ROL.L Regulatory News (ROL)

9 Aug 2005 10:24

AIM09 August 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:ROTALA PLCCOMPANY ADDRESS:46 CANNON STREETLONDONCOMPANY POSTCODE:EC4N 6JJCOUNTRY OF INCORPORATION:ENGLAND & WALESCOMPANY 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:ROTALA IS A NEWLY ESTABLISHED COMPANY, CREATED WITH THE AIM OF ACQUIRING COMPLEMENTARY BUSINESSES WITHIN THEPARKING AND TRANSPORT INDUSTRIES. The Company will concentrate on two key sectors: • Parking, which includes the operation of car parks, on-street enforcement and related services; and • Transportation management, which is the provision of quality, tailored transportation solutions with a view to filling the gap between the services provided by public transport and the needs of the travelling public. 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): 171,974,360 ORDINARY SHARES OF 1 PENCE EACH107,000,000 AT A PRICE OF 4 PENCE PER SHARE - 10 MARCH 200518,307,693 AT A PRICE OF 6.5 PENCE PER SHARE - PLACING 26 AUGUST 200546,666,667 AS CONSIDERATION SHARES - RE ACQUISITION OF FLIGHTS HALLMARK LIMITED, FLIGHTS CORPORATE TRANSFERSLIMITED AND FH TRANSPORT LIMITEDCAPITAL TO BE RAISED ON ADMISSION:£1,190,000FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:JOHN HUMPHREY GUNN - NON-EXECUTIVE CHAIRMANNICHOLAS PATRICK KENNEDY - NON-EXECUTIVE DIRECTORKIM MICHAEL TAYLOR - EXECUTIVE FINANCE DIRECTORSTUART JOHN LAWRENSON - PROPOSED NON-EXECUTIVE DIRECTORPERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION:AS STATED PRE-ADMISSION: John Gunn 14.5%Ludgate Investments Ltd 13.9%ODL Securities Ltd 7.6%Prestbury Investment Holdings Ltd 7.4%WB Nominees Ltd 5.7%Paul Heath 4.4% 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:31 DECEMBEREXPECTED ADMISSION DATE:30 AUGUST 2005NAME AND ADDRESS OF NOMINATED ADVISER:PANMURE GORDON (BROKING) LIMITEDMOORGATE HALL155 MOORGATELONDON EC2M 6XBNAME 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:8 AUGUST 2005NEW/ UPDATE (see note):NEWQUOTED 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