Assignment of Sentiance Loan

30 November 2020

Asimilar Group plc (AIM: ASLR), the AIM quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT), is pleased to announce that, further to its announcement on 30 September 2020, the €3m loan it agreed to advance to Sentiance NV has been assigned to MESH Holdings Plc ("MESH") for the cash consideration of €3m, which has now been received by Asimilar.  As a result, all rights and interests under the terms of the loan have been assigned to MESH. 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The Directors of the Company take responsibility for this announcement.




Asimilar Group plc


John Taylor, Non-Executive Chairman

via Buchanan


Cairn Financial Advisers LLP


Sandy Jamieson / Liam Murray

Tel: +44 20 7213 0880


Peterhouse Capital Limited


Duncan Vasey / Lucy Williams

Tel: + 44 20 7220 9797


Buchanan Communications Limited


Richard Oldworth / Chris Lane

Tel: +44 (0) 20 7466 5000