All Active Asset Capital Limited MESH Holdings increases stake in Sentiance (3038K)
31 December 2020 - 10:30PM
UK Regulatory
TIDMAAA
RNS Number : 3038K
All Active Asset Capital Limited
31 December 2020
31 December 2020
All Active Asset Capital Limited
('AAA' or 'the Company')
MESH Holdings plc completion of further Sentiance NV equity
subscription
Further to the Company's announcement of 17 December 2020, the
Board of AAA has been informed by MESH Holdings plc ('MESH') that
MESH completed the subscription for a further 5,000 ordinary
Sentiance NV ('Sentiance') shares yesterday. As a result, MESH now
holds 21,333 ordinary Sentiance shares, representing 21.7% of
Sentiance's current issued share capital. It remains the stated
objective of MESH to further increase its shareholding in Sentiance
in the near term.
AAA owns a Convertible Loan Note of EUR3.65 million in MESH.
This can be converted, at the sole discretion of AAA, into ordinary
MESH shares at 40 pence per share.
Sentiance is an emerging and leading organisation within
behavioural, ethical artificial intelligence and machine learning
with its 'Motion Intelligence' and 'Behavioural Change Platform'
technologies. Sentiance has recently announced new partnerships,
extended partnerships and contracts with well-known international
businesses, including several within the Fortune 500.
For further information:
All Active Asset Capital Limited
James Normand, Non-Executive Chairman
Rodger Sargent, Executive Director
www.aaacap.com
Allenby Capital Limited (Nominated Adviser and Broker)
Alex Brearley / Nick Athanas
T: +44 (0) 203 328 5656
www.allenbycapital.com
Buchanan (Financial PR)
Richard Oldworth / Chris Lane / Toto Berger
T: +44 (0) 207 466 5000
E: AAAC@buchanan.uk.com
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END
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