17th Nov 2005 11:36
AIM17 November 2005 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2 ALL APPLICANTS MUST COMPLETE THE FOLLOWING: COMPANY NAME:Applied Optical Technologies plcCOMPANY ADDRESS:40 Phoenix RoadCrowther District 3WashingtonTyne & WearCOMPANY POSTCODE:NE38 0ADCOUNTRY OF INCORPORATION:EnglandCOMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED INACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:Applied Optical technologies plc is a leading supplier of anti-counterfeiting technologies and services forcurrency, ID documents and brand protection applications. It is a leading designer and manufacturer of complexoptically-variable devices and is a major supplier of these and other security products for use on commercial andgovernment products.DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to whichit seeks admission and the number and type to be held as treasury shares):53,377,008 ordinary shares of 5p eachCAPITAL TO BE RAISED ON ADMISSION:NoneFULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Mark Turnage, Chief Executive, 1,216,876 shares, 2.28% Michael Angus, Finance Director, 203,922 shares, 0.38% Richard Povey, Non-Executive Director, 100,000 shares, 0.19% David Mahony, Non-Executive Chairman, 302,527 shares, 0.57%PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION:Newton Investment Management Ltd., 8,506,060, 15.9% Herald Investment Trust Ltd., 4,445,824, 8.3% Mellon Nominees UK Ltd., 3,928,336, 6.2% EBC Asset Management Ltd., 2,442,212, 4.6% The AH LTIP Trustee Company Ltd., 2,337,333, 4.4% Crane & Co. Inc., 2,282,590, 4.3%NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:NoneANTICIPATED ACCOUNTING REFERENCE DATE:31 MarchEXPECTED ADMISSION DATE:16 DecemberNAME AND ADDRESS OF NOMINATED ADVISER:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LXNAME AND ADDRESS OF BROKER:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LXDETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENTTHAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:N/ADATE OF NOTIFICATION:17 November 2005NEW/ UPDATE (see note):NEWQUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:Official ListTHE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:29 August 1995CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORYREQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET:The Directors of Applied Optical Technologies plc confirm that, following due and careful enquiry, the Companyhas adhered to the legal and regulatory requirements involved in having its securities traded on the OfficialListAN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THELAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:www.aotgroup.comDETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY:The Group will continue to build its businesses organically in both the US and the UK. The European business wassubstantially restructured in 2004 and the benefits are being seen operationally in 2005. The Group will look at acquisitions where these complement existing research & development, add to the portfolioof technologies, strengthen geographical coverage or give access to new areas of the security sector.A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURREDSINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:There has been no significant change in financial or trading position of the Company, which has occurred since 31March 2005, being the end of the last financial period for audited financial statements have been published.A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TOIT OR ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:The Directors of Applied Optical Technologies plc have no reason to believe that the working capital available toit or its group will be insufficient for at least twelve months from the date of its Admission.DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:NoneA BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:SEAQ/CRESTA WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:www.aotgroup.comINFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:Additional information may be found at www.aotgroup.com .A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE AFINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND FULLY AUDITED INTERIM RESULTS WHEREAPPLICABLE. THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS:www.aotgroup.comTHE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:None This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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