SGA Sagentia Grp

    RNS Number : 0664X
  AIM
  19 June 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:
  
 Sagentia Group plc

 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS
 (INCLUDING POSTCODES) :
  
 Harston Mill
 Harston
 Cambridge
 CB22 7GG



 COUNTRY OF INCORPORATION:
  
 England and Wales

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

 Sagentia Group plc is a newly-formed public limited company incorporated for
 the purpose of making the Offer to acquire the entire issued and to be issued
 ordinary share capital of Sagentia Group AG, a company currently listed on
 the Official List of the London Stock Exchange.


 Sagentia Group AG is an international technology consulting organisation,
 helping its clients to create, develop and deliver business opportunities,
 products and services. Through its offices in Cambridge (UK), Frankfurt
 (Germany), Stockholm (Sweden), Maryland (USA), and Hong Kong (China),
 Sagentia Group markets its services across a wide range of international
 clients, from start-ups to multinationals.
 Sagentia Group AG's main countries of operation are the UK, USA, Germany and
 China.


 It is expected that Sagentia Group plc will only be admitted to AIM after the
 Offer is declared unconditional as to acceptances. The Offer is conditional
 (inter alia) on valid acceptances of the Offer being received in respect of
 Sagentia Group AG
 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):
  
 Up to 23,193,212 Ordinary Shares of 1p each, at 48.8p (based on the closing
 share price of Sagentia Group AG at 10/6/2008 and on the basis of the 1 for
 10 share offer)

 CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET
 CAPITALISATION ON ADMISSION:
  
 Anticipated market capitalisation on admission of �10.5 million (assuming
 full acceptance of the offer and excluding shares to be issued further to
 acceptances received in respect of Sagentia Group AG shares deriving from the
 exercise of options)

 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

 Percentage of AIM securities not in Public Hands at admission: 49.8% - based
 on 21.6 million shares to be issued (assuming full acceptance of the offer
 and excluding shares to be issued further to acceptances received in respect
 of Sagentia Group AG shares deriving from the exercise of options)

 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):

 Christopher Masters (Chairman) 
 Alistair Brown (Chief Executive Officer) 
 Guy McCarthy (Finance Director) 
 Staffan Ahlberg (Non-Executive Director) 
 Lars Kylberg (Senior Non-Executive Director)
 Daniel Flicos (Commercial 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):
  
 Significant Shareholders prior to admission: 


 Guy McCarthy - 50%
 Alistair Brown - 50%


 Significant Shareholders after admission assuming full acceptance of the
 Offer:


 Catella (Switzerland) AG - 48.8%
 Herald Investment Management Limited - 6.4%
 Gordon Edge - 5.4%

 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 (this may be represented by unaudited interim financial
 information)
  
 * DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM
 RULES 18 AND 19:

 (i) Anticipated accounting reference date will be 31 December


 (ii) The main financial information in the admission document has been
 prepared to 31 December 2007


 (iii) Sagentia Group plc must publish its first three reports pursuant to AIM
 Rules by:


  a. Interim results to 30 June 2008 by 30 September 2008 
  
  b. Final Results to 31 December 2008 by 30 June 2009
  
  c. Interim results to 30 June 2009 by 30 September 2009


  
 EXPECTED ADMISSION DATE:
  
 8 July 2008





 NAME AND ADDRESS OF NOMINATED ADVISER:
  
 Arbuthnot Securities
 Arbuthnot House
 20 Ropemaker Street
 London
 EC2Y 9AR

 NAME AND ADDRESS OF BROKER:
  
 Arbuthnot Securities
 Arbuthnot House
 20 Ropemaker Street
 London
 EC2Y 9AR

 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:
  
 A copy of the Prospectus which comprises an AiM admission document containing
 full details of the applicant and the admission of its securities is
 available at www.sagentiagroup.com

 DATE OF NOTIFICATION:
  
 19 June 2008

 NEW/ UPDATE:
  
 New



This information is provided by RNS
The company news service from the London Stock Exchange
 
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