Schedule 1 - Staffing Venture

RNS Number:2886T
AIM
15 December 2003

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

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Staffing Ventures plc to be renamed Supporta plc


COMPANY ADDRESS:
22a Theobalds Road, London


COMPANY POSTCODE:
WC1X 8PF


COUNTRY OF INCORPORATION:
England and Wales


COMPANY BUSINESS:
Outsourced payroll services primarily to the public sector


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, 
nominal value and issue price):


TOTAL SHARES: 23,202,194 Ordinary Shares



EXISTING SHARES: 7,675,878 Existing Ordinary Shares of 5p each in issue on 5 
December 2003 being the date upon which the Admission Document was posted to 
shareholders



PLACING SHARES: 10,526,316 Ordinary Shares of 5p each at an issue price of 38 
pence per Ordinary Share



CONSIDERATION SHARES: 5,000,000 Ordinary Shares of 5p each to be issued by the 
Company to the Vendor by way of consideration pursuant to the Acquisition


CAPITAL TO BE RAISED ON ADMISSION:
#4,000,000


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:


DIRECTORS



Robert Holt - Non Executive Chairman
Gavin Mark Kaye - Chief Executive
Philip David Ellis - Finance Director
Simon Gee - Non Executive Director

PROPOSED DIRECTORS (effective upon completion of Acquisition)

John William Williams - Non Executive Director
Michael Joseph Curran - Executive Director


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 ADMISSION:


Unicorn Asset Management                              19.54
Rathbone Investment Management                        15.43
Intrinsic Value Plc                                   9.31
Williams de Broe                                      6.77
JO Hambro Capital Management                          6.67
Sedley DR                                             3.26



IMMEDIATELY FOLLOWING ADMISSION OF CONSIDERATION AND PLACING SHARES:


Unicorn Asset Management                              15.54
Rathbone Investment Management                        11.35
Intrinsic Value Plc                                   4.22
Williams de Broe                                      2.24
JO Hambro Capital Management                          6.74
Sedley DR                                             1.08
Parys Snowdon Group Limited                           21.55
Ruffer Investment Management                          9.07
Framlington Investment Management                     6.24
ISIS Asset Management                                 4.54
New Star Asset Management                             4.31

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES.
None


ANTICIPATED ACCOUNTING REFERENCE DATE:
31 March


EXPECTED DATE OF ADMISSION
Existing and Placing Shares - 12th January 2004

Consideration Shares - 16th January 2004


NAME AND ADDRESS OF NOMINATED ADVISER:
Arbuthnot Securities Limited, One Victoria Square, Birmingham B1 1BD


NAME AND ADDRESS OF BROKER:
Arbuthnot Securities Limited, One Victoria Square, Birmingham B1 1BD


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 of Staffing Ventures plc and Parys Snowdon Payroll (to be known as
Supporta plc following admission), will be available for inspection at the offices of BPE, St. James's House, St.
James' Square, Cheltenham GL50 3PR, from the date of posting the document to shareholders on 5 December 2003 until 5
January 2004.


DATE OF NOTIFICATION:
15 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

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



CONFIRMATION, FOLLWING DUE AND CAREFUL ENQUIRY, THAT THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS
INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET:



AN ADDRESS OR WEB-SIRTE 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:



DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY



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 OR AN APPROPRIATE NEGATIVE STATEMENT



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:

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.



A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES



INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC



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. THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP OR
INTERNATIONAL ACCOUNTING STANDARDS







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