Sch 1 Update-Staffing Venture
09 Januar 2004 - 11:16AM
UK Regulatory
RNS Number:0448U
AIM
09 January 2004
ANNOUNCEMENT TO BE MADE BY AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2
ALL APPLICANTS MUST COMPLETE THE FOLLOWING:
COMPANY NAME:
Staffing Ventures plc to be renamed Supporta plc
COMPANY ADDRESS:
22a Theobalds Road, London
COMPANY POSTCODE:
WC1X 8PF
COUNTRY OF INCORPORATION:
England and Wales
COMPANY BUSINESS:
Outsourced payroll services primarily to the public sector
DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
TOTAL SHARES: 23,202,194 Ordinary Shares
EXISTING SHARES: 7,675,878 Existing Ordinary Shares of 5p each in issue on 5 December 2003 being the date upon which
the Admission Document was posted to shareholders
PLACING SHARES: 10,526,316 Ordinary Shares of 5p each at an issue price of 38 pence per Ordinary Share
CONSIDERATION SHARES: 5,000,000 Ordinary Shares of 5p each to be issued by the Company to the Vendor by way of
consideration pursuant to the Acquisition
CAPITAL TO BE RAISED ON ADMISSION:
#4,000,000
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
DIRECTORS
Robert Holt - Non Executive Chairman
Gavin Mark Kaye - Chief Executive
Philip David Ellis - Finance Director
Simon Gee - Non Executive Director
PROPOSED DIRECTORS (effective upon completion of Acquisition)
John William Williams - Non Executive Director
Michael Joseph Curran - Executive Director
PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
STATING WHETHER BEFORE OR AFTER ADMISSION:
BEFORE ADMISSION:
Unicorn Asset Management 19.54
Rathbone Investment Management 15.43
Intrinsic Value Plc 9.31
Williams de Broe 6.77
JO Hambro Capital Management 6.67
Sedley DR 3.26
IMMEDIATELY FOLLOWING ADMISSION OF CONSIDERATION AND PLACING SHARES:
Unicorn Asset Management 15.54
Rathbone Investment Management 11.35
Intrinsic Value Plc 4.22
Williams de Broe 2.24
JO Hambro Capital Management 6.74
Sedley DR 1.08
Parys Snowdon Group Limited 21.55
Ruffer Investment Management 9.07
Framlington Investment Management 6.24
ISIS Asset Management 4.54
New Star Asset Management 4.31
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 DATE OF ADMISSION
Existing and Placing Shares - 12th January 2004
Consideration Shares - 13th January 2004
NAME AND ADDRESS OF NOMINATED ADVISER:
Arbuthnot Securities Limited, One Victoria Square, Birmingham B1 1BD
NAME AND ADDRESS OF BROKER:
Arbuthnot Securities Limited, One Victoria Square, Birmingham B1 1BD
DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS
WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES.
The Admission Document containing full details of Staffing Ventures plc and Parys Snowdon Payroll (to be known as
Supporta plc following admission), will be available for inspection at the offices of BPE, St. James's House, St.
James' Square, Cheltenham GL50 3PR, from the date of posting the document to shareholders on 5 December 2003 until 10
February 2004.
DATE OF NOTIFICATION:
9 January 2004
NEW/ UPDATE (see note):
Update
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The company news service from the London Stock Exchange
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