MESH Holdings increases stake in Sentiance

31 December 2020

All Active Asset Capital Limited

('AAA' or 'the Company')

MESH Holdings plc completion of further Sentiance NV equity subscription

Further to the Company's announcement of 17 December 2020, the Board of AAA has been informed by MESH Holdings plc ('MESH') that MESH completed the subscription for a further 5,000 ordinary Sentiance NV ('Sentiance') shares yesterday. As a result, MESH now holds 21,333 ordinary Sentiance shares, representing 21.7% of Sentiance's current issued share capital. It remains the stated objective of MESH to further increase its shareholding in Sentiance in the near term.

AAA owns a Convertible Loan Note of €3.65 million in MESH. This can be converted, at the sole discretion of AAA, into ordinary MESH shares at 40 pence per share.

Sentiance is an emerging and leading organisation within behavioural, ethical artificial intelligence and machine learning with its 'Motion Intelligence' and 'Behavioural Change Platform' technologies. Sentiance has recently announced new partnerships, extended partnerships and contracts with well-known international businesses, including several within the Fortune 500.

For further information:

All Active Asset Capital Limited

James Normand, Non-Executive Chairman

Rodger Sargent, Executive Director

www.aaacap.com

Allenby Capital Limited (Nominated Adviser and Broker)

Alex Brearley / Nick Athanas

T: +44 (0) 203 328 5656

www.allenbycapital.com 

Buchanan (Financial PR)

Richard Oldworth / Chris Lane / Toto Berger

T: +44 (0) 207 466 5000

E: [email protected]