Company Announcements
Schedule 1 - TLA Worldwide Plc
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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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TLA Worldwide plc ("TLA") |
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COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) : |
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6-8 Bouverie Street London EC4Y 8DD |
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COUNTRY OF INCORPORATION: |
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United Kingdom |
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COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26: |
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www.tlaww-plc.com |
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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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TLA is a newly incorporated company, which on Admission will own two US based sports agencies involved in athlete representation and sports marketing. Following Admission, TLA will become a leading, fully integrated representation and marketing business focused primarily on professional baseball in the US.
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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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66.2 million ordinary shares of £0.02 per share; price of 20 pence each. |
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CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: |
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£11.9m to be raised on admission; anticipated market cap £13.2m |
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PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: |
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44% |
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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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There are no other exchanges or trading platforms |
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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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Bart Campbell, Non-Executive Chairman Michael (Mike) J. Principe, Chief Executive Officer Greg Genske, Executive Director Peter Moore, Non-Executive Director Keith Sadler, 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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The Company will raise the proposed £11.9m through a VCT/EIS Placing, a VCT Placing and a General Placing.
· Shares relating to the VCT/EIS Placing will be issued on 30 November.
· Shares relating to the VCT Placing will be issued on 1 November
· Shares relating to the General Placing will be issued on 2 December
Before the EIS/VCT Placing, the VCT Placing, the General Placing and Admission:
Mike Principe - 50% Bart Campbell - 25% Dwight Mighty - 25%
Post VCT/EIS Placing:
Mike Principe - tbd Bart Campbell - tbd Dwight Mighty - tbd Amati Global Investors- tbd ISIS Equity Partners - tbd Hargreave Hale - tbd Rathbone Investment Management - tbd Octopus Investments - tbd
Post VCT/EIS Placing and VCT Placing::
Mike Principe - tbd Amati Global Investors - tbd ISIS Equity Partners - tbd Hargreave Hale - tbd Rathbone Investment Management - tbd Octopus Investments - tbd
Post General Placing and Admission:
Mike Principe - tbd Amati Global Investors - tbd ISIS Equity Partners - tbd Hargreave Hale - tbd Rathbone Investment Management - tbd Octopus Investments - tbd F&C Management - tbd Cenkos Securities plc - tbd Legal & General Investment Management - tbd Strand Associates Limited - tbd
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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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None |
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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) 31st December (ii) 30th June 2011 (iii) 30 June 2012; 30 September 2012; 30 June 2013 |
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EXPECTED ADMISSION DATE: |
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2 December 2011 |
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NAME AND ADDRESS OF NOMINATED ADVISER: |
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Cenkos Securities plc 6.7.8 Tokenhouse Yard London EC2R 7AS |
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NAME AND ADDRESS OF BROKER: |
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Cenkos Securities plc 6.7.8 Tokenhouse Yard London EC2R 7AS |
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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 free of charge during normal business hours on any day (except Saturdays, Sundays and public holidays) at the offices of:
Cenkos Securities plc 6.7.8 Tokenhouse Yard London EC2R 7AS
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DATE OF NOTIFICATION: |
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17 November 2011 |
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NEW/ UPDATE: |
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NEW |
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