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Circ re. change in record date and timetable

12 Feb 2025 07:00

RNS Number : 7537W
AssetCo PLC
12 February 2025
 

12 February 2025

LEI: 213800LFMHKVNTZ7GV45

 

AssetCo plc ("AssetCo" or the "Company")

 

CHANGES TO TIMETABLE FOR PROPOSED SHARE REORGANISATION

 

Reference is made to the announcement and Circular issued to Shareholders on 28 January 2025 in respect of the proposed share reorganisation of the Company including:

 

(i) the reorganisation of the Company's share capital by sub-dividing and reclassifying the Company's Existing Ordinary Shares into New A Ordinary Shares and New B Shares (the Share Reorganisation);

(ii) the Company seeking admission to trading on AIM in respect of both the New A Ordinary Shares and the New B Shares; and

(iii) the Company changing its name to River Global PLC.

 

The Company is making the following amendments to the timetable for the Share Reorganisation. First, the record date for the Share Reorganisation will be deferred from 4 March to 6 March, the day of the proposed General Meeting of the Company. Secondly the Admission date for the New A Ordinary Shares and the New B Shares will be brought forward to 7 March, the day after the General Meeting.

 

Full details of the proposed Share Reorganisation together with an update on the Company's trading are set in the Circular sent to shareholders on 28 January. The Share Reorganisation remains subject to shareholder approval which will be sought at a General Meeting of the Company to be held at 10.00 am on 6 March 2025 at Shoosmiths LLP, 1 Bow Churchyard, London, EC4M 9DQ.

 

The amended timetable for the Share Reorganisation is set out below.

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

 

Circular posted to Shareholders

28 January 2025

 

Latest time and date for receipt of Forms of Proxy

10 a.m. on 4 March 2025

 

Record Date

6 p.m. on 6 March 2025

 

General Meeting

10 a.m. on 6 March 2025

 

Expected date on which the New A Ordinary Shares and the New B Shares will be admitted to trading on AIM

 

8 a.m. on 7 March 2025

Expected date on which CREST accounts credited with New A Ordinary Shares and New B Shares

 

8 a.m. on 7 March 2025

Expected date by which definitive new share certificates are to be despatched

Week commencing 10 March 2025

 

For further information, please contact:

 

AssetCo plc

Gary Marshall, CFOO

Martin Gilbert, Chairman

Tel: +44 (0) 7788 338157

Deutsche Numis

Nominated adviser and joint broker

Giles Rolls / Charles Farquhar

Tel: +44 (0) 20 7260 1000

Panmure Liberum Limited

Joint broker

Atholl Tweedie

Tel: +44 (0) 20 7886 2500

H/Advisors

Neil Bennett

Rachel Cohen

Tel: +44 (0) 20 7379 5151

For further details, visit the website, www.assetco.com

Ticker: AIM: ASTO.L

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