REG - Asimilar Group PLC - Update re: Dev Clever Holdings plc

AsimilarAnnouncement

16/12/2022 08:00

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RNS Number : 9786J  Asimilar Group PLC  16 December 2022

16 December 2022

 

 

Asimilar Group plc

 

('Asimilar' or the 'Company')

 

Update re: Dev Clever Holdings 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 Dev Clever Holdings plc ("Dev Clever"), regarding its decision to
submit a request to the Financial Conduct Authority for the cancellation of
the listing of its ordinary shares on the Official List and trading on the
London Stock Exchange.

 

The Dev Clever announcement can be viewed in full via the link below:

 

https://www.londonstockexchange.com/news-article/DEV/statement-re-cancellation-of-listing-and-rebrand/15760982
(https://www.londonstockexchange.com/news-article/DEV/statement-re-cancellation-of-listing-and-rebrand/15760982)

 

Asimilar has an interest in 72.3 million ordinary shares in Dev Clever
representing approximately 8.5% of Dev Clever's issued share capital.  In
addition, Asimilar retains a warrant to subscribe for a further 35 million new
ordinary shares in Dev Clever at 25 pence per Dev Clever share.

 

-Ends-

Contacts

 Asimilar Group plc
 John Taylor, Non-Executive Chairman                        via Buchanan

 Cairn Financial Advisers LLP (AIM Nominated Adviser)
 Sandy Jamieson / Liam Murray                               Tel: +44 20 7213 0880

 Peterhouse Capital Limited (Joint Broker)
 Duncan Vasey / Lucy Williams                               Tel: + 44 20 7220 9797

 Oberon Capital (Aquis Corporate Adviser and Joint Broker)
 Chris Crawford                                             Tel: +44 20 7179 5300

 Buchanan Communications Limited
 Richard Oldworth / Chris Lane                              Tel: +44 (0) 20 7466 5000

 

 

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