All Active Asset Capital Limited Statement re Asimilar Interim Results (5800R)
June 30 2020 - 10:10AM
UK Regulatory
TIDMAAA
RNS Number : 5800R
All Active Asset Capital Limited
30 June 2020
30 June 2020
All Active Asset Capital Limited
('AAAC')
Statement re Asimilar Interim Results
The Board of AAAC notes that Asimilar Group plc ("Asimilar") has
today announced its unaudited interim results for the six months
ended 31 March 2020 ("the Asimilar Interim Results").
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 and Asimilar's potential investment in
Sentiance and other matters is provided in AAAC's announcement of
26 June 2020.
The Asimilar Interim Results provide the following commentary in
respect of Asimilar's potential investment in Sentiance: "The
Company is working hard with its Nominated Adviser, and its other
professional advisers, on preparing an appropriate admission
document and is continuing its dialogue with Sentiance in relation
to the proposals announced on 4 and 12 March 2020. Although there
is no guarantee the proposed transaction will complete, encouraging
progress is being made towards that goal."
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)
Nick Athanas / Alex Brearley
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
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.
END
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