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IN BRIEF: Asmiliar To Acquire Intrinsic Capital Through Share Issue

1st Sep 2020 19:46

Asimilar Group PLC - London-based technology investor - Agrees to acquire Intrinsic Capital (Jersey) Ltd through issue of 1.0 million shares, which will allow Asimilar to manage its portfolio with benefit of more benign capital tax gains regime in Jersey. Intrinsic also has right to subscribe for up to 100.0 million shares in Dev Clever Holdings PLC at price of 10 pence per share, alongside warrants for 50 million Dev Clever shares.

Current stock price: 29.00 pence

Year-to-date change: up 26%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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YOLO.LDEV.L
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