TIDMASHI
RNS Number : 7268B
Ashington Innovation PLC
06 June 2023
FOR IMMEDIATE RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION
WHERE TO DO SO WOULD BE IN BREACH OF APPLICABLE LAWS OF THAT
JURISDICTION
Press release
6 June 2023
Ashington Innovation plc
("Ashington" or "the Company")
Admission to trading on the London Stock Exchange
Ashington Innovation plc, a special purpose acquisition company
("SPAC") aiming to benefit from favourable price conditions for
companies in the financial services technology (fintech) and deep
technology (deep tech) sectors, is pleased to announce that its
entire issued ordinary share capital, consisting of 61,397,900
ordinary shares, was admitted to the Standard Listing Segment of
the Official List of the Financial Conduct Authority, and to
trading on the London Stock Exchange's Main Market for listed
securities at 8.00 a.m. today, under the ticker "ASHI".
For further information please contact:
Ashington Innovation plc
David Orchard via Tancredi +44 207 887
General Counsel 7633
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SI Capital Ltd.
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Corporate Broker
Jon Levinson + 44 1483 413 500
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Tancredi Intelligent Communication
Media Relations
-------------------------
Helen Humphrey
Charlie Hobbs + 44 7449 226 720
Jasmine Gadhavi +44 7897 557 112
ashington@tancredigroup.com +44 7931 435 236
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About Ashington Innovation plc
Ashington Innovation PLC is a special purpose acquisition
company (SPAC), formed with the intention of acquiring businesses
operating in the technology sector, in particular the financial
services technology and deep technology sectors.
The Company believes that in the increasingly fast-changing
global environment there will be an abundance of opportunities to
acquire existing businesses in the technology sector, and in
particular businesses that possess and utilise proprietary
technologies and own applicable intellectual property.
The Company is not limited to any specific geographic region in
identifying its target companies. Both Jason Drummond and Jason
Smart, directors of the Company, bring a wealth of experience in
founding and building successful companies across a diverse range
of sectors.
www.ashingtoninnovationplc.com
Important Notices
This announcement does not contain or constitute an offer of, or
the solicitation of an offer to buy or subscribe for, securities to
any person in any jurisdiction including the United States,
Australia, Canada, Japan or South Africa. The securities referred
to herein have not been registered under the U.S. Securities Act of
1933, as amended (the "Securities Act") and may not be offered,
sold, transferred or delivered, directly or indirectly, in or into
the United States absent registration under the Securities Act or
an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act. There will be no
public offer of securities in the United States. Subject to certain
exceptions, the securities referred to herein may not be offered or
sold in Canada, Australia, Japan or South Africa. The offer and
sale of the securities referred to herein has not been and will not
be registered under the Securities Act, under the securities
legislation of any state or territory or jurisdiction of the United
States or under the applicable securities laws of Australia,
Canada, Japan or South Africa.
This announcement does not constitute or form part of, and
should not be construed as, an offer to sell or issue, or a
solicitation of any offer to buy or subscribe for, any securities,
nor should it or any part of it form the basis of, or be relied on
in connection with, any contract or commitment whatsoever.
Information contained in this announcement may include
'forward-looking statements'. All statements other than statements
of historical facts included herein, including, without limitation,
those regarding the intentions, beliefs or current expectations of
the Company, the Directors concerning, among other things, the
Company's objective, acquisition strategies or opportunities,
financing, financial condition, capital resources, prospects and
capital appreciation of the Ordinary are forward-looking
statements. By their nature, forward-looking statements involve
risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future.
Forward-looking statements are not guarantees of future
performance. The Company's actual performance, financial condition
and the development of its acquisition and financing strategies may
differ materially from the forward-looking statements contained in
this announcement. In addition, even if the Company's actual
performance, financial condition and the development of its
acquisition and financing strategies are consistent with the
forward-looking statements contained in this announcement, those
results or developments may not be indicative of results or
developments in subsequent periods.
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END
LISSSFEEIEDSEDM
(END) Dow Jones Newswires
June 06, 2023 03:01 ET (07:01 GMT)
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