6 March 2025

LEI: 213800LFMHKVNTZ7GV45

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

(Renamed River Global PLC)

Results of General Meeting

Total Voting Rights

The Company announces that at the General Meeting held today the ordinary and special resolutions (together the "Resolutions") proposed in relation to the Company's Share Reorganisation as set out in the Circular to Shareholders dated 28 January 2025 were duly passed with over 99 per cent of shares voted being in favour of the Resolutions.

Martin Gilbert, Executive Chairman commented:

"This innovative share split unlocks a value trap allowing the value of our two principal business to be recognised independently on their own merits by the market. Our long-standing ambition is to acquire, improve and grow businesses in the asset and wealth management sector and River Global, our established equities management business, is the platform for doing that - now with the support of a pure-play listing through the New A Ordinary Shares. In the meantime, the New B Share listing enables our Shareholders to retain and benefit from our minority stake in Parmenion as that thriving business continues to make excellent progress in its distinct sector. I am delighted to see the overwhelming support afforded this proposal by our existing Shareholders and fully expect that others will see an attractive opportunity in one or both of our shares as those distinct business interests develop over time."

Name Change

The Company has also resolved to change its name today to River Global PLC, aligning this with the underlying equities business.  

Total Voting Rights

As a result of the passing of these Resolutions, each Ordinary Share of the Company has been sub-divided into one New A Ordinary Share, representing the Company's interests in River Global, its equities management business, and one New B Share representing its interest in Parmenion.

Application has been made for the New A Ordinary Shares and New B Shares to be admitted to trading on AIM at 8.00am on 7 March 2025. Pursuant to the AIM Rules for Companies (the AIM Rules), Shareholders of the New A Ordinary Shares and the New B Shares will be required to comply with their disclosure obligations under AIM Rule 17. Relevant changes to any significant shareholding of each separate security will need to be disclosed, so that the Company is able to comply with its own disclosure obligations under the AIM Rules.

In accordance with DTR 5.6.1 that, as at 06 March 2025 and following the Share Reorganisation, the Company's issued share capital consists of 149,292,970 A Ordinary Shares of which 5,354,770 are held in treasury. The total number of voting rights attaching to the A Ordinary Shares is therefore 143,938,200. The figure (143,938,200) may be used by Shareholders as the denominator for any calculation pursuant to which they determine if they are required to notify their interest in, or a change to their interest in, the Company's A Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules.

Further, as at 06 March 2025 and following the Share Reorganisation, the Company has in issue 149,292,970 B Shares of which 5,354,770 are held in treasury. The total number of B Shares is therefore 143,938,200. The figure (143,938,200) may be used by Shareholders of B Shares as the denominator for any calculation pursuant to which they determine if they are required to notify their interest in, or a change to their interest in, the Company's B Shares under the AIM Rules for Companies.

All terms capitalised but not defined in this announcement shall have the meaning given to them in the Circular.

For further information, please contact:

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

Ticker: AIM: ASTO.L