14th Aug 2006 17:04
AIM14 August 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: Scapa Group plc COMPANY ADDRESS: Scapa Group plc, Manchester Road, Ashton-under-Lyne, Greater Manchester COMPANY POSTCODE: OL7 0ED 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: Scapa is a focused manufacturer of a wide variety of standard and custom-engineered adhesive films, tapes andcompounds which are used to assemble, insulate, protect, repair and identify numerous products and components ina diverse range of industries. 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): 144,762,868 Ordinary Shares of 5p each There are no shares to be held as treasury shares. CAPITAL TO BE RAISED ON ADMISSION: None FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Calvin O'Connor (CEO)Colin White (Finance Director)Steve Lennon (COO)Keith Hopkins (Chairman)Richard Perry (Non-Executive) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Shareholder capital Number of Ordinary Shares % of shareThird Advance Value Realisation Company Ltd 20,355,277 14.06Silchester International Investors Ltd 18,252,760 12.61UBS Global Asset Management 14,221,502 9.82Investec Asset Management 9,525,009 6.58Howson Tattersall Investment Counsel 8,614,141 5.95TRW Pensions Trust 7,047,778 4.87Discretionary Unit Fund Managers 7,000,000 4.84Cazenove Fund Management 6,990,450 4.83Hanover Investors 6,450,000 4.46The Wellcome Trust 4,809,273 3.32M&G Investment Management Ltd 4,780,390 3.30 Note: The shares in which The Wellcome Trust is interested are duplicated in the interest of UBS Global AssetManagement NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: None ANTICIPATED ACCOUNTING REFERENCE DATE: 31 March EXPECTED ADMISSION DATE: 23 August 2006 NAME AND ADDRESS OF NOMINATED ADVISER: JPMorgan Cazenove Limited, 20 Moorgate, London, EC2R 6DA NAME AND ADDRESS OF BROKER: JPMorgan Cazenove Limited, 20 Moorgate, London, EC2R 6DA DETAILS 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: Not applicable. Transfer to AIM from the Official List; no Admission Document required. DATE OF NOTIFICATION: 14 August 2006 NEW/ UPDATE (see note): Update 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 of the UK Listing Authority. THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 10 February 1955 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 of Scapa confirm that, having made due and careful enquiry, Scapa has adhered to the legal andregulatory requirements 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 THELAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: www.scapa.com DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY: It is the directors' intention that, following the admission to AIM, the business of Scapa will be continued insubstantially the same manner as at present. 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 the financial or trading position of the company since 31 March 2006,other than the proposed disposal of the Megolon division for £16.75m in cash which was announced on 31 July 2006and which is subject to receipt of various merger control clearances and to shareholder approval at anExtraordinary General Meeting to be held on 23 August 2006. 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 Scapa have no reason to believe that the working capital available to it or its group will beinsufficient for at least 12 months from the date of Admission. DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: Not Applicable A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: Normal market settlement including settlement via CREST A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: www.scapa.com INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: The directors of Scapa believe that as the company is publicly listed on the London Stock Exchange all requiredinformation is 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: www.scapa.com THE 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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