5th Apr 2006 14:59
AIM05 April 2006 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:Swallowfield plc COMPANY ADDRESS:Swallowfield House, Station Road, Wellington, Somerset COMPANY POSTCODE:TA21 8NL COUNTRY OF INCORPORATION:England COMPANY 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: The Company's principal activities are the formulation and manufacture of aerosol and non-aerosol products for retaildistributors, the contract-filling of aerosols and the formulation and manufacture of cosmetic pencils and othercosmetic products. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which itseeks admission and the number and type to be held as treasury shares):11,256,416 ordinary shares of 5 pence each CAPITAL TO BE RAISED ON ADMISSION:None FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Shena J Winning ChairmanIan A Mackinnon Group Chief ExecutiveJane M Fletcher Group Sales and Marketing DirectorRichard T Organ Independent Non-executive DirectorJ Anthony Wardell Non-executive DirectorAlan Farrer-Halls Group Company Secretary All the directors listed are current Directors.PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Name Number of Ordinary Shares held % of issued Ordinary share capitalJA Wardell* 1,082,651 9.62Deutsche Bank 1,000,000 8.88Western Selection 1,000,000 8.88R&A Persey 927,900 8.24Third Advance Value Realisation 824,000 7.32Company LimitedAP & TM Dowsett 413,680 3.68MA Wardell 370,769 3.15 * JA Wardell has a non beneficial interest in an additional 104,255 Ordinary Shares. NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:N/A ANTICIPATED ACCOUNTING REFERENCE DATE:30 June EXPECTED ADMISSION DATE:9 May 2006 NAME AND ADDRESS OF NOMINATED ADVISER:Rowan Dartington & Co. Limited, 8th Floor, Colston Tower, Colston Street, Bristol BS1 4RD NAME AND ADDRESS OF BROKER:Rowan Dartington & Co. Limited, 7th Floor, Colston Tower, Colston Street, Bristol BS1 4RD 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:N/A DATE OF NOTIFICATION:5 April 2006 NEW/ UPDATE (see note):N/A QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:The Official List THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:25 April 1991 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: The Directors confirm, that having made due and careful enquiry, the company has adhered to the legal and regulatoryrequirements involved in having its securities traded on the Official List 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:www.swallowfield.com DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTMENT STRATEGY: It is the Company's intention that following the transfer of its listing from the Official List to AIM, the business ofSwallowfield will be continued in substantially the same manner as at present. A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THEEND OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED: Other than the information which was released through the Regulatory News Services since 30 June 2005 and through theirinterim results released on 13 March 2006, there have been no significant changes in the financial or trading positionof Swallowfield since 30 June 2005, the end of the last financial period for which the audited statements have beenpublished. A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TO IT ORITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION: The Directors of Swallowfield have no reason to believe that its working capital will be insufficient for at least 12months from the date of its admission to AIM DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:N/A A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:CREST A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:www.swallowfield.com INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:N/A A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A FINANCIALYEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND FULLY AUDITED INTERIM RESULTS WHERE APPLICABLE. THE ACCOUNTSMUST BE PREPARED ACCORDING TO UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS: www.swallowfield.com/finance.htm THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:N/A This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Brand Architek.