All Active Asset Capital Limited Statement re Announcement by Asimilar (7340W)
August 20 2020 - 6:10AM
UK Regulatory
TIDMAAA
RNS Number : 7340W
All Active Asset Capital Limited
20 August 2020
20 August 2020
All Active Asset Capital Limited
('AAAC')
Statement re Announcement by Asimilar
The Board of AAAC notes that Asimilar Group plc ("Asimilar") has
today made an announcement ("the Asimilar Announcement"). This is
reproduced below. AAAC's current investment portfolio includes
equity, warrants and options over warrants in Asimilar. As noted in
previous AAAC announcements, Asimilar's shares were suspended from
trading on AIM on 14 February 2020, due to Asimilar seeking to make
a potential investment in Sentiance NV ("Sentiance"). A summary of
AAAC's interests in Asimilar is provided in AAAC's announcement of
26 June 2020.
The text of the Asimilar Announcement is as follows:
Asimilar Group plc
('Asimilar' or the 'Company')
MESH AGM
Further to its announcement on 3 August 2020, 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) , is pleased to note
that, at the AGM held earlier today by Mesh Holdings plc ("MESH"),
all resolutions were duly passed.
Completion of the Assignment to MESH of Asimilar's interest and
rights to acquire shares in Sentiance NV is due to complete on 24
August 2020, whereupon it is expected that the suspension of
trading in the Company's shares will be lifted.
A further announcement will be made in due course.
For further information:
All Active Asset Capital Limited
James Normand, Non-Executive Chairman
Rodger Sargent, Executive Director
T: +44 (0) 7779 799431
www.aaacap.com
Allenby Capital Limited (Nominated Adviser and Broker)
Alex Brearley / Nick Athanas
T: +44 (0) 203 328 5656
www.allenbycapital.com
Buchanan (Financial PR)
Richard Oldworth / Chris Lane / Toto Berger
T: +44 (0) 207 466 5000
E: AAAC@buchanan.uk.com
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contact rns@lseg.com or visit www.rns.com.
END
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