Asimilar Group appoints Mark Horrocks to its Board as Non-Executive Director

– UK, London –  Asimilar Group plc (LON: ASLR), the AIM-quoted investment company focused on technology opportunities in the fields of big data, machine learning, telematics and the Internet of Things, today announced that, further to the announcement made on 1st September 2020, Mark Horrocks has been appointed to its Board as a Non-Executive Director with immediate effect.

Donald Stewart, a director of the Company, will retire from the Board to pursue his other commercial interests. His resignation will take effect from the conclusion of the forthcoming Annual General Meeting.

About Mark Horrocks

Mark Horrocks has over 37 years’ experience in financial markets and has been involved mainly in large scale institutional fund management. He has worked as a research analyst and fund manager for an FTSE100 insurance group. In addition, he has always maintained a keen interest in supporting smaller companies and identifying nascent opportunities as an investor and supporting as a mentor and, on occasion, board member. In 1997 Mark co-founded Intrinsic Capital Partnership Limited, in order to self-manage the Intrinsic Value PLC Investment Trust, an investor in mainly small/micro capitalized quoted companies. Mark then established Intrinsic Capital LLP in 2007 as a regulated corporate and introductory business and extended the regulatory permission to include a retail investment management offering in 2015 seeking to add value with a straightforward, transparent and cost-efficient service to high net worth and professional investors.

For more information: https://www.asimilargroup.com/

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