4th Nov 2005 09:18
AIM04 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: Farley Group plc ("the Company") COMPANY ADDRESS:Russell Square House10-12 Russell SquareLondon COMPANY POSTCODE: WCB 5LF COUNTRY OF INCORPORATION: England COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTMENT STRATEGY TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J)OF THE AIM RULES: Farley & Co, the Company's trading subsidiary, is an independent estate agentestablished for over half a century, which specialises in the selling, lettingand management of property in central London. The Company has, conditional on Admission, agreed to acquire the business ofHumberts. Humberts is an independent national firm of land and estate agents andchartered surveyors with a multi-disciplined practice providing integratedexpertise in the residential, commercial, rural and professional servicesfields. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares,nominal value and issue price to which it seeks admission and the number andtype to be held as treasury shares): Up to 38,526,215 Ordinary Shares of 5p each. CAPITAL TO BE RAISED ON ADMISSION: Up to £8 million. FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Directors: Timothy Michael James - Executive ChairmanPatricia Mary Farley - Managing DirectorSimon Alexander Robin Wharmby - Non-executive DirectorStephen Anthony Russell - Non-executive Director Proposed Director: Simon Maxwell Ziff - Proposed Chief Executive Officer PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS APERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE AND AFTER ADMISSION: Patricia Farley 3,582,231 before 15.2 per cent. before 3,798,898 after 9.86 per cent. after* Timothy James 2,263,625 before 9.6 per cent. before 2,313,625 after 6.01 per cent. after* Simon Wharmby 966,266 before 4.10 per cent. before 1,016,266 after 2.64 per cent. after* John Peter Gibson 1,100,606 before 4.68 per cent. before 1,517,273 after 3.94 per cent. after* Pendana Limited 6,060,606 before 25.76 per cent. before 9,631,552 after 25.00 per cent. after* State Street Nominees Limited 1,288,432 before 5.48 per cent. before 1,288,432 after 3.34 per cent. after* Brian Richmond-Dodd 752,273 before 3.20 per cent. before 1,213,411 after 3.15 per cent. after* * Assuming 13,333,334 Ordinary Shares issued pursuant to the Placing NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: Nick Leeming - Ashwell Grange, Oakham, Rutland LE15 7LT ANTICIPATED ACCOUNTING REFERENCE DATE: 30 September EXPECTED ADMISSION DATE: 29 November 2005 NAME AND ADDRESS OF NOMINATED ADVISER: Corporate Synergy Plc, 30 Old Broad Street, London EC2N 1HT NAME AND ADDRESS OF BROKER: Corporate Synergy Plc, 30 Old Broad Street, London EC2N 1HT DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THISWILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: Stringer Saul LLP Fifth Floor 17 Hanover Square London W1R 9AJ DATE OF NOTIFICATION: 4 November 2005 NEW/ UPDATE (see note): NEW QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED: THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: CONFIRMATION 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: AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LASTTWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTMENT STRATEGY: 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: 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: DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: 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: THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: Note: THIS FIELD SHOULD INDICATE THAT THE ANNOUNCEMENT IS 'NEW' AND ALL RELEVANTFIELDS SHOULD BE COMPLETED. OTHERWISE WHERE THE FORM IS REQUIRED TO BE COMPLETEDIN RESPECT OF AN 'UPDATE' ANNOUNCEMENT, THIS SHOULD BE INDICATED. IN SUCH CASES,ALL THE ORIGINAL INFORMATION SHOULD BE INCLUDED WITH ANY AMENDED FIELDSEMBOLDENED. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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