Last checked at 13 Aug 2009 10:52
| 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: |
| The Conygar Investment Company PLC |
| COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) : |
| Fourth Floor, Bond House 19-20 Woodstock Street London W1C 2AN |
| COUNTRY OF INCORPORATION: |
| England and Wales |
| COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26: |
| www.conygar.com/investor.html Homepage: www.conygar.com |
| COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED: |
| The Conygar Investment Company PLC ("the Company") is a property trading and development group dealing primarily in UK property. The Company aims to invest in property assets where significant value can be added by using property management, development and transaction structuring skills. The Company will seek admission to trading on AIM upon the offer for The Advantage Property Income Trust Limited ("TAP"), comprising a reverse take-over under the AIM Rules for Companies, being declared wholly unconditional. The principal business and strategy of the Company, as enlarged by the acquisition of TAP, will remain unchanged at Admission. |
| 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 held as treasury shares): |
| UP TO 65,000,000 ordinary shares of 5 pence each. ISIN number: GB0033698720. No restrictions as to transfer; no shares held as treasury shares. |
| CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: |
| The Company is not planning to raise capital on admission. Anticipated market capitalisation on admission: TBC |
| PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: |
| TBC |
| DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED: |
| NONE |
| FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known): |
| Robert Ware, Chief Executive Peter Batchelor, Finance Director Nigel Hamway, Non-Executive Chairman Steven Vaughan, Property Director Michael Wigley, Non-Executive Director |
| FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known): |
| Before Admission: Laxey Partners Limited - 10.95% Gartmore Investment Management Limited - 8.61% Robert Ware - 7.44% Blackrock Inc. - 5.02% After Admission: TBC |
| NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: |
| NONE |
| ANTICIPATED ACCOUNTING REFERENCE DATE DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19: |
| (i) 30 September 2009 (ii) 31 March 2009 (unaudited interim financial information) (iii) Annual Financial Report for the year ended 30 September 2009 to be published no later than 31 March 2010; Half-Yearly Report for the six months to 31 March 2010 to be published no later than 30 June 2010; and the Annual Financial Report for the year ended 30 September 2010 to be published no later than 31 March 2011. |
| EXPECTED ADMISSION DATE: |
| Final Admission date: TBC Current expected admission date is 1 September 2009 (assuming the offer for the The Advantage Property Income Trust Limited becomes or is declared unconditional in all respects on 28 August 2009). |
| NAME AND ADDRESS OF NOMINATED ADVISER: |
| Oriel Securities Limited, 125 Wood Street, London, EC2V 7AN. |
| NAME AND ADDRESS OF BROKER: |
| Oriel Securities Limited, 125 Wood Street, London, EC2V 7AN. |
| OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: |
| The Conygar Investment Company PLC Fourth Floor, Bond House 19-20 Woodstock Street London W1C 2AN The admission document contains full details about the applicant and the admission of its securities. |
| DATE OF NOTIFICATION: |
| 13 August 2009 |
| NEW/ UPDATE: |
| NEW |