RNS Number : 8551Y

AssetCo PLC

09 September 2022

9 September 2022


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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(END) Dow Jones Newswires

September 09, 2022 02:01 ET (06:01 GMT)

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