Aquis Stock Exchange: Application for Admission Announcement

Aquis Stock Exchange: Application for Admission Announcement

EQS Group

Published

Aquis Stock Exchange
Aquis Stock Exchange: Application for Admission Announcement
28-Feb-2023 / 07:00 GMT/BST
The issuer is solely responsible for the content of this announcement. 

ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET



APPLICANT NAME:

MBH Corporation Plc

APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:

7 Royal Victoria Patriotic Building, John Archer Way, London, England, SW18 3SX

DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):

· Victoria Sylvester, Chief Executive Officer, DoB 22 February 1979
· Callum Laing, Non-Executive Chair, DoB 7 August 1975

· Stanislaw Patey, Non-Executive Vice Chair, DoB 14 September 1951
· Kevin Potter, Executive Director, DoB 30 May 1964

· Victoria Smith, Executive Director, DoB 1 July 1986
· Lisa Maynard-Atem, Non-Executive Director, DoB 29 January 1978

APPLICANT SECTOR:

Financials

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

MBH Corporation Plc is an investment holding company with subsidiaries in multiple industries the construction, education, leisure, healthcare, food & beverage, property, engineering and transport sectors. The group brings together well established and profitable small companies with a buy-and-hold perspective. Most of these subsidiaries have been acquired through an exchange of shares by the company owners for new MBH shares. Against the background of a favourable interest rate environment, MBH has also recently started to make loan-financed acquisitions through its bonds program which are listed on Euronext Dublin. 

NAME OF AQSE CORPORATE ADVISER:

First Sentinel Corporate Finance Limited

NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:

118,773,713 ordinary shares

SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):

79.5%

SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:


Vidacos Nominees Limited*

96,204,196

81.00%


*held through ten different accounts

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

N/A

THE EXPECTED ADMISSION DATE:

13 March 2023


WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

www.mbhcorporation.com



In respect of a fast-track applicant, the following information should also be included:


NAME OF MARKET ON WHICH THE APPLICANT’S SECURITIES ARE CURRENTLY TRADED:

Dusseldorf Stock Exchange

Frankfurt Stock Exchange

ISIN: GB00BF1GH114

ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANT’S SECURITIES:

CREST And Clearstream

DETAILS OF ANY LOCK-IN ARRANGEMENTS:

There are 19 lock-in agreements in place, pursuant to which each holder of the shares has agreed with the Company not to dispose or enter into any arrangement on the ordinary shares he/she is entitled to receive under the Agglomeration Agreement entered into in connection with the acquisition of the relevant company, for a period of 12 months from the issuance of the shares. The details are set out below:


Holder

Shares

Relevant company

Victoria Sylvester

2,363,887

Acacia Training Limited

Ryan Sylvester

2,363,887

Acacia Training Limited

Hayley Marriott

973,081

Acacia Training Limited

Joe Turner

973,081

Acacia Training Limited

Lisa Davies

973,081

Acacia Training Limited

Stuart Smith

61,551

Robinsons Caravans Holding Company Limited

Jarrod Clay

102,586

Robinsons Caravans Holding Company Limited

Mo Miah

61,551

Robinsons Caravans Holding Company Limited

Mark Birchall

102,586

Robinsons Caravans Holding Company Limited

Simon Martin

30,776

Robinsons Caravans Holding Company Limited

Janet Barnes

30,776

Robinsons Caravans Holding Company Limited

Jordan Hastie

410,343

Robinsons Caravans Holding Company Limited

Paul Seabridge

943,789

Robinsons Caravans Holding Company Limited

Ben Seabridge

307,758

Robinsons Caravans Holding Company Limited

Kevin Hanbury

217,481

3K’s Engineering Company Limited

Karl Hanbury

217,481

3K’s Engineering Company Limited

Paul Seabridge

144,987

3K’s Engineering Company Limited

Goran Pregelj

144,987

3K’s Engineering Company Limited

Ben Harbour

144,987

3K’s Engineering Company Limited

Total

10,568,656

 


DETAILS OF THE LEGAL OR REGULATORY REQUIREMENTS IN THE APPLICANT’S HOME COUNTRY REGARDING THE CONDUCT OF TAKEOVERS AND THE ACQUISITION OF SIGNIFICANT VOTING RIGHTS TO WHICH THE APPLICANT IS SUBJECT:


The Company is subject to the Provisions of the City Code on Takeovers and Mergers


In respect of an update to a prior application announcement, the date of the original announcement should also be disclosed as follows:


UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:

NA

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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End of Announcement - EQS News Service

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