Ovoca Bio Regulatory News (OVB)

27 Jun 2005 16:39

AIM27 June 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:Ovoca Resources plc COMPANY ADDRESS:York House, Rear 176 Rathgar Road, Dublin 6, Ireland. COMPANY POSTCODE:N/A COUNTRY OF INCORPORATION:Ireland COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY:Sourcing and developing exploration assetsOvoca currently has exploration interests in the Former Soviet Union, Sweden andIreland. The Company's Ordinary Shares are traded on the Irish EnterpriseExchange of the Irish Stock Exchange and prior to admission to AIM on a tradingfacility on the SEAQ platform of the London Stock Exchange. 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 andtype to be held as treasury shares):Issued Share Capital 110,608,767 Ordinary Shares of €0.025The Company is seeking Admission of the entire issued share capital to AIM. CAPITAL TO BE RAISED ON ADMISSION:N/A FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Roger William Turner (Chairman)Dr Barrie William Oakes (Chief Executive Officer)John Durnin O'Connor (Chief Financial Officer)David Harold William Dobson, (Non-Executive Director)Richard Thomas O'Shea (Non-Executive Director)Paul Benedict Smithwick (Non-Executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS APERCENTAGE OF THE ISSUED SHARE CAPITAL STATING WHETHER BEFORE OR AFTERADMISSION:Before and after Admission the following are interested in 3% or more: Pershing Nominees International Ltd 5.45%Eastbound Resources Ltd 3.58% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES:Mr. Tom O'Gorman, 8 Hollywood Grove, Newry, Co Down, BT34 1BN, Northern IrelandMr. Hugh Farrington, 15-21 Ushers Quay, Dublin 8, Ireland ANTICIPATED ACCOUNTING REFERENCE DATE:28 February 2005 EXPECTED ADMISSION DATE:30 June 2005 NAME AND ADDRESS OF NOMINATED ADVISER:Davy (J&E Davy), Davy House, 49 Dawson Street, Dublin 2, Ireland NAME AND ADDRESS OF BROKER:Davy (J&E Davy), Davy House, 49 Dawson Street, Dublin 2, Ireland DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BEAVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THEAPPLICANT AND THE ADMISSION OF ITS SECURITIES:The Admission Document will be available to the public on the Company's websitewww.ovoca.ie from the date of this document for a period of at least one monthfrom Admission.The Admission Document will contain full details about the company and the securities subject to Admission DATE OF NOTIFICATION:27 June 2005 NEW/ UPDATE (see note):Update QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:N/A 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 ADHEREDTO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIESTRADED UPON SUCH A MARKET: AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THEAPPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITSSECURITIES SO TRADED) ARE AVAILABLE: DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASEOF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY: A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THEAPPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FORWHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED: A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THATTHE WORKING CAPITAL AVAILIABLE TO IT OF ITS GROUP WILL BE INSUFFICIENT FOR ATLEAST 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 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. THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TRESURY. This information is provided by RNS The company news service from the London Stock Exchange