AIM Prospective Admission
June 02 2003 - 1:45PM
UK Regulatory
RNS Number:8294L
AIM
02 June 2003
ANNOUNCEMENT TO BE MADE BY PROSPECTIVE AIM COMPANY AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION
COMPANY NAME:
Eckoh Technologies plc
COMPANY ADDRESS:
Telford House, Corner Hall, Hemel Hempstead, Hertfordshire
COMPANY POSTCODE:
HP3 9HN
COUNTRY OF INCORPORATION:
England
COMPANY BUSINESS:
Design, building, hosting and management of speech solutions for large corporations and organisations using
advanced IVR and speech recognition technologies
DETAILS OF SECURITIES TO BE ADMITTED (ie, where known, number of shares, nominal value and issue price):
207,625,358 Ordinary shares of 0.25p each
CAPITAL TO BE RAISED ON ADMISSION
Zero
FULL NAMES AND FUNCTIONS OF DIRECTORS, INCLUDING SHADOW AND PROPOSED DIRECTORS:
M R Turner - Chief Executive Officer
B D McArthur Muscroft - Group Finance Director
N B Philpot - Chief Operating Officer and Deputy Chief Executive Officer
D G Best - Non-Executive Chairman
N E Alexander - Non-Executive Director
C L B Niven- Non-Executive Director
N W Macdonald- 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:
Gartmore *- 10.47%
Arlington Group PLC - 6.69%
Herald Investment Trust PLC - 6.45%
UBS Global Asset Management Life Limited- 5.33%
Bank of Bermuda (Isle of Man) Limited - 4.09%
Invesco English & International Trust plc - 3.99%
D J Thompson - 3.07%
* Shares held in the name of Gartmore Investment Limited, Gartmore Fund Managers Limited and Gartmore Global
Partners
NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G).
None
ACCOUNTING REFERENCE DATE:
31 March
EXPECTED ADMISSION DATE:
27 June 2003
NAME AND ADDRESS OF NOMINATED ADVISER:
Evolution Beeson Gregory
NAME AND ADDRESS OF NOMINATED BROKER:
Evolution Beeson Gregory
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.
No AIM Admission document - Company moving from Official List
DATE OF NOTIFICATION:
Monday 2nd June
NEW/ UPDATE:
New
QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:
THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:
Official list
THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
December 1999
CONFIRMATION THAT THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS
SECURITIES TRADED UPON SUCH A MARKET:
Confirmed
AN ADDRESS OR WEB-SITE 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:
www.eckoh.com is the Company's website and contains quarterly statements going back to 31 December 2000, City
press releases since July 2002 and Trade releases since April 2001.
DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS
OF ITS INVESTMENT STRATEGY:
Eckoh's strategy is to grow its business through partnerships, joint ventures and acquisitions. Transfer to AIM
will provide the Company with access to an expanded pool of investors and shareholders.
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:
No significant change since the announcement of the preliminary results for the year ended 31 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:
The Directors believe that Eckoh's working capital will be sufficient for at least twelve months from the date of
admission.
DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:
There are no lock in arrangements pursuant to Rule 7 of the AIM Rules.
A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:
Settles electronically through CREST.
A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:
www.eckoh.com
INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:
All equivalent information is 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 THEN NINE MONTHS PRIOR TO ADMISSION. THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK
OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS.
www.eckoh.com is the Company's website and contains quarterly statements going back to 31 December 2000,
including the preliminary results for the year ended 31 March 2003 which were released on 29 May 2003. The
report and accounts will be available on the Company's website when they are published.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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