Application for Admission to PLUS (1275K)

TIDMESO

RNS Number : 1275K

EPE Special Opportunities PLC

11 July 2011

PLUS APPLICATION FOR ADMISSION ANNOUNCEMENT

EPE SPECIAL OPPORTUNITIES PLC

APPLICATION FOR ADMISSION TO PLUS

The Directors of EPE Special Opportunities plc (the "Company"), a public limited company incorporated in the Isle of Man with registered number 108834C, are pleased to announce that the Company has applied for the admission (the "Admission") of its issued share capital of 30,802,911 ordinary shares of 5 pence each (the "Ordinary Shares") and 10,000,000 convertible loan notes of GBP1 each (the "Convertible Loan Notes", together with the Ordinary Shares, the "Securities") to trading on PLUS-quoted, the primary market operated by PLUS Markets Group plc for trading of securities ("PLUS").

The Ordinary Shares were admitted to trading on the Alternative Investment Market of the London Stock Exchange ("AIM") on 16 September 2003. Going forward the Company intends for the Ordinary Shares to be traded on AIM and PLUS, and for the Convertible Loan Notes to be traded solely on PLUS.

The Company is subject to the City Code on Takeovers and Mergers.

BUSINESS ACTIVITIES

The Company was incorporated on 25 July 2003 as a private equity investment company focused on investing in small and medium-sized special situation transactions and distressed companies in the United Kingdom. The Company considers most industry sectors and shareholder structures utilising the experience of its investment adviser, EPIC Private Equity LLP.

When sufficient financial resources are available, the Company seeks to invest between GBP2 million and GBP10 million in a range of debt and equity instruments with a view to generating returns through both yield and capital gain. Whilst in general the Company aims to take controlling equity positions, it may seek to develop companies as a minority investor. The Directors of the Company may also authorise investments of less than GBP2 million occasionally whilst for investments larger than GBP5 million the Company may seek co-investment from third parties, either from its large, existing shareholders or, from time to time, non-shareholders.

The Company currently holds, directly and indirectly, interests in 11 private companies.

WEBSITE

Further details of the Company, its business and the Securities are available on the following website: http://www.epicprivateequity.com/epespecialopportunitiesplc_investors.ht ml

EXPECTED ADMISSION DATE

Trading in the Company's Securities on PLUS is expected to commence on 15 July 2011.

SETTLEMENT AND CREST

CREST is a paperless settlement system enabling securities to be evidenced otherwise than by certificate and transferred otherwise than by written instrument in accordance with the CREST Regulations.

Settlement of transactions in Ordinary Shares may take place within the CREST system. CREST is a voluntary system and therefore shareholders who wish to receive and retain share certificates are able to do so. All the Ordinary Shares are in registered form.

Application has been made for the Convertible Loan Notes to be admitted to CREST upon start of trading on PLUS. Accordingly, settlement of transactions in the Convertible Loan Notes following Admission may take place within the CREST system, should noteholders so wish. As CREST is a voluntary system, noteholders who wish to receive and retain loan note certificates will be able to do so.

OFFERING OF SECURITIES

There is no offering of the Securities being undertaken in connection with Admission.

PLUS CORPORATE ADVISER

Numis Securities Limited

CONTACT DETAILS

EPE SPECIAL OPPORTUNITIES PLC

Philip Scales

Tel: [phone]

NUMIS SECURITIES LIMITED

Stuart Skinner

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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