REG - AssetCo PLC - Authority to repurchase shares & notice of meeting

AssetcoAnnouncement

09/09/2022 07:00

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RNS Number : 8551Y  AssetCo PLC  09 September 2022

9 September 2022

LEI: 213800LFMHKVNT27GV45

 

AssetCo plc ("AssetCo" or the "Company")

Authority to repurchase shares

AssetCo announces that it intends to seek approval from its shareholders for
the authority to make market purchases of Ordinary Shares up to a maximum of
14,929,297 Ordinary Shares, representing up to 10 per cent. of the issued
share capital of the Company. This increased authority reflects the increase
in the Company's issued share capital following the issue of shares as
consideration for the acquisition of River and Mercantile Group PLC and under
various Company incentive plans.

 

The Company will on Monday 12 September 2022 post a notice of a general
meeting of the Company to be held at 3pm on 28 September 2022 at which a
special resolution to grant the Company the authority to make market purchases
of Ordinary Shares as described above will be proposed.

 

For further information, please contact:

 AssetCo plc                                Numis Securities Limited

 Campbell Fleming, CEO                      Nominated adviser and joint broker

 Peter McKellar, Deputy Chairman            Giles Rolls / Charles Farquhar

 Tel: +44 (0) 785 0464 301                  Tel: +44 (0) 20 7260 1000

 Panmure Gordon (UK) Limited                Maitland/AMO

 Joint broker                               Neil Bennett

 Charles Leigh-Pemberton / Atholl Tweedie   Rachel Cohen

 Tel: +44 (0) 20 7886 2906                  Tel: +44 (0) 20 7379 55151

For further details, visit the website, www.assetco.com
(http://www.assetco.com)

Ticker: AIM: ASTO.L

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