TIDMASLR

RNS Number : 4881C

Asimilar Group PLC

23 February 2022

The information contained in this announcement is deemed by the Company to constitute inside information as stipulated under the EU Market Abuse Regulation (596/2014). Upon publication of the announcement via a regulatory information service, this information is considered to be in the public domain.

23 February 2022

ASIMILAR GROUP PLC ('ASIMILAR' OR 'THE COMPANY')

Exercise of 240,000 Warrants, Issue of Equity and Total Voting Rights

Asimilar Group plc (AIM: ASLR), the AIM quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT) , hereby announces that the Company has received a subscription notice exercising warrants to subscribe for 240,000 new ordinary shares in the Company at a subscription price of 5 pence per share (the "New Shares").

Application will be made for the admission of the 240,000 New Shares to trading on AIM and it is expected that dealings in the New Shares will commence on or around 28 February 2022. On admission the New Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Total Voting Rights

Following admission of the New Shares the total issued share capital of the Company will consist of 121,923,943 Ordinary Shares, each with voting rights. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

-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

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END

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February 23, 2022 02:00 ET (07:00 GMT)

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