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:
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Contacts
| Asimilar Group plc |
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| John Taylor, Non-Executive Chairman | via Buchanan |
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| Cairn Financial Advisers LLP |
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| Sandy Jamieson / Liam Murray | Tel: +44 20 7213 0880 |
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| Peterhouse Capital Limited |
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| Duncan Vasey / Lucy Williams | Tel: + 44 20 7220 9797 |
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| Buchanan Communications Limited |
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| Richard Oldworth / Chris Lane | Tel: +44 (0) 20 7466 5000 |
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