ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ARN Ardent Grp

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Ardent Grp LSE:ARN London Ordinary Share GB00B01NRD93 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

IEX Schedule one

03/08/2006 3:16pm

UK Regulatory


RNS Number:2140H
Ardent Group PLC
03 August 2006


IEX SCHEDULE ONE-PRE-ADMISSION ANNOUNCEMENT
ANNOUNCEMENT TO BE MADE BY THE IEX APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH IEX RULE 2
ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
 Ardent Group plc
COUNTRY OF INCORPORATION:
England
COMPANY ADDRESS:
 4th Floor, French Railways House, 178/180 Piccadilly, London W1J 9EN, United Kingdom
COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE TWO, PARAGRAPH (J) OF THE IEX RULES:
Ardent Group plc is a specialist provider of equity release products for senior citizens in Ireland. Equity release is
the generic term used to describe financial products that allow homeowners to realise some of the ownership value in
their property.
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):
92,083,333 Ordinary Shares with a nominal value of #0.01 each
CAPITAL TO BE RAISED ON ADMISSION:
 None
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
William (Billy) Kane, (Chairman and Chief Executive)

John Humphrey Gunn, (Deputy Chairman)

Donal Doran, (Chief Operating Officer)

Gerard (Gerry) Hunt (Finance Director)

Nicholas David Pople, (Non-Executive Director)

Rodger David Sargent, (Non-Executive Director)
PERSON(S) INTERESTED IN 5% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE
AND AFTER ADMISSION:

                                   Ordinary Shares       % of Issued Share
                                                         Capital before and
                                   held before  and      after Admission
                                   after Admission
William (Billy) Kane               11,481,199            12.5%
WB Nominees Limited*               18,846,588            20.5%
John Gunn*                         7,200,759             7.8%
Abacus CI Limited**                5,833,303             6.3%
Synbeam Limited**                  3,371,015             3.7%



Note*: John Gunn's shareholding, which is held in WB Nominees Limited, includes 3,200,334 ordinary shares held by Wengen
Pension Plan

Note**: Abacus CI Ltd is beneficially owned by the family trusts of Nigel Wray, principal beneficiaries of which are
Nigel Wray's children. Syncbeam Limited is a company wholly owned by Nigel Wray.


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE TWO, PARAGRAPH (H) OF THE IEX RULES:
Not Applicable
ANTICIPATED ACCOUNTING REFERENCE DATE:
 31 December
EXPECTED ADMISSION DATE:
 4 September 2006
NAME AND ADDRESS OF IEX ADVISER:
J&E Davy, Davy House, 49 Dawson Street, Dublin 2, Ireland
NAME AND ADDRESS OF BROKER:
J&E Davy, Davy House, 49 Dawson Street, Dublin 2, Ireland
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:

NEW/ UPDATE (see note):  NEW
QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE IEX DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:
 AIM market of the London Stock Exchange
THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
 25 April 2006
CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS
INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET:
The Applicant confirms, having made due and careful enquiry, that as at the date of this announcement the Company has
adhered to the legal and regulatory requirements involved in having its securities traded on the AIM market of the
London Stock Exchange.
AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LAST
TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:


4th Floor, French Railways House, 178/180 Piccadilly, London W1J 9EN, United Kingdom
DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY:
Ardent Group plc is a specialist provider of equity release products for senior citizens in Ireland. Equity release is
the generic term used to describe financial products that allow homeowners to realise some of the ownership value in
their property.
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:
Otherwise than disclosed in the Company's public records, there has been no significant change in the financial or
trading position of the Company since 31 December 2005, the end of the last financial year for which audited financial
statements have been published.
A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TO IT OR
ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:
In the opinion of the directors of the Company, having made due and careful enquiry, the working capital available to
the Company and its subsidiaries will be sufficient for its present requirements, that is for at least a period of 12
months from the date of Admission.
DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE IEX RULES:
Details are contained in the Admission Document available at www.shipireland.ie/admin.pdf
A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:
Following Admission settlement of transactions in the Ordinary Shares may take place within the CREST system if
Shareholders so wish. CREST is a voluntary system and holders of Ordinary Shares who wish to receive and retain share
certificates will be able to do so.
A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:
Details are contained in the Admission Document available at www.shipireland.ie/admin.pdf
INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:
 Not applicable
A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A FINANCIAL
YEAR END NOT MORE THAN NINE MONTHS PRIOR TO ADMISSION AND FULLY AUDITED INTERIM RESULTS WHERE APPLICABLE.  THE ACCOUNTS
MUST BE PREPARED ACCORDING TO IRISH, UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS.
www.shipireland.ie/admin.pdf
THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY.

None




Note: THIS FIELD SHOULD INDICATE THAT THE ANNOUNCEMENT IS 'NEW' AND ALL RELEVANT FIELDS SHOULD BE COMPLETED. OTHERWISE
WHERE THE FORM IS REQUIRED TO BE COMPLETED IN RESPECT OF AN 'UPDATE' ANNOUNCEMENT, THIS SHOULD BE INDICATED. IN SUCH
CASES, ALL THE ORIGINAL INFORMATION SHOULD BE INCLUDED WITH ANY AMENDED FIELDS EMBOLDENED.













This announcement has been issued through the Companies Announcement Service of

                            the Irish Stock Exchange


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

ISEAKNKPNBKDCFK

1 Year Ardent Chart

1 Year Ardent Chart

1 Month Ardent Chart

1 Month Ardent Chart

Your Recent History

Delayed Upgrade Clock