AIM Schedule 1 - Shellproof Plc (2860O)
18 September 2013 - 10:24AM
UK Regulatory
TIDMSHLP
RNS Number : 2860O
AIM
18 September 2013
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION
IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM
RULES")
-----------------------------------------------------------------------
COMPANY NAME:
-----------------------------------------------------------------------
Shellproof PLC (the "Company") to be renamed Gusbourne PLC
on admission
-----------------------------------------------------------------------
COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY
TRADING ADDRESS (INCLUDING POSTCODES) :
-----------------------------------------------------------------------
Registered Office of the Company:
7 Cowley Street
London SW1P 3NB
-----------------------------------------------------------------------
COUNTRY OF INCORPORATION:
-----------------------------------------------------------------------
United Kingdom
-----------------------------------------------------------------------
COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED
BY AIM RULE 26:
-----------------------------------------------------------------------
www.shellproofplc.com
-----------------------------------------------------------------------
COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR,
IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING
POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE
TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:
-----------------------------------------------------------------------
Shellproof PLC and its subsidiary, Shellproof Wines, is engaged
in the operation and development of an
English sparkling wine business that is currently based on
Shellproof Wines' freehold land at Halnaker, West Sussex and
on other sites in West Sussex. At 31 March 2013 Shellproof
PLC had funds available for further investment of GBP3.1 million.
The Company is proposing to acquire the Gusbourne Estates Business
and related Freehold Property based near Ashford, Kent. On
Admission it is proposed that the name of Shellproof PLC will
be changed to Gusbourne PLC.
The Company's principal activity will remain the operation
and development of an English sparkling wine business, although
following admission this will incorporate the award winning
Gusbourne brand. The Company intends to take advantage of further
anticipated market growth in the English sparkling wine industry
and intends to plant a further 100 acres of vineyards on its
freehold property, resulting in over 200 acres of prime vineyards
in Kent and Sussex. The Company expects to be producing, at
full maturity, grapes sufficient for the production of approximately
500,000 bottles of wine per annum.
The Company's main country of operation is the United Kingdom.
Admission is sought as a result of a reverse take-over under
Rule 14 of the AIM Rules for Companies.
-----------------------------------------------------------------------
DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS
AS TO TRANSFER OF THE SECURITIES (i.e. where known, number
and type of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury
shares):
-----------------------------------------------------------------------
15,224,814 ordinary shares of 50 pence each
-----------------------------------------------------------------------
CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED
MARKET CAPITALISATION ON ADMISSION:
-----------------------------------------------------------------------
GBP2.85 million to be raised on Admission. Anticipated market
capitalisation of GBP8.2 million
-----------------------------------------------------------------------
PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
-----------------------------------------------------------------------
Approximately 75%
-----------------------------------------------------------------------
DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH
THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES
(INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:
-----------------------------------------------------------------------
No other exchanges or platforms
-----------------------------------------------------------------------
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS
(underlining the first name by which each is known or including
any other name by which each is known):
-----------------------------------------------------------------------
Existing Directors of the Company
Ian George Robinson
Benjamin James Walgate
Andrew Stephen Wilson
Proposed Directors of the Company on Admission
Andrew Carl Vincent Weeber- Non-Executive Chairman
Paul Gerard Bentham- Non-Executive Director
Ian George Robinson- Non-Executive Director
Benjamin James Walgate- Chief Executive
Andrew Stephen Wilson- Non-Executive Director
-----------------------------------------------------------------------
FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED
AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER
ADMISSION (underlining the first name by which each is known
or including any other name by which each is known):
-----------------------------------------------------------------------
Before Admission
% issued
share capital
Lord Ashcroft 76.2%
Charles Stanley & Co 4.06%
After Admission (TBC)
% issued
share capital
Lord Ashcroft KCMG PC c. 60%
Andrew Weeber 12.8%
Paul Bentham 4.0%
-----------------------------------------------------------------------
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE
2, PARAGRAPH (H) OF THE AIM RULES:
-----------------------------------------------------------------------
None
-----------------------------------------------------------------------
(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION
DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited
interim financial information)
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS
PURSUANT TO AIM RULES 18 AND 19:
-----------------------------------------------------------------------
(i) 31 March
(ii) 31 March 2013
(iii) 31 December 2013, 30 September 2014, 31 December 2014
-----------------------------------------------------------------------
EXPECTED ADMISSION DATE:
-----------------------------------------------------------------------
27 September 2013
-----------------------------------------------------------------------
NAME AND ADDRESS OF NOMINATED ADVISER:
-----------------------------------------------------------------------
Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS
-----------------------------------------------------------------------
NAME AND ADDRESS OF BROKER:
-----------------------------------------------------------------------
Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS
-----------------------------------------------------------------------
OTHER THAN IN THE CASE OF A QUOTED APPLICANT, 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:
-----------------------------------------------------------------------
www.shellproofplc.com
The Admission Document will contain full details about the
Company and the admission of its securities.
-----------------------------------------------------------------------
DATE OF NOTIFICATION:
-----------------------------------------------------------------------
18 September 2013
-----------------------------------------------------------------------
NEW/ UPDATE:
-----------------------------------------------------------------------
New
-----------------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
PAALPMPTMBTBMTJ
Gusbourne (LSE:GUS)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Gusbourne (LSE:GUS)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
