Asimilar Group Plc

Capital/Financing Update • Jul 2, 2021

National Storage Mechanism | Additional information

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

-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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.

END

UPDFZGGNVZZGMZG