ESR Ensor Hldgs

RNS Number:3595U
AIM
10 April 2002


       ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS 
                                 PRIOR TO ADMISSION

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Ensor Holdings plc

COMPANY ADDRESS:
Ellard House
Dallimore Road
Manchester

COMPANY POSTCODE:
M23 9NX

COUNTRY OF INCORPORATION:
England

COMPANY BUSINESS:
Manufacture, supply and distribution of building materials, fencing products and rubber buffings, and the distribution
of electric motors and access control automation equipment.

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
29,165,659 Ordinary Shares of 10 pence each.

CAPITAL TO BE RAISED ON ADMISSION:
Nil.

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Kenneth Arthur Harrison - Chairman
Anthony Edward Coyne - Chief Executive
David Leonard Bagnall - Executive Director and Company Secretary
Marcus Alan Chadwick - Financial Director
Brian Morgan - 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:
Kenneth Arthur Harrison 54.38%
Brian Morgan 3.56%

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES.
Ensor Holdings plc has entered into a full repairing lease with Kenneth Arthur Harrison for Ellard House, Dallimore
Road, Manchester M23 9NX.  The lease is dated 1 April 2001 and is for a 10 year term at a commencing rent of £54,000
per annum.  The rent was based on rentals of comparable properties in the area and is believed by the directors to be
an arms length figure.  The rent is increased on each anniversary by the increase in the Retail Price Index or 3%,
whichever is the higher.

The property is occupied by the company and one of its subsidiaries, Ellard Limited.

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 March


NAME AND ADDRESS OF NOMINATED ADVISER:
Brown, Shipley & Co. Limited
One King Street
Manchester
M2 6AW

NAME AND ADDRESS OF BROKER:
Brown Shipley Securities
Founders Court
Lothbury
London
EC2R 7HE

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.
N/A

DATE OF NOTIFICATION:
10 April 2002

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
The strategy of the Company is to expand the activities of its businesses in the distribution of building products to
the construction and allied industries.  There is a strong emphasis on organic growth through well managed profit
centres combined with a continuing search for opportunities to acquire profitable businesses which would fit into the
strategic plan.
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
The Annual Report and Accounts of the Company was published on 22 June 2001 and since then the Company has released its
interim announcement on 14 December 2001.  The Chairman's statement in the interim announcement gave an update of the
Company's financial and trading position.
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 have no reason to believe that the Company's working capital will be insufficient for at least twelve
months from the date of admission.
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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