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If you have a media enquiry please contact Buchanan on +44(0) 20 7466 5000 or email [email protected]

2022

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2021

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2020

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2019

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2018

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2017

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2016

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2015

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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

     

 

 

2014

Dev Clever Subscription

01 March 2021

Further to the announcement of 25 February 2021, 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), confirms that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ("ICJL"), has completed the assignment of its right to subscribe for up to 30 million ordinary shares in Dev Clever Holdings plc ("Dev Clever") at 10 pence per share ("Subscription Rights") to Sitius Limited ("Sitius") for a consideration of £3 million.  ICJL has agreed to use the cash consideration arising from the assignment to Sitius to subscribe in full for the remaining 30 million ordinary shares in Dev Clever under the remaining Subscription Rights held by ICJL.  The subscription is subject to the publication by Dev Clever of a prospectus approved by the FCA by a revised back stop date of 31 March 2021 or such later date agreed by ICJL and the Company.

 

 

For further information please contact:

 

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