16th May 2007 08:38
AIM16 May 2007 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: IDOX plc COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) : 2nd Floor Times Square 160 Queen Victoria Street London EC4V 4BF COUNTRY OF INCORPORATION: United Kingdom COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26: www.idoxplc.com COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BESTATED: Company business IDOX plc (IDOX) is engaged in the development and supply of information and knowledge management products and services.Its offerings include software solutions, information solutions and recruitment services. CAPS Solutions Limited, is a provider of spatially enabled software solutions developed for local governmentdepartments in the UK, bringing together information about land, people and property. Main Country of Operation United Kingdom Admission is sought in connection with a reverse take-over under 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 heldas treasury shares): Admission of 195,260,900 Existing Ordinary Shares of 1p each 146,666,667 New Ordinary Shares of 1p each ( at an issue price of 7.5p) Total of 341,927,567 Ordinary Shares of 1p each following Admission CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: Fundraising £11.0 million; Market capitalisation of £25.6 million based on the placing price of 7.5p PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 9.5 per cent (Employee benefit trust, Directors and related parties) DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) AREOR WILL BE ADMITTED OR TRADED: Not applicable / none FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known orincluding any other name by which each is known): Current Directors: Martin Richard Brooks Chairman and current Chief Executive Officer Richard Graham Quinton Kellett-Clarke Chief Financial Officer and Chief Operating Officer John Michael Wisbey non-executive Director Christopher Wright non-executive Director Peter Bruce Lilley non-executive Director Nigel Oxbrow non-executive Director Proposed Directors: Steven Mark Ainsworth, Chief Executive Officer, designate FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE ANDAFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known): Significant Shareholder before AdmissionName Number of Ordinary Shares % of issued share capitalBaronsmead VCTs 13,362,334 6.84%Herald Investment Trust 14,666,667 7.51%Liontrust Asset Management 14,430,682 7.39%Andrew George Fraser 12,413,300 6.36%John Michael Wisbey* 11,976,666 6.13%Nigel Oxbrow* 11,610,768 5.95%Giltspur Nominees Limited 9,832,092 5.04%Trivest VCT plc 6,366,667 3.26%Vidacos Nominees Limited 7,000,000 3.58%Merifin Capital NV 6,520,833 3.34% Significant Shareholder after AdmissionName Number of Ordinary Shares % of issued share capitalBaronsmead VCTs 26,162,334 7.65%Herald Investment Trust 25,066,667 7.33%Liontrust Asset Management 23,032,228 6.74%John Michael Wisbey* 12,643,333 3.70%Andrew George Fraser 12,413,300 3.63%Nigel Oxbrow* 11,610,768 3.40%Gartmore Investment Limited 10,800,000 3.16%Close Investment Limited 10,500,000 3.07%Giltspur Nominees Limited 9,832,092 2.88%Trivest VCT plc 8,166,667 2.39%Vidacos Nominees Limited 7,000,000 2.05%Merifin Capital NV 6,520,833 1.91% *includes related parties NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: none (i) ANTICIPATED ACCOUNTING REFERENCE DATE 31 October (ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED: Main financial information for the target, CAPS Solutions Limited, has been prepared to 31 December 2006. Main financial information for the issuer, IDOX plc, has been omitted from the Admission Document, as IDOX hasexercised its discretion under Rule 28 of the AIM Rules. The financial information to 31 October 2006 is publiclyavailable via the Company's website www.idoxplc.com (iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19: 31 July 2007 (Interim Results for the six months ended 30 April 2007) 30 April 2008 (Annual Results for the year ended 31 October 2007) 31 July 2008 (Interim Results for the six months ended 30 April 2008) EXPECTED ADMISSION DATE: First Admission on 5 June 2007 (Admission of Existing Ordinary Shares and VCT-qualifying shares) Second Admission on 6 June 2007 (Admission of non-VCT qualifying shares) NAME AND ADDRESS OF NOMINATED ADVISER: Noble & Company Limited 120 Old Broad Street EC2N 1AR London NAME AND ADDRESS OF BROKER: Noble & Company Limited 120 Old Broad Street EC2N 1AR London OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILLBE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITSSECURITIES: www.idoxplc.com DATE OF NOTIFICATION:16 May 2007 NEW/ UPDATE: NEW This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Idox Group