Admission Document - BrainJuicer
Admission Document - BrainJuicer
Admission Document - BrainJuicer
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(ii)<br />
(iii)<br />
securities in the Company with a value of £10,000 or more calculated by reference to<br />
the Placing Price; or<br />
any other benefit with a value of £10,000 or more at the date of <strong>Admission</strong>.<br />
14.10 Save in connection with the application for <strong>Admission</strong>, none of the Ordinary Shares have been<br />
admitted to dealings on any recognised investment exchange and no application for such admission<br />
has been made and it is not intended to make any other arrangements for dealings in the Ordinary<br />
Shares on any such exchange.<br />
14.11 There are no arrangements in existence under which future dividends are to be waived or agreed to be<br />
waived.<br />
14.12 The ISIN of Ordinary Shares is GB00B1GVQH21. The Placing Shares have been created under the<br />
Act.<br />
14.13 The Placing Shares will be in registered form and will be capable of being held in both certificated<br />
and uncertificated form. The currency of the issue is sterling.<br />
14.14 There have been no public takeover bids by the third parties in respect of the Company during the last<br />
financial year or the current financial year, and there are no mandatory takeover bids and/or squeezeout<br />
rules and sell-out rules in relation to the Ordinary Shares, although the City Code on Takeovers<br />
and Mergers will apply.<br />
14.15 Save as disclosed in Part II of this document, the Directors are unaware of:<br />
14.15.1 any trends, uncertainties, demands, commitments or events that are reasonably likely to<br />
have a material effect on the issuer’s prospects for at least the current financial year; and<br />
14.15.2 any environmental issues that may affect the Company’s utilisation of its tangible fixed<br />
assets.<br />
14.16 The Company’s major shareholders will not have different voting rights to the Company’s other<br />
shareholders upon and following <strong>Admission</strong>.<br />
14.17 On <strong>Admission</strong>, the Existing Ordinary Shares shall account for 88.9 per cent. of the Enlarged Share<br />
Capital. The Existing Shareholders will be diluted by the allotment and issue of the Placing Shares,<br />
which will represent a 12.4 per cent. immediate dilution of the Existing Shareholders.<br />
14.18 <strong>BrainJuicer</strong> UK’s auditors for the three years ended 31 December 2005 were Grant Thornton UK LLP<br />
of Byron House, Cambridge Business Park, Cowley Road, Cambridge CB4 0WZ. Grant Thornton UK<br />
LLP is a member of The Institute of Chartered Accountants in England and Wales.<br />
14.19 The Company confirms that where the information is included in the document which has been<br />
sourced from a third party, it has been accurately reproduced and, so far as the Company is aware and<br />
is able to ascertain from information published by that third party, no facts have been omitted which<br />
would render the reproduced information inaccurate or misleading.<br />
14.20 Details of the related party transactions entered into during the period covered by the financial<br />
information in Part IV of this document are set out in note 9.23 in Part IV of this document.<br />
Date: 30 November 2006<br />
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