AIM Prospective Admission
May 12 2003 - 9:55AM
UK Regulatory
RNS Number:9753K
AIM
12 May 2003
ANNOUNCEMENT TO BE MADE BY AIM APPLICANT
AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION
ALL APPLICANTS MUST COMPLETE THE FOLLOWING:
COMPANY NAME:
COE Group PLC (currently called Timeload plc)
COMPANY ADDRESS:
Registered address: Convention House, St Mary's Street, Leeds
Head Office address: Photon House, Percy Street, Leeds
COMPANY POSTCODE:
Registered address: LS9 7DP
Head Office address: LS12 1EG
COUNTRY OF INCORPORATION:
England
COMPANY BUSINESS:
COE is a premium provider of technology for managed video networks.
DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
Up to 12,405,230 ordinary shares of 5 pence nominal value, no issue price.
CAPITAL TO BE RAISED ON ADMISSION:
None
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS: Upon admission: Dick Eykel, Non-executive Chairman; Brian
Wadsworth, Chief Executive Officer; Mark Marriage, Technical Director; Colin Glass, Non-executive Finance Director;
John Cook, Non-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:
To be confirmed.
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:
The accounting reference date of the Company is 31 December. Following admission of the Company this will be changed
to 30 June.
EXPECTED ADMISSION DATE:
28 May 2003
NAME AND ADDRESS OF NOMINATED ADVISER:
Deloitte & Touche Corporate Finance, Stonecutter Court, 1 Stonecutter Street, London EC4A 4TR.
NAME AND ADDRESS OF BROKER:
Durlacher Limited, 4 Chiswell Street, London EC1Y 4UP.
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 about the applicant and the proposed admission to AIM, and which also
contains details of the Timeload plc capital reduction and reorganisation, tender offer and acquisition of COE Limited,
is available for inspection at the offices of Charles Russell, 8-10 New Fetter Lane, London EC4A 1RS.
DATE OF NOTIFICATION:
12 May 2003
NEW/ UPDATE (see note):
New
LISTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:
DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY
See paragraph 8, "Future Strategy", set out on page 28 in Part II of the admission document dated 28 March 2003.
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
See paragraph 9, "Significant Changes", set out on page 121 in Part IX of the admission document dated 28 March 2003.
A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT ITS WORKING CAPITAL WILL BE INSUFFICIENT
FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION
See the Directors' and Proposed Directors' statement on working capital set out on page 121, paragraph 11 of Part IX of
the admission document dated 28 March 2003.
DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.
None
This information is provided by RNS
The company news service from the London Stock Exchange
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