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VES Vestpa

0.80
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vestpa LSE:VES London Ordinary Share GB00B1XHLW32 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Schedule 1 - Vestpa plc

26/11/2007 10:30am

UK Regulatory


RNS Number:4696I
AIM
26 November 2007


 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:
Vestpa Plc (to be renamed China Food Company Plc)


COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS 
(INCLUDING POSTCODES):
17 Hanover Square

London

W1S 1HU


COUNTRY OF INCORPORATION:
England and Wales


COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.vestpa.co.uk (to be changed to www.chinafoodcompany.com with effect from
Admission)



COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN
INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY).  IF THE ADMISSION IS
SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Vestpa is currently an investing company. Following completion of the
acquisition of Full Fortune Holdings Pte. Limited, on Admission the principal
activity of its trading subsidiaries will be the manufacture and sale of animal
feed and condiments for human consumption.



Main country of operation: China.



Admission is sought in connection with a reverse take-over under Rule 14.


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):

66,400,001 Ordinary Shares having a nominal value of 4p each.


CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET 
CAPITALISATION ON ADMISSION:
#5 million by way of subscriptions.



Anticipated market capitalisation on Admission is #33,200,001 (based on the 
issue price of the consideration shares).


PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

86.41%


DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES 
(OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:
N/A


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):
Directors:

John Nigel Major McLean (Executive Director and Proposed Non-executive Chairman)

James Andrew Cane (Non-executive Director)*

Thomas Francis Vaughan (Non-executive Director)*



* - resigning with effect from Admission.



Proposed Directors:

Raphael Tham Wai Mun (Proposed Chief Executive Officer)

Feng Bo (Proposed Chief Operating Officer)

Frank Chau Leung Yu (Proposed Chief Financial Officer)

Derek Richard Marsh (Proposed 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:

Albany Capital Plc (59.16%)

Andorra Banc Agricol Reig, SA (5.41%)



After Admission:

Sound Venture Holdings Inc. (31.28%)

Main World Investments Limited (22.25%)

Albany Capital Plc (19.05%)

IFS Capital Assets Pte. Limited (6.27%)

Lam Soon Realty (Pte) Limited (3.78%)


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

(iii)               DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i) 31 December

(ii) Information on Vestpa Plc prepared to 30 September 2007 and information on
Full Fortune Holdings Pte. Limited and its subsidiaries prepared to 30 June 2007

(iii) 30 June 2008 (Annual Results for the year ended 31 December 2007)

30 September 2008 (Interim Results for the six months ended 30 June 2008)

30 June 2009 (Annual Results for the year ended 31 December 2008)


EXPECTED ADMISSION DATE:
10 December 2007


NAME AND ADDRESS OF NOMINATED ADVISER:
Strand Partners Limited
26 Mount Row
London W1K 3SQ


NAME AND ADDRESS OF BROKER:
Strand Partners Limited
26 Mount Row
London W1K 3SQ


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:

The Admission Document containing full details about the applicant and its
securities, will be available for public inspection for a period of not less
than one month from the date of admission at the following location during
normal business hours on any weekday (other than Saturdays, Sundays and public
holidays):

Fasken Martineau Stringer Saul LLP
17 Hanover Square                                         
London W1S 1HU


DATE OF NOTIFICATION: 

26 November 2007

NEW/ UPDATE:

New




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

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