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Investegate |Asimilar Group PLC Announcements | Asimilar Group PLC: Further Equity Investment in SeeQuestor

Further Equity Investment in SeeQuestor   Asimilar Group Plc, the AIM quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things (IoT), is pleased to announce that its wholly owned subsidiary, Intrinsic Capital Jersey Limited ( ICJL ), has made a further direct equity investment of £250,000 in SeeQuestor Limited ( SeeQuestor ).  This follows an initial investment of £470,180 by Asimilar in SeeQuestor announced on 27 February 2020 and a follow on investment of £250,000 by ICJL announced on 9 November 2020.   Following its new investment, Asimilar and its subsidiaries will own 80,802 ordinary shares in SeeQuestor representing approximately 7.65% of its current issued share capital.

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