SAW Shaw(A)

RNS Number:8072Z
AIM
12 August 2002



ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS PRIOR TO 
ADMISSION

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Arthur Shaw & Company Plc ("Arthur Shaw" or "the Company")


COMPANY ADDRESS:
1 Star Street
London


COMPANY POSTCODE:
W2 1QD


COUNTRY OF INCORPORATION:
England


COMPANY BUSINESS:
Since October 1999, Arthur Shaw has developed a media business including 
internet broadcasting and content provision.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, 
nominal value and issue price): 1,268,869,289 ordinary shares of 0.1p each


CAPITAL TO BE RAISED ON ADMISSION:
#Nil


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Bryan Anthony Morrison (Chairman & Chief Executive)
Michael Guy Lister (Tim) Curle (Finance Director)
Steven Jan Winston (Executive Director)
Ian Charles Tickler (Non-executive Director)
Richard John Halcrow (Non-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:
Chase Nominees Limited - 5.2%
WB Nominees Limited - 4.2%


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
2, PARAGRAPH (G) OF THE AIM RULES.
Peter Frohlich is a consultant to the Company and receives an annual consultancy 
fee of #50,000.  During the past 12 months, he was also granted warrants to 
subscribe for 10,000,000 shares at 0.68p per share.

David Glick is a consultant to the Company and receives an annual fee of #30,000.


ANTICIPATED ACCOUNTING REFERENCE DATE:
30 September


NAME AND ADDRESS OF NOMINATED ADVISER:
KBC Peel Hunt Plc
62 Threadneedle Street
London
EC2R 8HP


NAME AND ADDRESS OF BROKER:
KBC Peel Hunt Plc
62 Threadneedle Street
London
EC2R 8HP


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.
Not applicable


DATE OF NOTIFICATION:
12 August 2002


NEW/ UPDATE (see note):
New


LISTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE 
OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY
The Directors intend to develop Arthur Shaw into a broad based media business
through a combination of acquisitions and organic growth.  In particular the
Directors intend to  concentrate on the acquisition of related businesses in
music publishing and record label ownership as well as continuing the Company's
expansion into web development through both Streamteam and Cyberconcerts.


A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE 
APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR 
WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED OR AN APPROPRIATE NEGATIVE 
STATEMENT
Arthur Shaw announced on 1 August 2002, that due to a sudden deterioration in
trading at its engineering division, the Company was unable to continue
supporting the division.   As a result, the directors of two of Arthur Shaw's
subsidiaries; Arthur Shaw Manufacturing Limited and Jackdaw (Fasteners) Limited
commenced insolvency proceedings on 2 August 2002.


With the exception of the above statement and other than as disclosed in Arthur
Shaw's interim results for the 6 months ended 31 March 2002, there have been no
significant changes in the Company's financial or trading position since the
publication of Arthur Shaw's annual report for the period ending 30 September
2001.


A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT 
ITS WORKING CAPITAL WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE 
DATE OF ITS ADMISSION
The Directors have no reason to believe that, taking into account Arthur Shaw's
available bank and other facilities, the working capital available to it will be
insufficient for at least the 12 months from the date of its admission.

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.
None




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

END

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