AAA Completion3 Dec 2021 12:12
Further to the announcement of 29 November 2021, 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), notes the announcement made today by MESH Holdings plc ('MESH') that the scheme of arrangement whereby All Active Asset Capital Limited ('AAA') will acquire 100% of MESH has now completed.
Accordingly, Asimilar now owns 24 million AAA shares, being 1.3% of AAA's current issued share capital. AAA is a currently unlisted investment company that specialises in identifying early stage, high growth technology businesses. Its two key investments are a holding of 185,917 shares in AAQUA N.V ('AAQUA'), being 29% of AAQUA's current issued share capital, and 28,000 ordinary shares in Sentiance N.V. ('Sentiance'), being 25.3% of Sentiance's current issued share capital. AAA has stated it is actively working to re-list its equity on an international stock exchange.