Aukett Swanke Regulatory News (AUK)

23 Mar 2006 17:45

AIM23 March 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:AUKETT FITZROY ROBINSON GROUP PLC (CHANGE OF NAME FROM AUKETT GROUP PLC BEING FILED) COMPANY ADDRESS:14 DEVONSHIRE STREETLONDON COMPANY POSTCODE:W1G 7AE COUNTRY OF INCORPORATION:England and WalesCOMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY:Aukett Group Plc ("Aukett") is an international group of architects and designers. Aukett providescreative design consultancy in a diverse range of sectors including: commercial property, hotels, retail,interior design, urban regeneration, residential, healthcare, leisure, transportation and technicalsupport facilities. The Group's network has been rationalised and offices with delivery capability are now situated inBerlin, Bratislava, Frankfurt, London, Bristol, Moscow, Prague and Warsaw. Glasgow has been closed,Holland sold, London consolidated into the West End, and a new joint venture established in Romania. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue priceto which it seeks admission and the number and type to be held as treasury shares):144,813,825 Fully Paid Ordinary of £0.01 each CAPITAL TO BE RAISED ON ADMISSION:None FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Gerald Kenneth Thomas Deighton (Chairman) James Nicholas Earle Thompson (Chief Executive Officer) Patrick James Carter (Group Finance Director and Company Secretary) Raul Morris Curiel (European Managing Director) Lutz Heese (Non-executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARECAPITAL STATING WHETHER BEFORE OR AFTER ADMISSION: (Before and after Admission) Nicholas Thompson 10.5% Andrew Murdoch 10.0% Jeremy Blake 9.0% Raul Curiel 7.5% Stephen Atkinson 7.5% Imagina Management SL 7.4% Pershing Keen Nominees Limited (4.73%), together withPershing International Nominees Limited (0.138%) 4.87% John Vincent 4.0% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THEAIM RULES: N/AANTICIPATED ACCOUNTING REFERENCE DATE:30 SeptemberEXPECTED ADMISSION DATE:25 April 2006 NAME AND ADDRESS OF NOMINATED ADVISER:Beaumont Cornish Limited,5th Floor, 10-12 Copthall Ave., London EC2R 7DE NAME AND ADDRESS OF BROKER:Beaumont Cornish Limited5th Floor, 10-12 Copthall Avenue, London EC2R 7DE DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH ASTATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:N/a transfer to AIM from Official List under AIM Fastrack Route DATE OF NOTIFICATION:23 March 2006 NEW/ UPDATE (see note):NEWQUOTED 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:3 March 1988 CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL ANDREGULATORY REQUIREMENTS 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 PUBLICOVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:www.aukettfitzroyrobinson.comDETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY,DETAILS OF ITS INVESTMENT STRATEGY: Having returned the UK operations to profit, the principal aim of the Directors for the forthcoming yearis to improve commercial performance based on sound financial management and high quality projects. Inthe immediate period post the merger with Fitzroy Robinson, the Group has been invited to bid or havebeen short-listed on a number of significant projects, of which a small number are in excess of £100mconstruction value. This reflects the status as one of the larger UK based architectural practices with atrack record of delivering large scale projects from conceptual design to practical completion. A growth strategy is being developed which aims to double the turnover of the business within the nextfive years. Much of this strategy will be based on organic growth underpinned by greater volumes throughexisting business streams coupled with a general increase in the scale of projects, which has beendemonstrated by recent project wins. The Board believes that future non-UK markets are situated inRussia, Poland and Spain and sees operations in these countries complementing those of London. A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HASOCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:NoneA STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITALAVAILABLE TO IT OF ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITSADMISSION:The Directors have no reason to believe that the working capital available to the Group will beinsufficient for at least twelve months from the date of its Admission. DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:None A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:Settlement will be via CREST A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:www.aukettfitzroyrobinson.comINFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:Refer to the Appendix set out on www.aukettfitzroyrobinson.comA WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVEA FINANCIAL 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 ACCOUNTINGSTANDARDS.www.aukettfitzroyrobinson.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 Exchange