BLC Bow Lane Cap.

RNS Number:2851G
AIM
17 July 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:
Bow Lane Capital Plc (to be renamed Silverdell Plc on Admission)

COMPANY ADDRESS:
20 Black Friars Lane
London

COMPANY POSTCODE:
EC4V 6HD

COUNTRY OF INCORPORATION:
UK

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:
The Company will be, following the proposed acquisition of Silverdell (UK) Limited (a UK asbestos consultancy and
remediation contractor), a holding company of that company.

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 and type to be held as treasury shares):
11,400,000 existing Ordinary Shares of 10p each to be re-admitted
16,000,000 new Ordinary Shares of 10p each to be admitted (by way of placing)
4,801,055 new Ordinary Shares of 10p each to be admitted (as vendor consideration)


CAPITAL TO BE RAISED ON ADMISSION:
#12 million

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Current Board:
David Williams                         Non-executive Chairman
James Corsellis                        Director
Mark Watts                             Director
Benjamin Shaw                          Non-executive Director



Proposed Board on Admission:
David Williams                         Non-executive Chairman
Mark Watts                             Non-executive Director
Daniel Spicer                          Chief Executive Officer
Sean Nutley                            Chief Operating Officer


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:
                                             Percentage holding before admission

Marwyn Neptune Fund LP                                    70.2%
Killik & Co*                                              22.6%
NCl Smith & Williamson                                     3.5%

*of which 8.77% is held on behalf of David Williams



                                             Percentage holding after admission

Marwyn Neptune Fund LP                                     35.9%
Killik & Co*                                               16.2%
Danny J Spicer                                              6.9%
Danny T Spicer                                              3.1%
Canada Life                                                 6.2%
Fidelity Investment Services Limited                        6.2%
GAM                                                         4.1%



*of which 3.1% is held on behalf of David Williams



NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
N/A

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December

EXPECTED ADMISSION DATE:
19 July 2006

NAME AND ADDRESS OF NOMINATED ADVISER:
Collins Stewart Limited, 9th Floor, 88 Wood Street, London EC2V 7QR

NAME AND ADDRESS OF BROKER:
Collins Stewart Limited, 9th Floor, 88 Wood Street, London EC2V 7QR

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 will be available from the offices of Collins Stewart Limited, 9th Floor, 88 Wood Street,
London EC2V 7QR and will contain full details about the applicant and the admission of its securities

DATE OF NOTIFICATION:
17 July 2006

NEW/ UPDATE (see note):
UPDATE





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AIMBBGDRUSBGGLR

Bow Lane Cap. (LSE:BLC)
Historical Stock Chart
Von Mai 2024 bis Jun 2024

Bow Lane Cap. (LSE:BLC)
Historical Stock Chart
Von Jun 2023 bis Jun 2024