Sch 1 Update-Share plc (Aim)

Date : 05/09/2008 @ 12:37PM
Source : UK Regulatory (RNS and others)
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Sch 1 Update-Share plc (Aim)

RNS Number:1387U
AIM
09 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:
Share plc


COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING
POSTCODES) :
Oxford House
Oxford Road
Aylesbury
Buckinghamshire
HP21 8SZ


COUNTRY OF INCORPORATION:
United Kingdom


COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
www.shareplc.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:
Share plc is the holding company of The Share Centre Limited ('The Share Centre'). The Share
Centre is one of the UK's
leading independent retail stockbrokers. The Share Centre's main business is the provision and
administration of
execution-only and advisory trading accounts (referred to as Share Accounts), Individual
Savings Accounts, Personal
Equity Plans which have now converted to ISAs, Child Trust Fund accounts and Investment Club
Share Accounts to private
investors, both directly and through corporate customers, throughout the UK. In addition, The
Share Centre acts as an
administrator of Share Incentive Plans and Enterprise Investment Scheme portfolios and
promotes a Self-Invested
Personal Pension Plan product which is administered by a third-party.



The Share Centre also operates Sharemark, a periodic auction-based share trading facility, on
which the shares of Share
plc and other companies are traded.



Share plc's main country of operation is the United Kingdom.


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):
160,117,928 ordinary shares of 0.5 pence each at an issue price of 27 pence each


CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON
ADMISSION:
Capital to be raised on admission: #1,080,000 (before expenses) via an offer for subscription
by Share plc

Market capitalisation on admission: #43,231,841


PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
78.5%


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:
PLUS Markets and Sharemark


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):
Sir Martin Wakefield Jacomb, Non-executive Chairman

Gavin David Redvers Oldham, Chief Executive Officer

Richard William Stone, ACA Group Finance Director

Iain Paul Wallace, Group Compliance and Legal Services Director

Richard Ian Tolkien, Non-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):

Name                                       Percentage of existing         Percentage of
enlarged issued
                                           ordinary shares prior to       share capital after
admission
                                           admission

Gavin David Redvers Oldham                 80%                            78.04%
Cuillin Investments Limited                4.1%                           4%




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


(i)                  ANTICIPATED ACCOUNTING REFERENCE DATE

(ii)                DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS
BEEN PREPARED

(iii)               DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM
RULES 18 AND 19:


(i) 31 December

(ii) 31 December 2007

(iii) 30 September 2008, 30 June 2009, 30 September 2009


EXPECTED ADMISSION DATE:
15 May 2008


NAME AND ADDRESS OF NOMINATED ADVISER:
KBC Peel Hunt Ltd
111 Old Broad Street
London EC2N 1PH

NAME AND ADDRESS OF BROKER:
KBC Peel Hunt Ltd
111 Old Broad Street
London EC2N 1PH

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:
Oxford House
Oxford Road
Aylesbury
Buckinghamshire
HP21 8SZ


DATE OF NOTIFICATION:
9 May 2008


NEW/ UPDATE:
UPDATE






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

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