MCAP.L Regulatory News (MCAP)

6 Dec 2006 17:57

AIM06 December 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:Mission Capital plc COMPANY ADDRESS:29-30 Fitzroy Square London COMPANY POSTCODE:W1T 6LQ COUNTRY OF INCORPORATION:England and Wales COMPANY BUSINESS:Mission Capital invests in property backed trading businesses, property related businesses and propertywhere active management could substantially increase value. Mission Capital is investing £1 million in ajoint venture company, Athens Investments Holding Group Limited ("Athens Investments") giving it a 20per cent. holding in Athens Investments. Athens Investments is acquiring a portfolio of four propertiesfor a total consideration of £36 million. The investment in the joint venture is classified as a reversetakeover. 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):101,301,774 Ordinary Shares of 1p each CAPITAL TO BE RAISED ON ADMISSION:None - Re-admission of 101,301,774 existing Ordinary 1p shares to trading on AIM FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Ronald Neil Sinclair (Executive Chairman) Emma Claudine Sinclair (Managing Director) Robert Philip Burrow (Non-executive Directors) Garth Michael Guthrie (Non-Executive Director) Giuseppe Ciardi (Non-executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUEDSHARE CAPITAL BEFORE AND FOLLOWING ADMISSION: Percentage of issued share Percentage of issued share capital immediately prior to capital following Re-Admission Re-AdmissionRobert Burrow 10.4 10.4Tintagel International Limited 9.9 9.9Giuseppe Ciardi 9.9 9.9Neil Sinclair 6.3 6.3Richard Blaxland 6.1 6.1JO Hambro Investment Management Limited 3.9 3.9Emma Sinclair 3.8 3.8Christopher Jonas 3.7 3.7 NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THEAIM RULES:None ANTICIPATED ACCOUNTING REFERENCE DATE:30 September EXPECTED ADMISSION DATE:27 December 2006 NAME AND ADDRESS OF NOMINATED ADVISER:Arbuthnot Securities Limited Arbuthnot House 20 Ropemaker Street London EC2Y 9AR NAME AND ADDRESS OF BROKER:Arbuthnot Securities Limited Arbuthnot House 20 Ropemaker Street London EC2Y 9AR 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:Arbuthnot Securities Limited Arbuthnot House 20 Ropemaker Street London EC2Y 9AR The Re-Admission document will, upon issue, contain full details about the applicant and there-admission of its securities. DATE OF NOTIFICATION:06 December 2006 NEW/ UPDATE (see note):New This information is provided by RNS The company news service from the London Stock Exchange