Mobile Tornado Regulatory News (MBT)

3 Mar 2006 14:19

AIM03 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:TMT Group Plc (to be renamed Mobile Tornado Group Plc)COMPANY ADDRESS:4th Floor French Railways House 178 - 180 Piccadilly London COMPANY POSTCODE:W1J 9ENCOUNTRY OF INCORPORATION:EnglandCOMPANY 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:Mobile Tornado is a provider of next generation instant messaging solutions which serve the market of mobile dataservices in the mobile communication industry. These services include a group of services generically termed 'push to x' services, of which PTT is the most commonly known. 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):89,567,596 ordinary shares of 2p each at 16p per share CAPITAL TO BE RAISED ON ADMISSION:£880,000FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Directors: Christopher Robin Akers (Non-Executive Chairman) Rodger David Sargent ACA (Non-Executive Director with responsibility for the finance function) Proposed Director: John Paul Swingewood (Proposed Executive Chairman) Jorge Saul Pinievsky (Proposed Chief Operating Officer) Mark Vaughan Hughes (Proposed Finance 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: C R Akers 1,000,000 (16.841%)Warren Todd 592,500 (9.978%)Stephen Yorke 481,250 (8.105%)Mark Horrocks 387,500 (6.526%)Thomas Pridmore 340,625 (5.736%)Andrew Gardiner 340,625 (5.736%)Michael Giffin 340,625 (5.736%)R D Sargent 337,500 (5.684%) After: (Based on placing of £880,000) Peter Wilkinson - 24,536,392 -27.4% Jorge Pinievsky -9,168,624 -10.2% Eyal Fishler - 9,119,259 -10.2% John Swingewood - 7,805,511 -8.7% Jeremy Fenn - 7,723,271 - 8.6% Erin Invest & Finance Ltd - 3,849,102 -4.3% RBC Trustees on behalf of A189 Trust - 3,133,820 -3.5% R James - 2,959,870 - 3.3% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:n/aANTICIPATED ACCOUNTING REFERENCE DATE:30 JuneEXPECTED ADMISSION DATE:7 March 2006NAME AND ADDRESS OF NOMINATED ADVISER:Corporate Synergy Plc 30 Old Broad Street London EC2N 1HTNAME AND ADDRESS OF BROKER:As aboveDETAILS 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:As aboveDATE OF NOTIFICATION:3 March 2006NEW/ UPDATE (see note):UPDATEQUOTED 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: This information is provided by RNS The company news service from the London Stock Exchange