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Asimilar Group PLC (ASLR)

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Friday 02 July, 2021

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:

 

https://www.londonstockexchange.com/news-article/AAA/proposed-placing-acquisition-and-cancellation/15042861

 

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Contacts

 

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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