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AssetCo plc announced on 09 September 2022 its intent to seek shareholder approval to make market purchases of up to 14,929,297 Ordinary Shares, representing up to 10% of its issued share capital. The Company will post a notice of a general meeting on 12 September 2022, to be held at 3pm on 28 September 2022, where a special resolution for this authority will be proposed.
| Date | 9 Sept 2022 |
| Time | 07:00:08 |
| Category | AGMs and other meetings |
| ID | 8551Y |
9 September 2022
LEI: 213800LFMHKVNT27GV45
AssetCo plc ("AssetCo" or the "Company")
Authority to repurchase shares
AssetCo announces that it intends to seek approval from its shareholders for the authority to make market purchases of Ordinary Shares up to a maximum of 14,929,297 Ordinary Shares, representing up to 10 per cent. of the issued share capital of the Company. This increased authority reflects the increase in the Company's issued share capital following the issue of shares as consideration for the acquisition of River and Mercantile Group PLC and under various Company incentive plans.
The Company will on Monday 12 September 2022 post a notice of a general meeting of the Company to be held at 3pm on 28 September 2022 at which a special resolution to grant the Company the authority to make market purchases of Ordinary Shares as described above will be proposed.
For further information, please contact:
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AssetCo plc Campbell Fleming, CEO Peter McKellar, Deputy Chairman Tel: +44 (0) 785 0464 301 |
Numis Securities Limited Nominated adviser and joint broker Giles Rolls / Charles Farquhar Tel: +44 (0) 20 7260 1000 |
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Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie Tel: +44 (0) 20 7886 2906 |
Maitland/AMO Neil Bennett Rachel Cohen Tel: +44 (0) 20 7379 55151 |
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For further details, visit the website, www.assetco.com
Ticker: AIM: ASTO.L