The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Press Release
31 July 2024
Ashington Innovation plc
("Ashington" or "the Company")
Retrospective applications and corrections
Further to the announcement made on 20 December 2023, Ashington Innovation plc (LSE: ASHI; FSE: 6FW), a special purpose acquisition company ("SPAC"), clarifies that retrospective applications are being made for the 1,200,000 ordinary shares referenced in that announcement, to be admitted to the Equity Shares (Shell Companies) category of the Official List and to trading on the Main Market of the London Stock Exchange plc, which is expected to occur on or around 8.00am on 5 August 2024 ("Admission").
The following corrections are being made to the announcement made on 25 July 2024:
| · | the 10,000,000 ordinary shares referenced in that announcement will be admitted to the Equity Shares (Shell Companies) category, which is expected to occur on or around 8.00am on 1 August 2024; and |
| · | upon Admission, the resulting total number of issued shares and the total number of voting rights in the Company will be 72,597,900. |
For further information please contact:
| Ashington Innovation plc | |
| Jason Smart Non-Executive Director | via Tancredi +44 207 887 7633 |
| Tancredi Intelligent Communication Media Relations | |
| Helen Humphrey Charlie Hobbs Neha Dhakal | +44 7449 226 720 +44 7897 557 112 +44 7915 035 294 |
About Ashington Innovation plc
Ashington Innovation plc is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector, in particular the financial services technology and deep technology sectors.
The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.
The Company is not limited to any specific geographic region in identifying its target companies. www.ashingtoninnovation.com.
Forward-looking statements:
This announcement may contain "forward-looking" statements and information relating to the Company. These statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
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