairman of Anemoi, commented:
"We are extremely pleased to have signed heads of terms with Trasna. We
believe the proposed transaction presents a significant, and scalable
growth opportunity for both AMOI- as well as Trasna shareholders; we look
forward to working with the Trasna team."
Stéphane Fund, Founder and CEO of Trasna, commented:
"This marks a defining moment in Trasna’s journey. By joining forces with
Anemoi, we are opening a new chapter. One that gives Trasna the reach,
visibility, and capital framework of a listed company. Our goal remains
clear: to make connected devices smarter, more secure, and more accessible
worldwide”
END
2 www.anemoi-international.com
Anemoi International Ltd 3 enquiries@anemoi-international.com
4 www.trasna.io
Trasna Solutions Technologies
Limited 5 media@trasna.io
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Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: VGG0419A1057
Category Code: MSCU
TIDM: AMOI
LEI Code: 213800MIKNEVN81JIR76
Sequence No.: 406211
EQS News ID: 2218686
End of Announcement EQS News Service
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References
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3. mailto:enquiries@anemoi-international.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1c5639510e16905daade0fe1fe18cdd3&application_id=2218686&site_id=reuters~~~787b94c3-8286-43cc-98b3-26b1dc52d810&application_name=news
5. mailto:media@trasna.io
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