8th May 2006 08:52
AIM08 May 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:DataCash Group plc COMPANY ADDRESS:Descartes House 8 Gate Street London COMPANY POSTCODE:WC2A 3HP COUNTRY OF INCORPORATION:United Kingdom 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:Pursuant to the acquisition of Proc Cyber Services (UK) Limited ("Proc Cyber"), the Company's business willcomprise the following: DataCash: provides outsourced payment processing and risk management solutions for customers operating across awide variety of sectors including online betting, telecoms, retail and travel. Proc Cyber: provides risk management, payment processing, payment out solutions, and financial reconciliationservices predominantly to the online gaming markets. 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):44,913,111 Ordinary Shares of 1p CAPITAL TO BE RAISED ON ADMISSION:N/A FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Ashley Head (Non-executive Chairman) - Proposed Director David Bailey (Deputy Non-executive Chairman)Andrew Dark (Managing Director, UK)Paul Burton (Managing Director, South Africa) - Proposed DirectorKeith Butcher (Commercial Director)Gavin Breeze (Director of Business Development)Nicholas Temple (Non-executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION:Before Admission Mr Gavin Breeze - 22.17%Standard Life Investments - 8.96%Universities Superannuation Scheme Limited - 8.41%INVESCO Asset Management Limited - 8.09%AXA Framlington Investment Management Limited - 6.25%Majedie Asset Management - 5.75% After Admission Mr Ashley Head - 50.0%Mr Gavin Breeze - 11.09%Standard Life Investments - 4.48%Universities Superannuation Scheme Limited - 4.20%INVESCO Asset Management Limited - 4.05%AXA Framlington Investment Management Limited - 3.12% 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:31 December EXPECTED ADMISSION DATE:1 June 2006 NAME AND ADDRESS OF NOMINATED ADVISER:Investec Investment Banking A division of Investec Bank (UK) Ltd 2 Gresham Street London, EC2V 7QP NAME AND ADDRESS OF BROKER:Investec SecuritiesA division of Investec Bank (UK) Ltd2 Gresham StreetLondon, EC2V 7QP 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:DataCash Group plcDescartes House8 Gate StreetLondon WC2A 3HP Denton Wilde SapteOne Fleet PlaceLondon EC4M 7WS DATE OF NOTIFICATION:8 May 2006 NEW/ UPDATE (see note):NEW This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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