AIM Schedule 1 - Attraqt Group Plc (1232X)

TIDMATQT

RNS Number : 1232X

AIM

17 February 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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 7 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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 17 February 2017 
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 NEW/ UPDATE: 
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 New 
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This information is provided by RNS

The company news service from the London Stock Exchange

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February 17, 2017 03:00 ET (08:00 GMT)