Assima : Un-audited 2015 accounts release

LONDON, January 29, 2016

2015 Accounts

The synthesis of the un-audited 2015 consolidated accounts of Assima Plc will be released on the Assima and Euronext web sites on February 4th after the fixing hour on Alternext (15:30). Notwithstanding the slippage of a $1m+ software contract from December 2015 to Q1 2016 in the US, this will confirm the information provided as guidance in the Chairman report attached to the H1 2015 accounts of a return to significant revenue, Ebitda and profit growth.

EGM

The amount of ALSIM shares (currently held in treasury) that will be proposed for cancellation at the incoming EGM of February 3 will be 350,000.
The company has already received enough proxy votes (representing above 75% of voting rights) for that resolution to pass.

We expect these shares to be cancelled by end of March 2016, which will reduce the number of issued shares from 8,109,257 to 7,759,257.
With the other share cancellation processed in December this is a total of 450,481 shares which will have been cancelled since January 1st 2015, representing 5.5% of the issued capital of the company.

The second resolution to be presented at the EGM, to authorise a new share buy-back tranche of 450,000 ALSIM shares (5.8% of the issued capital after the 350,000 shares cancellation) has also already received the backing of more than 50% of votes through proxies and will be confirmed at the EGM.

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About ASSIMA

ASSIMA is a software publisher helping Fortune 500 companies to leverage their IT investments through by increasing end-user performance and business agility. ASSIMA's solutions are distributed worldwide through 11 subsidiaries, in Europe, (UK, France, Germany, Switzerland, Ireland, Denmark, The Netherland, Spain), in North America (USA, Canada), and Africa (South Africa).

Contact: Michel Balcaen
E-mail : [e-mail]
www.assima.net