PAM.L Regulatory News (PAM)

24 Mar 2005 10:41

AIM24 March 2005 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION INACCORDANCE WITH AIM RULE 2 ALL APPLICANTS MUST COMPLETE THE FOLLOWING: COMPANY NAME: Premier Asset Management Plc COMPANY ADDRESS: Eastgate Court High Street Guildford Surrey COMPANY POSTCODE: GU1 3DE COUNTY OF INCORPORATION: England COMPANY BUSINESS: The Company is engaged in the business of managing open and closed ended investment funds and discretionary portfoliomanagement. DETAILS OF SECURITIES TO BE ADMITTED (ie where known, number of shares, nominal value and issue price to which it seeksadmission and the number and type to be held as treasure shares): 13,135,971 ordinary shares of 10p each 616,273 ordinary shares of 10p each are held in treasury CAPITAL TO BE RAISED ON ADMISSION: None FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Roger Norman Alexander Wood - Non-Executive Chairman Jonathan Peter Hawes Fry - Joint Managing Director Michael Patrick O'Shea - Joint Managing Director Neil Macpherson - Finance Director Andrew Keith Watkins - Non-Executive Director PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALSTATING WHETHER BEFORE OR AFTER ADMISSION: Paul Rooke 8.24% Jupiter Fund Managers 6.85% HSBC 6.42% Michael Patrick O'Shea 6.36% Gartmore Investment Limited 6.17% Eaglet Investment Trust PLC 6.16% Jonathan Peter Hawes Fry 5.67% Premier Asset Management plc (Treasury Shares) 4.69% Deutsche Asset Management 4.57% New Star Asset Management 3.05% All the above are before admission as notified to Premier Asset Management Plcbefore 24 March 2005. NAME AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES: Not applicable ANTICIPATED ACCOUNTING REFERENCE DATE: 30 September EXPECTED ADMISSION DATE: 26 April 2005 NAME AND ADDRESS OF NOMINATED ADVISER: Collins Stewart Limited Wood Street London EC2V 7QR NAME AND ADDRESS OF BROKER: As nominated adviser, above DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THISWILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: Not applicable - Transfer to AIM from the Official List, no Admission Document required. DATE OF NOTIFICATION: 24 March 2005 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: Admitted to the UKLA Official List and traded on the London Stock Exchange's main market for listed securities THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 12th April 1999 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: Confirmed AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LASTTWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: Premier Asset Management Plc, Eastgate Court, High Street, Guildford, Surrey GU1 3DE DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTMENT STRATEGY: To increase the applicant's funds under management and to expand the range of investment products for IFA's to marketto institutional and private investors. A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THEEND OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED: There has been no significant change in the financial and trading position of the Company since the end of the lastfinancial 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 TO IT ORITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION: The Directors have no reason to believe that the working capital available to the Company or its group will beinsufficient for at least 12 months from the date of admission. DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: None A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: Settlement will be via CREST A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: None INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: None A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A FINANCIALYEAR END NOT MORE THAN NINE MONTHS PRIOR TO ADMISSION. THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP ORINTERNATIONAL ACCOUNT STANDARDS: www.premierfunds.co.uk THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: 616,273 ordinary shares of 10p each This information is provided by RNS The company news service from the London Stock Exchange