REG - AIM EnSilica PLC - Schedule One Update - EnSilica Plc

Amati AIM VCTAnnouncement

19/05/2022 15:45

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RNS Number : 1481M  AIM  19 May 2022

 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:
 EnSilica PLC ("EnSilica" or the "Company")

 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS
 (INCLUDING POSTCODES):
 Building 3

 115 Olympic Avenue

 Milton Park

 Abingdon

 Oxfordshire

 OX14 4SA

 United Kingdom

 COUNTRY OF INCORPORATION:
 England and Wales

 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
 https://www.ensilica.com/ (https://www.ensilica.com/) (from 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:
 EnSilica was established in 2001 and is a designer and supplier of mixed
 signal Application Specific Integrated Circuits ("ASICs"). ASICs are
 integrated circuits or semiconductor chips developed for a particular use or
 product rather than for general purpose usage.

 ASICs help differentiate products through optimised hardware, thereby making
 products smaller, faster, lower power and/or more secure and can provide novel
 functionality, improve supply chain security and protect products from being
 copied. The Company has expertise in designing complex mixed signal ASICs,
 which combine digital and analogue functions onto a single chip.

 EnSilica provides an end-to-end service for the design and supply of ASICs,
 outsourcing certain elements of the manufacturing and packaging to third
 parties - otherwise known as a Fabless Semiconductor Model.

 EnSilica's customers currently range from global corporations and original
 equipment manufacturers ("OEMs") to technology start-ups, including automotive
 Tier 1 suppliers, industrial enterprises, large software companies and service
 providers developing proprietary hardware. EnSilica is an approved supplier to
 some of the world's largest automotive and industrial OEMs and Tier 1
 suppliers.

 The Company's main country of operation is the UK, with additional design
 centres in India and Brazil.
 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):
 75,231,809 ordinary shares of 0.1p each at an issue price of 50p per share.

 No shares held in treasury.

 CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED
 MARKET CAPITALISATION ON ADMISSION:
 Capital to be raised on admission: £6.0 million.

 Anticipated market capitalisation on admission: £37.6 million.

 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
 80%

 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:
 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):
 Mark Nicholas Hodgkins - Executive Chairman

 Ian William Ernest Lankshear - Chief Executive Officer

 Matthew John Julius Wethey - Chief Financial Officer

 Janet Edith Nkabidwa Collyer - Non-Executive Director

 David Frank Tilston - Non-Executive Director

 Wasim ("Woz") Ahmed - Non-Executive Director

 Noel Francis Hurley - 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                          Before Admission  After Admission
 Ian William Ernest Lankshear  26.54%

                         21.32%
 Richard Ashley Hamer          12.07%            9.50%
 Marc Castells                 9.81%             7.69%
 Richard Neil Marley           9.81%             7.69%
 Nicholas Henry Weiner         5.76%             4.60%
 Philip Andrew Faulkner        5.76%             4.60%
 David Andrew Wheeler          5.76%             4.60%
 Alan Chi Wai Wong             5.76%             4.64%
 Andrew Peter Maund            5.76%             4.60%
 David Philip Tester           3.08%             2.45%
 Patrick Joseph McNamee        3.08%             2.55%
 Amati AIM VCT plc             0%                6.65%

 

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

 David Tilston

 (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 May

 (ii)        30 November 2021

 (iii)       30 November 2022; 28 February 2023; 30 November 2023

 EXPECTED ADMISSION DATE:
 24 May 2022

 NAME AND ADDRESS OF NOMINATED ADVISER:
 Allenby Capital Limited

 5 St Helen's Place

 London

 EC3A 6AB

 NAME AND ADDRESS OF BROKER:
 Allenby Capital Limited

 5 St Helen's Place

 London

 EC3A 6AB

 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.ensilica.com/ (https://www.ensilica.com/) from admission.

 THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

 QCA Corporate Governance Code

 DATE OF NOTIFICATION:
 19 May 2022

 NEW/ UPDATE:
 Update

 

 

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

Janet Collyer

David Tilston

 

(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 May

(ii)        30 November 2021

(iii)       30 November 2022; 28 February 2023; 30 November 2023

 

EXPECTED ADMISSION DATE:

24 May 2022

 

NAME AND ADDRESS OF NOMINATED ADVISER:

Allenby Capital Limited

5 St Helen's Place

London

EC3A 6AB

 

NAME AND ADDRESS OF BROKER:

Allenby Capital Limited

5 St Helen's Place

London

EC3A 6AB

 

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.ensilica.com/ (https://www.ensilica.com/) from admission.

 

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

 

QCA Corporate Governance Code

 

DATE OF NOTIFICATION:

19 May 2022

 

NEW/ UPDATE:

Update

 

 

 

 

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