NSH.L Regulatory News (NSH)

3 Mar 2005 10:58

AIM03 March 2005 Announcement to be made by the AIM applicant prior to Admission in accordance with AIM Rule 2 ALL APPLICANTS MUST COMPLY WITH THE FOLLOWING: (a) Company Name: Norish plc (b) Country of Incorporation: Ireland (c) Company Address: Mulberry Way, Belvedere, Kent DA17 6AN, United Kingdom (d) Company Business: Warehousing company dedicated to serving the manufacturingdistribution and retailing sectors (e) Details of Securities to be Admitted (number of shares, nominal valueand issue price to which it seeks admission and the number and type to be heldas treasury shares): 8,466,230 Ordinary Shares of nominal value €0.25c each (f) Capital to be raised on Admission: Nil (g) Full Names and Functions of Directors and Proposed Directors: Ted O'Neill Executive Chairman Iain Buntain Finance Director Torgeir Mantor Non-Executive Director Willie McCarter Non-Executive Director (h) Person interested in 3% or more of the Issuer's Capital, expressed asa percentage of the issued share capital stating whether before or afteradmission: The following persons are interested in 3% or more of the issuedshare capital of Norish plc as of 3 March 2005 John Teeling 835,093 9.86% Standard Life 724,495 8.56% T.B Mantor A/S 718,782 8.49% Friends First 685,561 8.01% Tom Cunningham 560,593 6.62% Leslie McCauley 518,600 6.13% Kappa Alpha 482,713 5.70% 2Ms Special Pension Fund 350,000 4.13% Sean Murphy 342,476 4.05% Ted O'Neill 254,000 3.00% (i) Name and address of all persons to be disclosed in accordance withSchedule 2, paragraph (g) of the AIM Rules: None (j) Anticipated accounting reference date: 31 December (k) Expected Admission Date: 31 March 2005 (l) Name and address of Nominated Adviser: NCB Stockbrokers Limited, 3 George's Dock, International Financial ServicesCentre, Dublin 1 Name and address of Broker: NCB Stockbrokers Limited, 3 George's Dock, International Financial ServicesCentre, Dublin 1 (m) Details of where (postal or internet address) the admissiondocument will be available from, with a statement that this will contain fulldetails about the applicant and the admission of its securities: N/A QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: (a) The name of the AIM Designated Market upon which theApplicant's securities have been traded: Official List of the United Kingdom Listing Authority (b) The date from which the Applicant's securities have been traded: 12 March 1986 (c) Confirmation that, following due and careful enquiry, theApplicant has adhered to any legal and regulatory requirements involved inhaving its securities traded upon such a market: The company has complied with all relevant legal and regulatoryrequirements involved in having its securities traded on the Official List ofthe United Kingdom Listing Authority (d) An address or website address where any documents orannouncements which the Applicant has made public over the last two years (inconsequence of having its securities so traded) are available: Mulberry Way, Belvedere, Kent DA17 6AN, United Kingdom and www.norish.com (e) Details of the Applicant's strategy following admissionincluding the case of an investing company, details of its investment strategy: Over the last 3 years Norish plc has substantially reduced its cost base inorder to accommodate the various changes and challenges to its business. It isNorish plc's aim to further develop the business by either being part of someform of consolidation or increase our coverage by acquisition in our chosenmarket of food services. (f) A description of any significant change in financial or tradingposition of the Applicant, which has occurred since the end of the lastfinancial period for which audited statements have been published: There has been no significant change in the financial or trading position ofNorish plc since 31 December 2004, the end of the last financial year for whichaudited financial statements have been published. (g) A statement that the Directors of the Applicant have no reason tobelieve that the working capital available to it or its Group will beinsufficient for at least twelve months from the date of its admission: The Directors of Norish plc have no reason to believe that theworking capital available to Norish plc will be insufficient for at least 12months from the date of its admission to AIM. (h) Details of any lock in arrangements pursuant to Rule 7 of the AIMRules: N/A (i) A brief description of the arrangements for settling the Applicant'ssecurities: Transfers of Ordinary Shares in the Company may be made throughCREST or in certified form (j) A website address detailing the rights attaching to the Applicant'ssecurities: www.norish.com (k) Information equivalent to that required for an admission documentwhich is not currently public: None (l) A website address of a page containing the Applicant's latest annualreport and accounts which have a financial year end not more than nine monthsprior to admission. The accounts must be prepared according to UK or US orInternational Accounting Standards: www.norish.com (m) 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