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Investegate |Asimilar Group PLC Announcements | Asimilar Group PLC: Half-year Report


 
 
The Board is pleased to announce the Group s unaudited results for the six month period ended 31 March 2021. The key highlights during the period were:
 
·
Completion of £7m investment in Dev Clever Holdings Plc ( DEV )at 10p per share
·
Sale of option and warrant rights to subscribe to, in aggregate, up to 45 million ordinary shares in DEV by the Company s wholly owned subsidiary, Intrinsic Capital Jersey Limited ( ICJL ) to Sitius Limited, for £3.5m cash consideration
·
Gain on re-measurement of assets to fair value of £21,836,376
·
Profit for the period of £23,427,188 (21.67 pence per share)
·
Total assets of £38,066,221, up from £12,457,890 at September 2020
·
Further investments in SeeQuestor Limited by ICJL for a total equity investment of £500,000 during the six month period ended 31 March 2021 ....

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Investegate |Asimilar Group PLC Announcements | Asimilar Group PLC: Final Results


 
I am pleased to present the annual report and consolidated financial statements for Asimilar Group plc ( Asimilar , the Group , or the Company ), for the financial year ended 30 September 2020.
 
Technology is at the foundation of our investment criteria. We invest in businesses that develop purpose-built technology and operational expertise with potential to scale and generate positive returns for shareholders.  We back founders that have a dedicated passion and competency for creating and engineering premium customer experiences through technology, content and product innovation.
 
As an investment business we evaluate a significant pipeline of potential investment opportunities based on the principles of our stated investment criteria.  Before investing, the board always evaluates the opportunities diligently and takes valued input from key shareholders and our investor partners on the value potential of the investment opportunities.  ....

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Haas crowned 2021 Virtual Grand Prix champions as Russell wins sixth straight race


George Russell claimed yet another Virtual Grand Prix win on Sunday, making it six out of six for the Williams ace. His heroics were not enough to overhaul Haas F1 Team though, with brothers Enzo and Pietro Fittipaldi yet again delivering a double top-five finish to put huge points on the board.
Enzo followed Russell home in second place, while Pietro’s P5 finish was enough to ensure the American outfit could not be caught in the championship standings at the final race of this series.
The frantic five-lap Sprint Race saw Alpine’s Nicolas Longuet take the win, after resisting constant pressure from FDA Esports’ Brendon Leigh to take first place. The win gave the French comedian – and Virtual Grand Prix debutant – Arnaud Tsamere a surprise pole position, with Dino Beganovic lining up second. ....

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