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Rother FM - Ofcom Licensing

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(b) Proposed Investors and Shareholding Structure<br />

Section 105 (A): Ability to maintain proposed service<br />

Full details of the proposed shareholding structure should be provided, including:<br />

i. Names and addresses (the latter may be submitted in confidence) of all existing or proposed<br />

shareholders.<br />

Lincs <strong>FM</strong> Group Limited, Witham Park, Waterside South, Lincoln LN5 7JN<br />

ii. Total number, class/classes of shares and issue price of shares (specify voting, non-voting,<br />

preference, other etc.).<br />

100,000 £1 Ordinary Shares – voting<br />

iii. All voting shareholders and holders of 5% or more of non-voting shares and loan stock should<br />

be named. State the number, class/classes and price of shares to be issue to each investor.<br />

Lincs <strong>FM</strong> Group Limited – 100%<br />

iv. Outline any shareholders agreements or arrangements which exist.<br />

N/A<br />

N/A<br />

v. Where a corporate body other than a current <strong>Ofcom</strong> licensee will be providing 30% or more of<br />

the required funding, details should be given of its directors and main shareholders, and of its<br />

activities.<br />

vi. <strong>Ofcom</strong> may request additional information (e.g. a banker’s letter, statutory/management<br />

accounts) regarding the shareholders, or any other providers of finance, listed in the<br />

application.<br />

N/A<br />

(c) Involvement of the Applicant in Specified Activities<br />

Details are required of the involvement by the applicant and its participants (including shareholders or<br />

other subscribers of more than 5% of the applicant’s total funding requirements) in any of the activities<br />

listed below, and the extent of the interest. For these purposes, the applicant includes associates of<br />

the applicant (i.e. directors and their associates and other group companies).<br />

N/A<br />

N/A<br />

i. Advertising agencies;<br />

ii. Newspapers;<br />

iii. Other broadcasting interests;<br />

8

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