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Asimilar Group Plc

Delisting Announcement Dec 16, 2022

6087_rns_2022-12-16_1323bf3f-7374-4157-ae8f-ad1a0160a1a9.html

Delisting Announcement

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National Storage Mechanism | Additional information

RNS Number : 9786J

Asimilar Group PLC

16 December 2022

16 December 2022

Asimilar Group plc

('Asimilar' or the 'Company')

Update re: Dev Clever Holdings 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 Dev Clever Holdings plc ("Dev Clever"), regarding its decision to submit a request to the Financial Conduct Authority for the cancellation of the listing of its ordinary shares on the Official List and trading on the London Stock Exchange.

The Dev Clever announcement can be viewed in full via the link below:

https://www.londonstockexchange.com/news-article/DEV/statement-re-cancellation-of-listing-and-rebrand/15760982

Asimilar has an interest in 72.3 million ordinary shares in Dev Clever representing approximately 8.5% of Dev Clever's issued share capital.  In addition, Asimilar retains a warrant to subscribe for a further 35 million new ordinary shares in Dev Clever at 25 pence per Dev Clever share.

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Contacts

Asimilar Group plc
John Taylor, Non-Executive Chairman via Buchanan
Cairn Financial Advisers LLP (AIM Nominated Adviser)
Sandy Jamieson / Liam Murray Tel: +44 20 7213 0880
Peterhouse Capital Limited (Joint Broker)
Duncan Vasey / Lucy Williams Tel: + 44 20 7220 9797
Oberon Capital (Aquis Corporate Adviser and Joint Broker)
Chris Crawford Tel: +44 20 7179 5300
Buchanan Communications Limited
Richard Oldworth / Chris Lane Tel: +44 (0) 20 7466 5000

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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