27th Jun 2005 14:17
AIM27 June 2005 ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION ALL APPLICANTS MUST COMPLETE THE FOLLOWING: COMPANY NAME:Documedia Solutions plc (to be renamed Tangent Communications PLC) COMPANY ADDRESS:Truscott House, 32-42 East Road, London COMPANY POSTCODE:N1 6AD COUNTRY OF INCORPORATION:England COMPANY BUSINESS:It is proposed that, subject to the approval of its shareholders at an extraordinary general meeting to be heldon 11 July 2005, Documedia Solutions plc ("Documedia") will acquire Tangent Communications Ltd ("Tangent").Tangent is the holding company of London Digital Printing Group Ltd ("LDPG"). LDPG is a supplier of digitalprint and customised direct marketing services. For the year ended 31 December 2004, LDPG generated pro forma profit before taxation of approximately £32,000. In connection with the acquisition and conditional upon Admission, Documedia Solutions plc will be renamedTangent Communications PLC. Admission of the ordinary shares of 1p each in Tangent Communications PLC is expected on 12 July 2005. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):Ordinary shares of 1p eachTotal number of shares: 95,113,340New Shares: 55,000,000 issued at 5 pence per share CAPITAL TO BE RAISED ON ADMISSION:N/A FULL NAMES AND FUNCTIONS OF PROPOSED DIRECTORS:Nicholas Green, Joint Chief Executive OfficerTimothy Green, Joint Chief Executive OfficerPiers Caldecote, Non-ExecutiveHerbert Maxwell, Finance Director PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALSTATING WHETHER BEFORE OR AFTER ADMISSION: Name Ordinary Shares Ordinary Shares % of issued share % of issued share immediately prior immediately capital immediately capital immediately to Admission following prior to Admission following Admission AdmissionExebridge Family Trust 7,104,000 7,104,000 17.7% 7.5%Warren Tayler 5,431,555 5,431,555 13.5% 5.7%ESOT 5,448,340 5,448,340 13.6% 5.7%Euroclear Nominees Ltd 2,687,185 2,687,185 6.7% 2.8%Michael Green - 50,000,000 - 52.6% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES.N/A ANTICIPATED ACCOUNTING REFERENCE DATE:28 February EXPECTED ADMISSION DATE:12 July 2005 NAME AND ADDRESS OF NOMINATED ADVISER:Collins Stewart Limited, 88 Wood Street, London EC2V 7QR NAME AND ADDRESS OF BROKER:Collins Stewart Limited, 88 Wood Street, London EC2V 7QR 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.Collins Stewart Limited, 88 Wood Street, London EC2V 7QR DATE OF NOTIFICATION:27 June 2005 NEW/ UPDATE: NewNew This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TNG.L