TVZ.L Regulatory News (TVZ)

11 Oct 2006 14:02

AIM11 October 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:Travelzest Plc COMPANY ADDRESS:Farm CottageHeath HouseWedmore COMPANY POSTCODE:BS28 4UG COUNTRY OF INCORPORATION:England COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITSINVESTMENT STRATEGY TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J)OF THE AIM RULES: Travelzest is a travel group with high quality brands offering specialistholiday programmes. The Company has conditionally agreed to acquireiTravel2000.com. iTravel2000.com is a privately owned on-line travel agentspecialising in the sale of travel and travel related products primarily toretail customers. Sales are made by means of various internet web sites(catering to worldwide destinations) and a customer call centre located inMississauga, Ontario, Canada. 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): 15,670,784 Ordinary Shares of 2p each (placing price is 126p) CAPITAL TO BE RAISED ON ADMISSION: £5.3 million FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Michael John Bruce-Mitford (Non-Executive Chairman)Christopher Alan Leigh Mottershead (Chief Executive)Colin Grant McKinlay (Group Finance Director)Richard Gordon Hall (Non-Executive Director and Company Secretary)Peter Thomson (Non-Executive Director) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS APERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE AND AFTER ADMISSION: 3% holders Current On admission Mike Bruce-Mitford 2,746,300 23.95% 17.52%Citygate Nominees Limited 5,168,964 45.09% 32.98%Pershing Keen Nominees 3,388,997 29.56% 21.63%Ranjit Singh Anand 375,825 3.28% 2.40%Simon Lloyd Powell 357,597 3.12% 2.28% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: none ANTICIPATED ACCOUNTING REFERENCE DATE: 31 October EXPECTED ADMISSION DATE: 16 October 2006 NAME AND ADDRESS OF NOMINATED ADVISER: Daniel Stewart & Company plcBecket House36 Old JewryLondonEC2R 8DD NAME AND ADDRESS OF BROKER: Daniel Stewart & Company plcBecket House36 Old JewryLondonEC2R 8DD 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: Daniel Stewart & Company plcBecket House36 Old JewryLondonEC2R 8DD DATE OF NOTIFICATION: 11 October 2006 NEW/ UPDATE (see note): UPDATE This information is provided by RNS The company news service from the London Stock Exchange