Schedule 1 -Safeland plc

12 Sep 2006 13:00

AIM12 September 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: Safeland plc COMPANY ADDRESS: 94-96 Great North Road London COMPANY POSTCODE: N2 0NL COUNTRY OF INCORPORATION: England and Wales COMPANY 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: The principal activity of the group comprises property trading, property refurbishment (including redevelopment),property investment and self-storage. 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): 18,500,530 Ordinary Shares of 5p each CAPITAL TO BE RAISED ON ADMISSION: Nil FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Raymond Lipman, Chairman Larry Lipman, Managing Director Errol Lipman, Executive Director Paul Davis, Finance Director Leonard Green, Non-Executive Director Richard Pryce, Non-Executive Director PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Safeland Holdings Corporation 10,544,643 57.00% Mr P O'Reilly 1,324,350 7.16% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES: None ANTICIPATED ACCOUNTING REFERENCE DATE: 31 March EXPECTED ADMISSION DATE: 11 October 2006 NAME AND ADDRESS OF NOMINATED ADVISER: Insinger de Beaufort 131 Finsbury Pavement London EC2A 1NT NAME AND ADDRESS OF BROKER: Insinger de Beaufort 131 Finsbury Pavement London EC2A 1NT DETAILS 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: N/A DATE OF NOTIFICATION: 12 September 2006 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: Official List of London Stock Exchange THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: 29/01/1990 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 THELAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: http://www.londonstockexchange.com/en-gb/pricesnews/marketnews/marketnews.htm?bsg=true&ns=SAF DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY: Safeland plc will continue its core activity of property trading and property investment, supplemented by otherrelated activities in the property sector, including, but not limited to, property refurbishment (includingredevelopment), self-storage and property management. 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: Save for the sale of the Company's investment in Bizspace plc, set out in the circular of the Company dated 9June 2006, there has been no significant change in the financial or trading position of the Company since 31March 2006, the date of the latest audited published financial statements of the Company. 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: 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 its admission. DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: N/A A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: CREST A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: www.safeland.co.uk INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: www.safeland.co.uk 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: www.safeland.co.uk THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: None This information is provided by RNS The company news service from the London Stock Exchange