REG - Asimilar Group PLC - Exercise of Warrants

AsimilarAnnouncement

07/04/2021 13:50

RNS Number : 7110U
  
Asimilar Group PLC
  
07 April 2021
  
 

The information contained in this announcement is deemed by the Company to constitute inside information as stipulated under the EU Market Abuse Regulation (596/2014). Upon publication of the announcement via a regulatory information service, this information is considered to be in the public domain.
7 April 2021
 
 
ASIMILAR GROUP PLC ('ASIMILAR' OR 'THE COMPANY')
 
Exercise of 250,000 Warrants, Issue of Equity and Total Voting Rights
 
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), hereby announces that the Company has received subscription notices exercising warrants to subscribe for 250,000 new ordinary shares in the Company at a subscription price of 5 pence per share (the "New Shares").
 
Application will be made for the admission of the 250,000 New Shares to trading on AIM and it is expected that dealings in the New Shares will commence on or around 13 April 2021.  On admission the New Shares will rank pari passu in all respects with the Company's existing ordinary shares.
Total Voting Rights
Following admission of the New Shares the total issued share capital of the Company will consist of 119,308,943 Ordinary Shares, each with voting rights. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
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Contacts



Asimilar Group plc








John Taylor, Non-Executive Chairman


via Buchanan














Cairn Financial Advisers LLP








Sandy Jamieson / Liam Murray


Tel: +44 20 7213 0880














Peterhouse Capital Limited








Duncan Vasey / Lucy Williams


Tel: + 44 20 7220 9797














Buchanan Communications Limited








Richard Oldworth / Chris Lane


Tel: +44 (0) 20 7466 5000



 
 
 

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