AIM Schedule One - Armour Group plc (3600Q)

TIDMAMR

RNS Number : 3600Q

AIM

26 February 2016

 
         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: 
------------------------------------------------------------- 
 
   Armour Group Plc (to be renamed OneView Plc 
   on admission) (the "Company") 
------------------------------------------------------------- 
 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, 
  COMPANY TRADING ADDRESS (INCLUDING POSTCODES) 
  : 
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   Suite 25 
   6-8 Revenge Road 
   Lordswood 
   Chatham 
   Kent 
   ME5 8UD 
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 COUNTRY OF INCORPORATION: 
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   England & Wales 
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 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION 
  REQUIRED BY AIM RULE 26: 
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   www.armourgroup.uk.com (also to be www.oneviewcommerce.com 
   on admission) 
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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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 The Company proposes to acquire the entire issued 
  share capital of OneView Commerce Inc ("OneView") 
  which is based in the US and operates in Europe 
  and the US. 
 
  The acquisition constitutes a reverse take-over 
  under Rule 14 of the AIM Rules, and to seek 
  the admission of all of its issued and to be 
  issued share capital to AIM on completion of 
  this acquisition following shareholder approval. 
 
  The Company has been an investing company since 
  the disposal of its only operating division, 
  Armour Home Electronics Limited on 4 August 
  2014 and has an investing policy which seeks 
  opportunities to offer the potential for significant 
  capital growth for its shareholders. The Company's 
  shares were suspended from trading on AIM on 
  5 August 2015. 
 
  OneView was founded in 2010 and has developed 
  a suite of software products for the retail 
  market that aim to provide a seamless and consistent 
  experience for customers as they shop both online 
  and in store. The solution enables both stores 
  and online orders on mobile or fixed till devices. 
  OneView also offers an enterprise dashboard 
  that provides central control of all relevant 
  data to the system of mobile and stationary 
  devices. This dashboard contains a global inventory 
  overview and centralised promotions engine in 
  order to send promotions to current and potential 
  customers across all channels (email, post etc.) 
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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): 
------------------------------------------------------------- 
 
   351,005,381 ordinary shares of 1p each ("Ordinary 
   Shares") at a price of 5p per Ordinary Shares 
   to be admitted 
 
   No shares held in treasury 
   No restrictions as to transfer of the securities 
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 CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) 
  AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: 
------------------------------------------------------------- 
 
   Anticipated market capitalisation on Admission: 
   GBP17.55 million 
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 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS 
  AT ADMISSION: 
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   TBC 
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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: 
------------------------------------------------------------- 
 
   None 
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 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): 
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 Current Directors of Armour: 
  Arthur Leonard Robert (Bob) Morton (Executive 
  Chairman) 
  Mark John Wilson (Finance Director) 
 
  Board on Admission: 
  Ashley Richard Abrahams (Non-Executive Chairman) 
  Mark John Wilson (Finance Director) 
  Stuart Roger Mitchell (Executive Director) 
  Linda Palanza (Executive Director) 
  Gary Rodney Lane (Non-Executive Director) 
  Matthew (Matt) Wood (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: 
    Shareholder                  Number of         Percentage 
                           Ordinary Shares    of issued share 
                                      held            capital 
   --------------------  -----------------  ----------------- 
    Hawk Investment 
     Holdings Limited           46,500,025               47.9 
   --------------------  -----------------  ----------------- 
    Mr Robert Atherton           3,901,191               4.02 
   --------------------  -----------------  ----------------- 
    Seraffina Holdings 
     Limited                     3,678,185               3.79 
   --------------------  -----------------  ----------------- 
    Armour Employee's 
     Share Trust                 3,424,000               3.53 
   --------------------  -----------------  ----------------- 
 
 
 
   After Admission: 
    Shareholder               Number of         Percentage 
                        Ordinary Shares    of issued share 
                                   held            capital 
   -----------------  -----------------  ----------------- 
    ALR Morton*              81,344,791              22.2% 
   -----------------  -----------------  ----------------- 
    Stuart Mitchell          93,152,232              25.4% 
   -----------------  -----------------  ----------------- 
    Lane Capital             62,384,761              17.0% 
   -----------------  -----------------  ----------------- 
 
 
   *represents beneficial holding only and shares 
   held through Hawk Investments Limited, Hawk 
   Pension Fund Limited and his wife Susan Morton. 
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 NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE 
  WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: 
------------------------------------------------------------- 
 
   There are no such persons. 
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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: 
------------------------------------------------------------- 
 
             (i) 31 March 
             (ii) 30 September 2015 
             (iii) 30 September 2016 (12 month audited annual 
             report to 31 March 2016); 
             31 December 2016 (6 month unaudited interim 
             report to 30 September 2016); 
             and 30 September 2017 (12 month audited annual 
             report to 31 March 2017). 
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 EXPECTED ADMISSION DATE: 
------------------------------------------------------------- 
 
   21 March 2016 
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 NAME AND ADDRESS OF NOMINATED ADVISER: 
------------------------------------------------------------- 
 
   finnCap Ltd 
   60 New Broad Street 
   London 
   EC2M 1JJ 
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 NAME AND ADDRESS OF BROKER: 
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   finnCap Ltd 
   60 New Broad Street 
   London 
   EC2M 1JJ 
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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: 
------------------------------------------------------------- 
 
   www.armourgroup.uk.com soon to be www.oneviewcommerce.com 
 
   The Admission Document will contain full details 
   about the Company and the admission of its Ordinary 
   Shares to AIM. 
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 DATE OF NOTIFICATION: 
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 26 February 2016 
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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 26, 2016 11:00 ET (16:00 GMT)