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Thursday 04 August, 2016

AIM

Schedule One - Forte Energy NL

RNS Number : 2456G
AIM
04 August 2016
 

 

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:

 

BOS Global Holdings NL (note current name Forte Energy NL, which will change prior to Admission)

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

Forte Energy NL

Suite 3, Level 3

1292 Hay Street

West Perth WA 6005

Australia

 

COUNTRY OF INCORPORATION:

 

Australia

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

www.forteenergy.com.au (before Admission) www.bosglobal.biz (following Admission)

 

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:

·     BOS Global Limited is a FinTech company headquartered and with its main operations in Australia which is focused on the development and marketing of cloud-based technology solutions to the financial services sector.

·     Conditional upon approval from its shareholders, Forte Energy NL is undertaking a reverse takeover of BOS Global Limited. Admission is therefore sought as a result of a reverse take-over under Rule 14.

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):

·     50,000,000 ordinary shares in the Company with no par valued to be admitted to trading

·     Issue price 8 pence

·     Nil shares to be held as treasury shares

 

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

·     Nil capital to be raised on Admission

·     Anticipated market capitalisation on Admission £4m

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

58.4% of AIM securities not in public hands at Admission

 

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:

None

 

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):

Directors

·     Glenn Featherby (Chairman) (expected to resign following Admission)

·     Mark Reilly (non-executive director following Admission)

·     Christopher David Grannell (non-executive director, expected to resign following Admission)

·     Michael Travia (Managing Director following Admission

Proposed Directors

·     Larry Shutes (Non-executive Chairman following Admssion)

·     Murray Bergin (Non-executive director)

·     Mark Uren (Non-executive director)

·     David Ireland (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):

 

Substantial Shareholder

Before Admission

Following Admission

Michael Travia

0.0%

43.1%

Donizo Family Trust

0.0%

14.5%

 

Michael Travia's shares in the Company following Admission will be held through the DJ Family Group (42.8%) and Travia Super Fund (0.3%).

Donizo Family Trust is a family trust of which Graeme Hopgood is the sole trustee.

 

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

 

None

(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)         30 June

(ii)        31 December 2015 (audited interim financial information)

(iii)       31 December 2016; 30 March 2017; 31 December 2017

EXPECTED ADMISSION DATE:

Late August 2016

 

NAME AND ADDRESS OF NOMINATED ADVISER:

RFC Ambrian Limited

Level 28, QV.1 Building          

250 St George's Terrace       

Perth WA 6000          

Australia

 

NAME AND ADDRESS OF BROKER:

RFC Ambrian Limited

Level 5, Condor House

10 St Paul's Churchyard

London EC4M 8AL

United Kingdom

 

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:

Suite 3, Level 3

1292 Hay Street

West Perth WA 6005

Australia

www.forteenergy.com.au / www.bosglobal.biz

 

The Admission Document will contain full details about the application and the admission of its securities.

 

DATE OF NOTIFICATION:

4 August 2016

 

NEW/ UPDATE:

New

 

 


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