All Active Asset Capital Limited MESH Holdings increases stake in Sentiance (3038K)

TIDMAAA

RNS Number : 3038K

All Active Asset Capital Limited

31 December 2020

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 EUR3.65 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: [phone]

www.allenbycapital.com

Buchanan (Financial PR)

Richard Oldworth / Chris Lane / Toto Berger

T: [phone]

E: [e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCKKDBBDBDDOBN

(END) Dow Jones Newswires

December 31, 2020 06:30 ET (11:30 GMT)