DJ AIM Schedule 1 - Trafalgar New Homes Plc TIDMTRAF

RNS Number : 0455I AIM

28 June 2013

 

   ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION  IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

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 COMPANY NAME:

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 Trafalgar New Homes Plc ("Trafalgar New Homes")

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 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY  TRADING ADDRESS (INCLUDING POSTCODES) :

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 Chequers Barn Chequers Hill Bough Beech Edenbridge Kent TN8 7PD

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 COUNTRY OF INCORPORATION:

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 England and Wales

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

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 www.trafalgar-new-homes.co.uk

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 COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

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 Trafalgar New Homes (and together with its subsidiaries, the "Group") is the holding company of Combe Bank Homes, a successful residential property developer operating in the southeast of England. The Group's focus is on the acquisition of land for residential property development in the regions of Kent, Surrey, Sussex and the M25 ring south of London. The Group targets development sites of up to 20 homes, with sales prices typically ranging from GBP100,000 to GBP750,000 per unit.

 The Group outsources all development activities, for example the obtaining of planning permission, design and construction, and uses fixed price build contracts.

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 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):

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 228,375,190 ordinary shares of 1p each

 There are no restrictions as to the transfer of these securities.

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 CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

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 GBP280,000 to be raised on admission. The market capitalisation on admission is anticipated to be GBP4.6m

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 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

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 82.68%

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 DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

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 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):

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 James Dubois (Non-Executive Chairman)

 Christopher Charles Johnson (Chief Executive)

  Alexander Daniel Johnson (Executive Director)

  Norman Alec Charles Lott (Non-Executive Director)

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 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):

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 Before Admission:

 Christopher Charles Johnson: 87.14%

 SVS Securities plc: 3.17%

 After Admission:

  Christopher Charles Johnson: 81.8%

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

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 n/a

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 (i) ANTICIPATED ACCOUNTING REFERENCE DATE

  (ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

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

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 (i) 31 March

  (ii) 30 September 2012

  (iii) Full year results to 31 March 2013 - latest date for publication 30 September 2013; six month period ending 30 September 2013 - latest date for publication 31 December 2013; and full year results to 31 March 2014 - latest date for publication 30 September 2014

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 EXPECTED ADMISSION DATE:

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 16 July 2013

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 NAME AND ADDRESS OF NOMINATED ADVISER:

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 Allenby Capital Limited 3 St. Helen's Place London EC3A 6AB

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 NAME AND ADDRESS OF BROKER:

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 Allenby Capital Limited 3 St. Helen's Place London EC3A 6AB

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 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:

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 Copies of the Admission Document will be available on the Company's website at www.trafalgar-new-homes.co.uk.

 The admission document contains full details about the applicant and the admission of its securities.

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 DATE OF NOTIFICATION:

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 28 June 2013

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 NEW/ UPDATE:

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 New

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

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June 28, 2013 02:01 ET (06:01 GMT)