AssetCo PLC Authority to repurchase shares & notice of meeting (8551Y)
September 09 2022 - 1:01AM
UK Regulatory
TIDMASTO
RNS Number : 8551Y
AssetCo PLC
09 September 2022
9 September 2022
LEI: 213800LFMHKVNT27GV45
AssetCo plc ("AssetCo" or the "Company")
Authority to repurchase shares
AssetCo announces that it intends to seek approval from its
shareholders for the authority to make market purchases of Ordinary
Shares up to a maximum of 14,929,297 Ordinary Shares, representing
up to 10 per cent. of the issued share capital of the Company. This
increased authority reflects the increase in the Company's issued
share capital following the issue of shares as consideration for
the acquisition of River and Mercantile Group PLC and under various
Company incentive plans.
The Company will on Monday 12 September 2022 post a notice of a
general meeting of the Company to be held at 3pm on 28 September
2022 at which a special resolution to grant the Company the
authority to make market purchases of Ordinary Shares as described
above will be proposed.
For further information, please contact:
AssetCo plc Numis Securities Limited
Campbell Fleming, CEO Nominated adviser and joint
Peter McKellar, Deputy Chairman broker
Tel: +44 (0) 785 0464 301 Giles Rolls / Charles Farquhar
Tel: +44 (0) 20 7260 1000
Panmure Gordon (UK) Limited Maitland/AMO
Joint broker Neil Bennett
Charles Leigh-Pemberton / Atholl Rachel Cohen
Tweedie Tel: +44 (0) 20 7379 55151
Tel: +44 (0) 20 7886 2906
For further details, visit the website, www.assetco.com
Ticker: AIM: ASTO.L
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