Update re: Dev Clever Holdings plc

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

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: [phone]
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: [phone]
Buchanan Communications Limited
Richard Oldworth / Chris Lane	Tel: [phone]

 

END

 

 

MSCBKABNOBDKPBD