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Thursday 24 June, 2021

AIM

Schedule One - CMO Group plc

RNS Number : 9710C
AIM
24 June 2021
 

 

 

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:

CMO Group PLC ("CMO")

 

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

Burrington Business Park, Burrington Way, Plymouth, United Kingdom, PL5 3LX

 

COUNTRY OF INCORPORATION:

England and Wales

 

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

Company website address containing all information required by AIM Rule 26 from admission: https://www.cmogroup.com/investors

 

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:

 

CMO, founded in 2008, is the UK's largest online-only multi-category retailer of building materials, serving both trade and home improvement/DIY customers. The Company has developed its digital platform over 10 years and created category authority by offering market-leading ranges of over 75,000 products, supported by a customer service team offering product and category expertise and a personalised service.

 

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):

 

Number of ordinary shares of £0.01 each in nominal value ("Ordinary Shares") for which Admission will be sought: TBC

 

Placing price per Ordinary Share: TBC pence

 

There are no restrictions as to the transferability of the Ordinary Shares.

 

No Ordinary Shares will be held in treasury on Admission.

 

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Primary capital to be raised on Admission: £TBC million

 

Secondary offering: £TBC million

 

Market capitalisation on Admission: £TBC million

 

 

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

TBC per cent.

 

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:

N/A

 

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):

Dean Murray, Chief Executive Officer

 

Suzanne ("Sue") Claire Packer, Chief Operating Officer

 

Robert Jonathan Lamb, Chief Financial Officer

 

James Excell, Non-Executive Director

 

Eric Kenelm ("Ken") Ford, Non-Executive Chairman

 

Helen Deeble, 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

Prior to Admission

Following Admission

Key Capital Partners LLP

61.22

TBC

Dean Murray

4.59

TBC

Callum Tasker

4.34

TBC

Adrian Saunders

4.34

TBC

Chris Dorey

4.34

TBC

Petroushka Sura-field

3.83

TBC

Suzanne ("Sue") Packer

3.57

TBC

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 (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:

i)  31 December

ii)  31 December 2020

iii)  30 September 2021 (half yearly report for the six month period ended 30 June  2021)

30 June 2022 (annual report for the full year to 31 December 2021)

30 September 2022 (half yearly report for the six month period ended 30 June 2022)

 

EXPECTED ADMISSION DATE:

 

Early July 2021

 

NAME AND ADDRESS OF NOMINATED ADVISER:

 

Liberum Capital Limited

Ropemaker Place

Level 12

25 Ropemaker Street

London EC2Y 9LY

 

NAME AND ADDRESS OF BROKER:

 

Liberum Capital Limited

Ropemaker Place

Level 12

25 Ropemaker Street

London EC2Y 9LY

 

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:

 

A copy of the admission document containing full details about the applicant and the  admission of its securities will be available on the Company's website at:

 

https://www.cmogroup.com/investors

 

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

The Board has adopted the QCA Code with effect from Admission.

 

DATE OF NOTIFICATION:

24 June 2021

 

NEW/ UPDATE:

NEW

 

 

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