AIM Schedule 1 Update - ATTRAQT Group Plc (6697Y)
07 March 2017 - 7:00PM
UK Regulatory
TIDMATQT
RNS Number : 6697Y
AIM
07 March 2017
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT
PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2
OF THE AIM RULES FOR COMPANIES ("AIM RULES")
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COMPANY NAME:
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ATTRAQT GROUP PLC ("ATTRAQT", or the "Company")
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COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT,
COMPANY TRADING ADDRESS (INCLUDING POSTCODES)
:
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3 Waterhouse Square, 138 Holborn, London, EC1N
2SW
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COUNTRY OF INCORPORATION:
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England
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COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION
REQUIRED BY AIM RULE 26:
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www.attraqt.com
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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:
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ATTRAQT is a leading provider of visual merchandising,
e-commerce site search and personalisation recommendation
technology. The Company is headquartered in
England at 3 Waterhouse Square, 138 Holborn,
London, EC1N 2SW.
The admission that the Company is seeking is
the result of a reverse takeover following the
completion of its acquisition of Fredhopper
B.V. ("Fredhopper"). Fredhopper, which is currently
a division of SDL plc, provides site search
and merchandising software to online retailers
primarily in the UK and Europe.
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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):
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Up to 108,507,933 ordinary shares of 1 pence
each at an issue price of 35 pence per share
comprised of 105,514,340 shares to be issued
under a firm placing and up to 2,993,593 to
be issued under an open offer.
No shares are held in treasury.
The shares are freely transferable and have
no restrictions placed on them.
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CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE)
AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
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Capital to be raised: GBP27.5 million plus up
to GBP1 million pursuant to an open offer
Anticipated market capitalisation : GBP37 million
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PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS
AT ADMISSION:
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59%
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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:
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None
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FULL NAMES AND FUNCTIONS OF DIRECTORS
(underlining the first name by which each is
known or including any other name by which each
is known):
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Nicholas (Nick) John Habgood (Chairman)
Ivor Scott Dunbar (Independent Non-Executive
Deputy Chairman)
André Brown (Co-founder & Chief Executive
Officer)
Mark Alasdair Smith Johnson (Finance Director)
Edward William Ewing (Independent Non-Executive
Director)
Robert Matthew Fenner (Non-Executive Director)
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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):
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Shareholders Before Admission After Admission**
Azini 3 LLP* 32.12% 16.32%
Dan Wagner 12.70% 3.24%
Andre Brown 12.17% 3.11%
Kestrel Investment Partners 8.91% 19.33%
Alan Doctor 6.10% 1.56%
Hargreave Hale Limited 3.89% 6.41%
Killik & Co LLP 3.50% 5.63%
David Weinberger 3.01% 0.77%
Herald Investment Trust
Plc - 7.619%
Henderson Volantis - 18.95%
Artemis Investment Management
LLP - 5.50%
Living Bridge - 3.30%
*Azini 3 LLP is a private equity fund which
is managed by Azini Capital Partners LLP.
Nick Habgood, Chairman of the Company is the
Managing Partner of Azini Capital Partners.
** excluding the effect of the open offer
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NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE
WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
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None
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(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:
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(i) 31 December
(ii) 31 December 2016
(iii) 30 September 2017
30 June 2018
30 September 2018
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EXPECTED ADMISSION DATE:
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8 March 2017
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NAME AND ADDRESS OF NOMINATED ADVISER:
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N+1 Singer Advisory LLP
One Bartholomew Lane
London
EC2N 2AX
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NAME AND ADDRESS OF BROKER:
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N+1 Singer Advisory LLP
One Bartholomew Lane
London
EC2N 2AX
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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:
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The admission document will contain full details
about ATTRAQT GROUP plc. and the admission of
its issued share capital to trading on AIM and
will be available on the Company's website at
www.attraqt.com.
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DATE OF NOTIFICATION:
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7 March 2017
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NEW/ UPDATE:
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Update
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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March 07, 2017 03:00 ET (08:00 GMT)
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