KBC.L Regulatory News (KBC)

25 May 2006 15:46

AIM25 May 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: KBC Advanced Technologies plc COMPANY ADDRESS: KBC House42-50 Hersham RoadWalton on ThamesSurrey COMPANY POSTCODE: KT12 1RZ COUNTRY OF INCORPORATION: England & Wales COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES: Consulting and process engineering, optimising efficiency and improving financial performance for clients in the oil refining, petrochemical and other process industries worldwide DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares): 54,007,981 ordinary 2.5p shares CAPITAL TO BE RAISED ON ADMISSION: N/A FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: William George Bright (Chief Executive)Peter John Close (Executive Director)Michael Peter Kirk (Non-executive Director)Ian Kenneth Miller (Non-executive Director)Christopher Brian Powell-Smith (Chairman)Nicholas Philip Stone (Finance and Operations Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE AND AFTER ADMISSION: M&G Investment Management 7,929,345 shares 14.68%Framlington Investment Management 7,642,500 shares 14.15%Gartmore Investment Management 6,928,853 shares 12.83%Mr JC Brice 3,263,845 shares 6.04%Mr P J Close 2,802,233 shares 5.19%Old Mutual Asset Managers 2,662,023 shares 4.93%Merrill Lynch Investment Managers 2,339,918 shares 4.33%Fidelity 2,127,026 shares 3.94% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES N/A ANTICIPATED ACCOUNTING REFERENCE DATE: 31 December EXPECTED ADMISSION DATE: 26 June 2006 NAME AND ADDRESS OF NOMINATED ADVISER: Arden Partners LimitedNicholas House3 Laurence Pountney HillLondon EC4R 0EU NAME AND ADDRESS OF BROKER: Arden Partners LimitedNicholas House3 Laurence Pountney HillLondon EC4R 0EU 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: N/A DATE OF NOTIFICATION: 25 May 2006 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: UKLA Official List THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 20 March 1997 CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET: The Directors confirm that, having made due and careful enquiry, the Company has adhered to the legal and regulatory requirements involved in having its securities traded on the UKLA Official List. AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: http://www.kbcat.com/pages/inv/inv.asp?m=3&s=0 DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY: To continue with an acquisition programme to build the company into a stronger and more robust business, capitalising on the company's global reach A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED: There has been no significant change in the financial or trading position of theGroup since 31 December 2005, the end of the last financial year for whichaudited financial statements have been published. A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THATTHE WORKING CAPITAL AVAILABLE TO IT OR ITS GROUP WILL BE INSUFFICIENT FOR ATLEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION: The Directors have no reason to believe that the working capital available tothe group will be insufficient for at least twelve months from the date ofAdmission to AIM DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: N/A A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: The Company's articles permit the holding and transfer of securities in CREST. A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: http://www.kbcat.com/pages/inv/inv.asp?m=3&s=0 INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: N/A A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT ANDACCOUNTS WHICH MUST HAVE A FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TOADMISSION AND FULLY AUDITED INTERIM RESULTS WHERE APPLICABLE. THE ACCOUNTS MUSTBE PREPARED ACCORDING TO UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS: http://www.kbcat.com/pages/inv/inv.asp?m=3&s=0 THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: NIL This information is provided by RNS The company news service from the London Stock Exchange