REG - Asimilar Group PLC - Update re: All Active Asset Capital plc

AsimilarAnnouncement

02/07/2021 07:40

RNS Number : 9848D
  
Asimilar Group PLC
  
02 July 2021
  
 

2 July 2021
 
 
Asimilar Group plc
 
('Asimilar' or the 'Company')
 
Update re: All Active Asset Capital plc
 
Asimilar Group plc (AIM: ASLR), the AIM quoted investing company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT), notes the announcement made this morning by All Active Asset Capital plc ("AAA"), whose shares are currently admitted to AIM, regarding a placing and the proposed acquisition of 75% of Sentiance NV.  The proposed transaction involves the issue of 500 million new AAA ordinary shares to MESH Holdings plc ("MESH") or as MESH directs.  Asimilar holds 24 million shares in MESH, representing 8.3% of MESH's current published issued share capital. 
 
The AAA announcement can be viewed in full in the link below:
 
https://www.londonstockexchange.com/news-article/AAA/proposed-placing-acquisition-and-cancellation/15042861
 
-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




 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
UPDFZGGNVZZGMZG