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Aquis Stock Exchange: Application for admission

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Aquis Stock Exchange
Aquis Stock Exchange: Application for admission
15-Jul-2022 / 07:00 GMT/BST

 

 

ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET

 

 

APPLICANT NAME:

 

Equipmake Holdings PLC

 

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

 

Equipmake Holdings PLC

Unit 7, Snetterton Business Park

Snetterton, Norfolk

NR16 2JU

United Kingdom

 

+44 (0)1953 66 1200

 

DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):

 

Clive Gerald Scrivener (Non-Executive Chairman)*

Ian David Foley (Chief Executive Officer)

Steven Paul McGillivray (Chief Financial Officer)

James Robert Bishop (Chief Operating Officer)

Dena Bellamy (Non-Executive Director)*

Jonathan Gordon Beasley (Non-Executive Director)*

 

*With effect from Admission

 

APPLICANT SECTOR:

 

Electronic and Electrical Equipment

 

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

 

Equipmake (the “Company”) is a UK-based technology company, which has developed a range of electrification products for the provision of electric vehicle drivetrains to meet the needs of the automotive, aerospace and other sectors in support of the transition from fossil-fuelled to zero emission powertrains.

 

Equipmake’s products can be used in a number of segments of the transport sector, but its initial focus has been on the bus sector, where it has secured a contract for trialling retrofitting existing buses currently in service in addition to forming a collaboration with Beulas to develop a double decker bus, incorporating its electric drive train, for the UK market. Equipmake’s products can be applied in a variety of other vehicle electrification contexts, including hybrid, fully electric and fuel cell vehicles.

 

Following a number of years of engagement with potential customers, the Company now has a significant pipeline of opportunities of in excess of £400 million at various stages of negotiation, as demand for electric vehicles increases as part of the global decarbonisation movement.

 

NAME OF AQSE CORPORATE ADVISER:

 

Panmure Gordon (UK) Limited

 

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

 

TBC Ordinary Shares of £0.0001 each

 

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

 

TBC% on Admission

 

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

 

Shareholder

Pre-Admission

Post-Admission

Ian Foley

75%

TBC

Hotel Shoutoku Co. Ltd

6%

TBC

ARC Co Ltd

5%

TBC

Yoshitoshi Sakurai*

8%

TBC

 

*Yoshitoshi Sakurai holds a total interest in the Company’s ordinary shares of 8% (pre-admission) through his own direct holding and through Racing Club International Inc. an entity controlled by Yoshitoshi Sakurai.

 

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

 

N/A

 

THE EXPECTED ADMISSION DATE:

 

29 July 2022

 

WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

 

www.equipmake.co.uk

 


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

End of Announcement - EQS News Service

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