Ashington Innovation PlcLSE: ASHI

Change of Accounting Reference Date

Press Release

09 August 2023

Ashington Innovation plc

("Ashington" or "the Company")

Change of Accounting Reference Date


Ashington Innovation plc (LSE: ASHI), a special purpose acquisition company, announces a change to its accounting reference date and financial year end from 31 July to 31 December with immediate effect.

As a result of this change in the accounting reference date, Ashington's financial reporting timetable will be as follows:

·   Publication of audited annual results for the 17 months to 31 December 2023 (including the Company's firstseven months as a listed plc), by 30 April 2024.

·    Publication of unaudited interim accounts for the 6 months to 30 June 2024, by 30 September 2024.

·    Publication of audited annual results for the 12 months to 31 December 2024, by 30 April 2025.

For further information please contact:

Ashington Innovation plc

David Orchard

General Counsel

via Tancredi +44 207 887 7633

SI Capital Ltd.

Corporate Broker

Jon Levinson

+ 44 1483 413 500

Tancredi Intelligent Communication

Media Relations

Helen Humphrey

Charlie Hobbs

Jasmine Gadhavi

ashington@tancredigroup.com

+44 7449 226 720

+44 7897 557 112

+44 7931 435 236

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.

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.

www.ashingtoninnovationplc.com