Schedule 1 - Deuxmil Marine plc

    RNS Number : 2887U
  AIM
  13 May 2008
   



 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:
 Deuxmil Marine plc

 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS
 (INCLUDING POSTCODES) :
 Registered office:
 Finsgate
 5-7 Cranwood Street
 London
 EC1V 9EE


 Principal place of business:
 Cowford Barge
 Pontoon A
 Paddington Basin
 London
 W2 1JS

 COUNTRY OF INCORPORATION:
 England & Wales

 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
 www.deuxmilmarine.com

 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:
 Deuxmil Marine plc (the "Company") is incorporated in England and Wales. The
 Company, through its wholly owned subsidiary, Yacht Fuel Services Limited, is
 the world's largest supplier of fuel for Super Yachts and provides a range of
 services to them. In 2007, it supplied fuel to 303 Super Yachts out of the
 world fleet totalling approximately 750 Super Yachts. These supplies occurred
 in 152 ports in 60 countries, as well as deliveries to other more remote
 ports around the world. 


 The Company is looking to acquire the entire issued share capital of YCO
 S.A.M ("YCO"), a company incorporated in the principality of Monaco.


 YCO was founded in 2003 by Gary Wright, John Clark and Charles Birkett as a
 Super Yacht management and consultancy firm. It opened its headquarters in
 Monaco in 2004. In 2007, YCO opened its second office in Antibes, France. 


 Since incorporation, the range of services offered by YCO has evolved beyond
 management and consultancy, and the company is now focused on the provision
 of the foll
 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):
 21,556,352 new ordinary shares of 0.35p each ("Ordinary Shares") pursuant to
 a share consolidation (1)
 16,734,694 new Ordinary Shares via a placing at 49p per share.
 9,641,652 new Ordinary Shares as vendor consideration.
 Total: 47,932,698 new Ordinary Shares.


 (1) Based on the share register of Deuxmil Marine plc as at 30 April 2008.

 CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET
 CAPITALISATION ON ADMISSION:
 £8,200,000 to be raised via a placing at 49p per share.
 Market capitalisation on admission at the placing price will be approximately
 £23.5 million.

 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
 Approximately 69.72 per cent. will not be in public hands at admission.

 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
 Laurence Joseph Milton, Executive Chairman
 Neil Miller, Chief Executive Officer
 Charles Alan Smith, Finance Director
 Peter Harry Jay, Non-executive Director
 Peter Daniel Shea, Non-executive Director


 Proposed Directors
 Gary Wright, proposed Executive Director
 Charles Nicholas Keith Birkett, proposed 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
 Laurence Milton, 31.48%
 Neil Miller, 31.48%
 Pershing Keen Nominees Limited (design. GWCLT), 3.88%
 Barnaby Skipwith, 3.31%


 After
 State Street Nominees, 21.30%
 Laurence Milton, 14.16%
 Neil Miller, 14.16%
 Suisscourtage S.A.M., 8.52%
 Gary Wright (1), 6.70%
 Charles Birkett (2), 6.70%
 John Clark, 6.70%
 Pershing Keen Nominees Limited (desig. HHCLT), 4.35%


 (1) Gary Wright's interest will be held through Trafalgar Group Holdings
 Limited.
 (2) Charles Birkett's interest will be held through Geminico Limited B.V.I.

 NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH
 (H) OF THE AIM RULES:
 N/A

 * ANTICIPATED ACCOUNTING REFERENCE DATE 
 * DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS
 BEEN PREPARED
 * DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM
 RULES 18 AND 19:
 * 31 December
 * 30 September 2007
 * AIM Rule 19 - full year figures to 31 December 2007 by 30 June 2008
 AIM Rule 18 - interim figures to 30 June 2008 by 30 September 2008
 AIM Rule 19 - full year figures to 31 December 2008 by 30 June 2009

 EXPECTED ADMISSION DATE:
 28 May 2008

 NAME AND ADDRESS OF NOMINATED ADVISER:
 WH Ireland Limited
 11 St. James's Square
 Manchester
 M2 6WH

 NAME AND ADDRESS OF BROKER:
 Hichens, Harrison & Co. plc
 Bell Court House
 11 Blomfield Street
 London
 EC2M 1LB

 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 will be available from the offices of WH Ireland
 Limited, 11 St. James's Square, Manchester, M2 6WH and contains full details
 about Deuxmil Marine plc and the admission of its securities.

 DATE OF NOTIFICATION:
 13 May 2008

 NEW/ UPDATE:
 New




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