Sch 1 - Rubicon Diversified Investments plc

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Rubicon Diversified Investments Plc

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Belmont HouseStation WayCrawleyWest SussexRH10 1JA

COUNTRY OF INCORPORATION:

England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.rubicondiv.co.uk

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Rubicon Diversified Investments Plc is an investing company focused on making an acquisition or acquisitions in the global aviation and aviation services sector, particularly in Africa.

Following admission and completion of the proposed acquisitions the Company will operate scheduled air services in Kenya, Angola and Ghana under the 'Fly540' brand.

The Company is seeking admission as a result of the proposed acquisition of Lonrho Aviation (BVI) Ltd. and an interest in Five Forty Aviation Ltd., which would constitute a reverse take-over as defined by AIM Rule 14.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

Number of shares: 1,311,830,135

Type:  Ordinary Shares

Nominal value: 1 pence

Issue price: 3.4 pence

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

No Capital to be raised on Admission

Anticipated Market capitalisation on Admission : £44.6 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

78.8%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

David Anthony Lenigas Executive Chairman

Geoffrey Trevor White Director

Richard John Blakesley Finance Director

Robert Burnham Non-executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

 BEFORE ADMISSION

Shares %

Hargeave Hale Limited 30,575,000 10.2

Artemis Investment Management LLP 25,000,000 8.3

Majedie Asset Management Limited 25,000,000 8.3

YF Finance Limited 18,750,000 6.2

Lonrho Plc 9,500,000 3.2

 AFTER ADMISSION

Shares %

Hargreave Hale Limited 30,575,000 2.3

Artemis Investment Management LLP 25,000,000 1.9

Majedie Asset Management Limited 25,000,000 1.9

YF Finance Limited 18,750,000 1.4

Lonrho Plc 982,560,771 74.9

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) Anticipated Accounting reference date is 31 December - An application will shortly be made to change the accounting reference date from 30 June 2012 and to extend the year ending 30 June 2012 to an 18 month period ending 31 December 2012

(ii) 31 December 2011

(iii) 6 months results for Lonrho Aviation (BVI) Ltd. to 30 June 2012 (publish by 30 September 2012), interim results for Rubicon Diversified Plc to 30 June 2012 (publish by 30 September 2012), 18 months consolidated audited accounts for the Rubicon Diversified Plc group to 31 December 2012 (publish by 30 April 2013), half yearly report for the period to 30 June 2013 (publish by 30 September 2013)

EXPECTED ADMISSION DATE:

2 July 2012

NAME AND ADDRESS OF NOMINATED ADVISER:

WH Ireland Limited

24 Martin Lane

London

EC4R 0DR

NAME AND ADDRESS OF BROKER:

WH Ireland Limited

24 Martin Lane

London

EC4R 0DR

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

The admission document will contain full details about the Company and the admission of its common shares to AIM. The admission document will be available at the offices of WH Ireland Limited, 24 Martin Lane, London EC4R 0DR

DATE OF NOTIFICATION:

15 June 2012

NEW/ UPDATE:

NEW