FST.L Regulatory News (FST)

19 Oct 2005 13:35

AIM19 October 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: Nanoscience Inc. COMPANY ADDRESS:Walkers SPV LimitedWalker House, Mary StreetPO Box 908GTGeorge TownGrand Cayman, Cayman Islands COMPANY POSTCODE: NA COUNTRY OF INCORPORATION: Cayman Islands 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: Nanoscience Inc. is an investment company whose primary objective is to build a portfolio of investments in thenanotechnology sector 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): 183,770,543 ordinary shares having a nominal value of 0.25p each CAPITAL TO BE RAISED ON ADMISSION: £7,100,000 before expenses FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Existing Directors: Richard Sidney Rose (Non-Executive Chairman)Serge Andre Joseph Marie Grisard (Executive Director)Patrick Stephansen (Executive Director)Graham Langham Porter (Non-Executive Director) Proposed Director: Professor Christofer Toumazou (Non-Executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Before Admission:David Newton (19.95%)Corvus Capital Inc. (19.95%)Anglia Securities Limited (8.98%)Annakita Limited (4.99%) After Admission:Glastad Invest Limited (10.54%)Gennum Corporation (6.03%)Professor Christofer Toumazou (5.96%)David Newton (5.95%)Digital Direct (4.71%)Herald Investment Management Limited (4.68%)*Merrill Lynch Investment Managers Limited (4.68%)Sinolite Limited (4.52%)Corvus Capital Inc. (4.35%)Keith Errey (4.25%)**Imperial College. FF&P. Gordon House LLP (3.13%) * - held on behalf of Herald Investment Trust plc. ** - includes the interest of Mr Errey's wife who is participating in the placing. NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: Kitwell Consultants Limited Address: Kitwell House, The Warren, Radlett, Hertfordshire, WD7 7DU Pursuant to a consultancy agreement dated 14 March 2005, the Company has paid a fee of £15,000 for the provisionof consultancy services by Kitwell Consultants Limited. In addition, under a separate agreement for theprovision of company secretarial and administrative services the Company has and will continue to pay a monthlyfee to Kitwell Consultants Limited of £1,000. Penkenna Limited Address: Palm Grove House, Road Town, Tortola, British Virgin Islands The Company paid Penkenna Limited an aggregate fee of £10,000 in respect of the procurement by it of subscribersfor shares at the time of the initial admission to AIM and on a second stage. David Newton Address: L'Estoril 'C', 31 Avenue Princesse Grace, Monte Carlo 98000, MC 98000, Monaco In respect of the procurement of subscribers to the Placing, the Company will pay a fee of £25,000 followingAdmission. Professor Christofer Toumazou Address: 23 Emlyn Road, London W12 9TF In respect of the procurement of subscribers to the Placing, the Company will pay a fee of £25,000 followingAdmission. ANTICIPATED ACCOUNTING REFERENCE DATE: 31 December EXPECTED ADMISSION DATE: 3 November 2005 NAME AND ADDRESS OF NOMINATED ADVISER:Strand Partners Limited26 Mount RowLondonW1K 3SQ NAME AND ADDRESS OF BROKER:Teather & Greenwood LimitedBeaufort House15 St. Botolph StreetLondonEC3A 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: The Admission Document containing full details about the applicant and its securities, will be available forpublic inspection for a period of not less than one month from the date of admission at the following locations: Teather & Greenwood LimitedBeaufort House15 St. Botolph StreetLondonEC3A 7QR Fladgate Fielder25 North RowLondonW1K 6DJ DATE OF NOTIFICATION: 19 October 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: THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 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: 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: DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY: 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: A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TOIT OR ITS GROUP WILL BE INSUFFICIENT 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: A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT 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: THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: Note: THIS FIELD SHOULD INDICATE THAT THE ANNOUNCEMENT IS 'NEW' AND ALL RELEVANTFIELDS SHOULD BE COMPLETED. OTHERWISE WHERE THE FORM IS REQUIRED TO BE COMPLETEDIN RESPECT OF AN 'UPDATE' ANNOUNCEMENT, THIS SHOULD BE INDICATED. IN SUCH CASES,ALL THE ORIGINAL INFORMATION SHOULD BE INCLUDED WITH ANY AMENDED FIELDSEMBOLDENED. This information is provided by RNS The company news service from the London Stock Exchange