26 March 2025
All Active Asset Capital Limited
('AAA' or 'the Company')
Acceleration of investment in Sentiance
AAA, the technology holding company, has made a further investment in the predictive AI motion insights platform Sentiance N.V. ('Sentiance').
As detailed in its announcement dated 27 June 2024, AAA agreed to advance two convertible loans to Sentiance ('Convertible Loans'). Drawdown of the first Convertible Loan was completed in December last year. Although the agreement anticipated that drawdown of the second Convertible Loan would commence at the end of June 2025, AAA and Sentiance have now agreed to accelerate drawdown of the second Convertible Loan and this will now be advanced in full by the end of this month.
This accelerated investment will help Sentiance capitalise on the tremendous commercial opportunities it is experiencing. When the loans are converted into new Sentiance shares (expected to take place in May 2025), AAA will own 46.5% of Sentiance's issued share capital.
AAA CEO Colin McQuade commented , "We have been very pleased with the continued demand for Sentiance's cutting edge predictive AI technology. Sentiance wrote more new contracts in the first two months of this year alone than it did in the whole of 2024.
"It is particularly encouraging that the demand from major corporates is coming from many different parts of the world, showing the global demand for Sentiance's platform. We are pleased that AAA will own over 46% of Sentiance as it enters this enhanced growth phase.
"We continue to actively consider many corporate and funding options and will keep shareholders updated with our progress."
For further information:
All Active Asset Capital Limited
James Normand, Chairman
Colin McQuade, Executive Director
Burson Buchanan (Financial PR)
Richard Oldworth / Chris Lane / Toto Berger
t: +44 (0)20 7466 5000
About AAA
AAA is a technology holding company whose key asset is a significant holding in Sentiance, the predictive AI motion insights platform.
About Sentiance
Based in Antwerp , Belgium, Sentiance provides a predictive AI technology platform that delivers advanced motion insights to global clients. The company currently operates in the insurance, gig economy and road safety sectors, but its products have attributes that can be applied in a wide range of industries.
Further details of Sentiance's technology and products can be found on its website at www.sentiance.com.