TIDMASLR

RNS Number : 3564Z

Asimilar Group PLC

14 September 2022

The information contained in this announcement is deemed by the Company to constitute inside information as stipulated under the EU Market Abuse Regulation (596/2014). Upon publication of the announcement via a regulatory information service, this information is considered to be in the public domain.

14 September 2022

ASIMILAR GROUP PLC ('ASIMILAR' OR 'THE COMPANY')

Director's Dealing

Asimilar Group plc (AIM: ASLR), the AIM quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT) , hereby announces that it was informed on 13 September 2022 that Dewscope Limited, in which Mark Horrocks (Non-Executive Director of the Company) has a 49% interest, purchased 750,000 Asimilar ordinary shares at a price of 4.1p per share on 9 September 2022.

Following the acquisition, Mr Horrocks's interest in the Company, including the shares held by his mother, Mrs DJ Horrocks, and Dewscope Limited, (in future to be referred to as "Mark Horrocks & Family Interests") is 6,486,280 ordinary shares, representing 5.27% of Asimilar's issued share capital.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                          Mark Horrocks 
     ------------------------------------------------------------  -------------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Non-executive Director 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Initial notification/Amendment                                Initial notification 
     ------------------------------------------------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Asimilar Group Plc 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   LEI                                                           213800AYJZ2B8QNY7H15 
     ------------------------------------------------------------  -------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ---------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of instrument   Ordinary shares of 0.01 pence per share par value 
 
       Identification code                                           GB00BFX2VL54 
     ------------------------------------------------------------  -------------------------------------------------- 
 b)   Nature of the transaction                                     Purchase of shares 
     ------------------------------------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                       4.1p       750,000 
                                                                                 ---------- 
     ------------------------------------------------------------  -------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume 
       -  Price                                                       As above 
                                                                      As above 
     ------------------------------------------------------------  -------------------------------------------------- 
 e)   Date of the transaction                                       9 September 2022 
     ------------------------------------------------------------  -------------------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange, AIM 
     ------------------------------------------------------------  -------------------------------------------------- 
 

-Ends-

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

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September 14, 2022 02:02 ET (06:02 GMT)

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