REG - Ashington Innovation - Retrospective applications and corrections

Ashington InnovationAnnouncement

31/07/2024 07:00

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RNS Number : 4730Y  Ashington Innovation PLC  31 July 2024

The information contained within this announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014, as retained as part of the law of England and Wales. Upon
the publication of this announcement via the Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

Press Release

 

31 July 2024

Ashington Innovation plc

 

("Ashington" or "the Company")

 

Retrospective applications and corrections

 

Further to the announcement made on 20 December 2023, Ashington Innovation plc
(LSE: ASHI; FSE: 6FW), a special purpose acquisition company ("SPAC"),
clarifies that retrospective applications are being made for the 1,200,000
ordinary shares referenced in that announcement, to be admitted to the Equity
Shares (Shell Companies) category of the Official List and to trading on the
Main Market of the London Stock Exchange plc, which is expected to occur on or
around 8.00am on 5 August 2024 ("Admission").

 

The following corrections are being made to the announcement made on 25 July
2024:

 

 ·         the 10,000,000 ordinary shares referenced in that announcement will be
           admitted to the Equity Shares (Shell Companies) category, which is expected to
           occur on or around 8.00am on 1 August 2024; and
 ·         upon Admission, the resulting total number of issued shares and the total
           number of voting rights in the Company will be 72,597,900.

 

For further information please contact:

 Ashington Innovation plc
 Jason Smart                                                        via Tancredi +44 207 887 7633

 Non-Executive Director
 Tancredi Intelligent Communication

 Media Relations
 Helen Humphrey                                                     +44 7449 226 720

 Charlie Hobbs                                                      +44 7897 557 112

 Neha Dhakal                                                        +44 7915 035 294

 ashington@tancredigroup.com (mailto:ashington@tancredigroup.com)

 

About Ashington Innovation plc

 

Ashington Innovation plc is a special purpose acquisition company (SPAC),
formed with the intention of acquiring businesses operating in the technology
sector, in particular the financial services technology and deep technology
sectors.

 

The Company believes that in the increasingly fast-changing global environment
there will be an abundance of opportunities to acquire existing businesses in
the technology sector, and in particular businesses that possess and utilise
proprietary technologies and own applicable intellectual property.

 

The Company is not limited to any specific geographic region in identifying
its target companies. www.ashingtoninnovation.com
(http://www.ashingtoninnovation.com) .

 

Forward-looking statements:

This announcement may contain "forward-looking" statements and information
relating to the Company. These statements are based on the beliefs of Company
management, as well as assumptions made by and information currently available
to Company management. The Company does not undertake to update
forward‐looking statements or forward‐looking information, except as
required by law.

 

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