Schedule 1 - Sirdar PLC

23 Nov 2005 08:34

AIM23 November 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:Sirdar PLC COMPANY ADDRESS:Flanshaw LaneAlverthorpeWakefieldWest Yorkshire COMPANY POSTCODE:WF2 9ND COUNTRY OF INCORPORATION:England 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 Sirdar PLC is the marketing and distribution of textile products including floorcoverings and specialist yarns. 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):46,242,455 ordinary shares of 25p each CAPITAL TO BE RAISED ON ADMISSION:None FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:James Duncan Verity, Group Chief ExecutiveKevin Francis Henry, Group Finance DirectorRichard Bagnall Vernon, Non-Executive ChairmanSteven Richard Harrison, Senior Non-Executive DirectorCarolyn Jane Tobin, 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:Laxey Partners Limited, 5,344,826 shares, 11.56%Mrs C.J Tobin, 3,802,668 shares, 8.22%Lowland Investment Trust, 3,625,000 shares, 7.84%Mr & Mrs G.A Upsdell, 2,606,190 shares, 5.64%Mrs S.G Ainslie, 2,098,252 shares, 4.54%Post Office Staff Superannuation Scheme, 1,580,000 shares, 3.42% 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:30 June EXPECTED ADMISSION DATE:21 December 2005 NAME AND ADDRESS OF NOMINATED ADVISER:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LX NAME AND ADDRESS OF BROKER:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LX 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:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LX DATE OF NOTIFICATION:22 November 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:Official ListTHE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:27 May 1954CONFIRMATION 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:The Directors of Sirdar PLC confirm that, following due and careful enquiry, the Company has adhered to the legaland regulatory requirements involved in having its securities traded on the Official ListAN 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:Brewin Dolphin Securities Ltd, 34 Lisbon Street, Leeds LS1 4LXDETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY:The Company remains committed to continuing its strategy of focussing on the profitable growth of its existingoperations and to maintaining high standards of corporate governance.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:There has been no significant change in the financial or trading position of the Company, which has occurredsince 30 June 2005, being the end of the last financial period for which audited financial statements have beenpublished.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 of Sirdar PLC have no reason to believe that the working capital available to it or its group willbe 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:NoneA BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:SEAQ/CRESTA WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:www.sirdarplc.co.ukINFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:Additional information may be found at www.sirdarplc.co.ukA 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.sirdarplc.co.ukTHE 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