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PLN Planetel SPA

4.66
-0.12 (-2.51%)
25 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Planetel SPA BIT:PLN Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.12 -2.51% 4.66 4.62 4.74 4.78 4.66 4.78 4,750 16:40:00

Schedule 1 - Planit Holdings

19/12/2003 7:01am

UK Regulatory


RNS Number:4566T
AIM
19 December 2003


             ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Planit Holdings plc

COMPANY ADDRESS:
Inca House, Eureka Science & Business Park, Ashford, Kent

COMPANY POSTCODE:
TN25 4AB

COUNTRY OF INCORPORATION:
England & Wales

COMPANY BUSINESS:
Specialising in the design, development and distribution of computer software for the woodworking and engineering
industries, managing the business process from point of sale to final product manufacture

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
91,616,835 ordinary shares of 10p each

CAPITAL TO BE RAISED ON ADMISSION:
None, company is moving from the Official List

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Michael Jackson, Non-Executive Chairman

Trevor Semadeni, Chief Executive Officer

Bryan Pryce, Chief Operating Officer

Paul Stobart, Non-Executive Director

Jonathan Lee, Chief Financial Officer

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:
Before and after admission



Shareholder                                                                                      Percentage



T N Semadeni (Director)                                                                               30.43

Artemis UK Smaller Companies Fund                                                                      7.84

A L R Morton                                                                                           5.35

M E W Jackson (Director)                                                                               4.81

R A Billett                                                                                            4.15

Prudential Plc                                                                                         4.06

Edinburgh Small Companies Trust                                                                        3.36

Fidelity Management and Research Company                                                               3.27



NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES:
Nothing to be disclosed

ANTICIPATED ACCOUNTING REFERENCE DATE:
30 April

EXPECTED ADMISSION DATE:
22 January 2004

NAME AND ADDRESS OF NOMINATED ADVISER:
Evolution Beeson Gregory Limited, 100 Wood Street, London EC2V 7AN

NAME AND ADDRESS OF BROKER:
Evolution Beeson Gregory Limited, 100 Wood Street, London EC2V 7AN

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:
No admission document being published

DATE OF NOTIFICATION:
19 December 2003

NEW/ UPDATE (see note):
NEW

QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:
UKLA Official List

THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
7 April 1998

FOLLOWING DUE AND CAREFUL ENQUIRY IT CAN BE CONFIRMED THAT THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY
REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET:
Confirmed

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:
www.planitholdingsplc.com

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY:
The Group continues to grow organically and through acquisitions. The recovery in the UK and US manufacturing
industries allows the Company to be cautiously optimistic about the immediate future. The Group's long-term strategy is
to consolidate the large but fragmented Computer Aided Manufacturing software ("CAM") market and to become a dominant
force in this market. The Group has a proven formula for acquiring companies and integrating them into its business and
it is the Group's intention to continue this process.

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:
No significant change in financial or trading position of the Company since 30 April 2003

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:
The Directors of the Company have no reason to believe that the Company's working capital will be insufficient for at
least twelve months from the date of its admission.

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

A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:
To be settled through CREST

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:
www.planitholdingsplc.com

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 THEN NINE MONTHS PRIOR TO ADMISSION.  THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP OR
INTERNATIONAL ACCOUNTING STANDARDS.
www.planitholdingsplc.com

THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY.
None






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

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