REG - Asimilar Group PLC - Exercise of Warrants

AsimilarAnnouncement

23/02/2022 07:00

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RNS Number : 4881C  Asimilar Group PLC  23 February 2022

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.

23 February 2022

 

 

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

 

Exercise of 240,000 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 a subscription notice exercising warrants to subscribe for
240,000 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 240,000 New Shares to
trading on AIM and it is expected that dealings in the New Shares will
commence on or around 28 February 2022.  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 121,923,943 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.

-Ends-

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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