Arbuthnot Regulatory News (ARBB)

25 May 2005 17:39

AIM25 May 2005 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: Secure Trust Banking Group PLC (name to be changed to Arbuthnot Banking Group PLC 1st June 2005) COMPANY ADDRESS: Head Office & Registered office Principal business address One Arleston Way Arbuthnot House Solihull 20 Ropemaker Street London COMPANY POSTCODE: B90 4LH EC2Y 9AR COUNTRY OF INCORPORATION: England and Wales 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: Provider of banking and financial services 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): 14,234,219 Ordinary Shares of 1 pence each CAPITAL TO BE RAISED ON ADMISSION: No FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Henry Angest (Chairman and Chief Executive) Mark Finlay Brown (Executive Director) Keith Nicholas Francis Deakin (Executive Director) David Richard Lascelles (Independent Non-Executive Director) Stephen John Lockley (Finance Director) Derek Pearson (Executive Director) John Reed (Executive Director) Andrew Alfred Salmon (Executive Director) Dr Atholl Denis Turrell (Non-Executive Director) Anthony Colin Wakelin (Independent Non-Executive Director) Robert Joseph Johnstone Wickham (Deputy Chairman) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Henry Angest - 49.0% Prudential plc - 5.4% Mr R Paston - 3.7% Royal London Mutual Assurance - 3.0% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES: None ANTICIPATED ACCOUNTING REFERENCE DATE: 31 December EXPECTED ADMISSION DATE: 27 June 2005 NAME AND ADDRESS OF NOMINATED ADVISER: Hawkpoint Partners Limited 4 Great St Helen's London EC3A 6HA NAME AND ADDRESS OF BROKER: Arbuthnot Securities Limited Arbuthnot House 20 Ropemaker Street London EC2Y 9AR 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: No admission document required - Company moving from Official List DATE OF NOTIFICATION: 25 May 2005 NEW/ UPDATE (see note): New QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED: Official List of the UK Listing Authority THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 15 December 1988 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: Confirmed 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: Arbuthnot House 20 Ropemaker Street London EC2Y 9AR www.securetrustgroup.co.uk DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY: Secure Trust Bank was founded in Birmingham more than 50 years ago and is now a well-established business,serving customers predominantly in the west midlands and the north of England. The core product of Secure Trust Bank is the Secure Homes Account, which is marketed under the "OneBill" brandand enables customers to keep track of exactly how much of their money is spent on bills by offering a singlebill solution with just one regular weekly or monthly payment. The Arbuthnot name has been synonymous with banking in the City of London for over 170 years. Arbuthnot Lathamprovides a high quality and personalised banking and wealth management service, aimed at attracting successfulprivate and business clients, including entrepreneurs and high earning professionals. Arbuthnot securities aims to be the leading investment bank for UK growth companies. It is a full-service,integrated investment bank providing a full range of institutional stockbroking and corporate advisory servicesfocused on UK growth companies (mid and small cap). 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: No significant changes in financial or trading position since the last audited results were published for theyear ending 31 December 2004, save as disclosed in the AGM announcement. A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILIABLE TOIT OF ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION: Two of Arbuthnot Banking Group PLC's principal subsidiaries are banks, regulated by the Financial ServicesAuthority. Accordingly, they are, both individually and on a consolidated basis, subject to and in compliancewith the prudential supervision regulation (including regarding the adequacy of capital) of the FinancialServices Authority's rules. 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: Settled electronically through CREST. A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: www.securetrustgroup.co.uk INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: All equivalent information 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.securetrustgroup.co.uk 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 Exchange