Asimilar Group PLC

Update re: All Active Asset Capital plc

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:






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



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