TIDMASLR

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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(END) Dow Jones Newswires

July 02, 2021 02:35 ET (06:35 GMT)

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