Director's Dealing

RNS Number : 3564Z

Asimilar Group PLC

14 September 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.

14 September 2022

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

Director's Dealing

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 it was informed on 13 September 2022 that Dewscope Limited, in which Mark Horrocks (Non-Executive Director of the Company) has a 49% interest, purchased 750,000 Asimilar ordinary shares at a price of 4.1p  per share on 9 September 2022.

Following the acquisition, Mr Horrocks's interest in the Company, including the shares held by his mother, Mrs DJ Horrocks, and Dewscope Limited, (in future to be referred to as "Mark Horrocks & Family Interests") is 6,486,280 ordinary shares, representing 5.27% of Asimilar's issued share capital.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Horrocks
2	Reason for the notification
a)	Position/status	Non-executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Asimilar Group Plc
b)	LEI	213800AYJZ2B8QNY7H15
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.01 pence per share par value  GB00BFX2VL54
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 4.1p 750,000
d)	Aggregated information - Aggregated volume - Price	As above As above
e)	Date of the transaction	9 September 2022
f)	Place of the transaction	London Stock Exchange, AIM

-Ends-

Contacts

Asimilar Group plc
John Taylor, Non-Executive Chairman	via Buchanan
Cairn Financial Advisers LLP
Sandy Jamieson / Liam Murray	Tel: [phone]
Peterhouse Capital Limited
Duncan Vasey / Lucy Williams	Tel: + 44 20 7220 9797
Buchanan Communications Limited
Richard Oldworth / Chris Lane	Tel: [phone]

 

END

 

 

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