RNS Number : 7050E
AIM
20 July 2016
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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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SEC S.p.A.
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COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING
POSTCODES) :
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Via Panfilo Castaldi 11, 20124 Milan, Italy
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COUNTRY OF INCORPORATION:
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Italy
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COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
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www.secglobalnetwork.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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SEC S.p.A. is a holding company and head office for a public relations and advocacy
business, headquartered in Milan with operations across western Europe. The business was originally founded in 1989 and
has subsequently grown both organically and by acquisition. Its main country of operation is Italy.
In recent years the Group has acquired majority stakes in companies in Belgium, Spain and
Germany, leaving existing management incentivised with minority shareholdings. The Group's Italian operation is now the
largest independent PR agency in the country.
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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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12,221,975 Ordinary Shares of no par value (CDIs will be traded on
AIM).
Ticker: SECG
ISIN: IT0005200453
SEDOL: BDHFR74
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CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON
ADMISSION:
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Capital to be raised: £3.36 million (€4.01 million)
Anticipated market capitalisation: c.£18million - £19
million
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PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT
ADMISSION:
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76.86%
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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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N/A
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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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Luigi Piergiuseppe Ferdinando Roth - Non-Executive
Chairman
Fiorenzo Vittorio Tagliabue - Chief Executive Officer
Anna Milito - Chief Financial Officer
Cesare Valli - Managing Director
Thomas Edward Parker - Managing Director
Nigel Terrence Payne - Non-Executive Director
David Carr Mathewson - 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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Fiorenzo Vittorio Tagliabue (84.67% and his wife, Silvia Anna Mazzucca 6.47%)
Before admission: 91.14%
After admission: 74.57%
Paola Ambrosino de Bruttopilo
Before admission: 5.86%
After admission: 4.79%
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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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N/A
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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) 31 December
(ii) 31 December 2015
(iii) Half year results for the 6 months to 30 June
2016: by 30 September 2016
Full year result for the 12 months to 31 December 2016: by
30 June 2017
Half year result for the 6 months to 30 June 2017: by 30
September 2017
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EXPECTED ADMISSION DATE:
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26 July 2016
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NAME AND ADDRESS OF NOMINATED ADVISER:
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WH Ireland Limited
24 Martin Lane
London EC4R 0DR
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NAME AND ADDRESS OF BROKER:
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WH Ireland Limited
24 Martin Lane
London EC4R 0DR
Italian Co-Broker
Integrae SIM S.p.A.
Via Meravigli 13
20123 Milan
Italy
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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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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:
www.secglobalnetwork.com
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DATE OF NOTIFICATION:
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20 July 2016
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NEW/ UPDATE:
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Update.
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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