REG - AIM - Schedule One - Vista Parcs Group Ltd

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RNS Number : 8582W  AIM  17 March 2026

 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:
 Vista Parcs Group Ltd ("Vista" or the "Company" or the "Group")

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

 Langley Mill,

 Nottingham,

 England,

 NG16 4EU

 COUNTRY OF INCORPORATION:
 England and Wales - 16728222

 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
 TBC (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:
 Vista Parcs Group Ltd (to be reregistered as a plc prior to Admission) is a
 newly incorporated entity proposing to acquire a portfolio of 13 UK-based
 holiday and residential parks currently owned by Barney Group 2 Ltd ("BG2")
 and operated by Baslow Parks Ltd ("Baslow"). Concurrently with the
 acquisition, Vista intends to seek admission of its enlarged issued share
 capital to trading on AIM.

 Baslow operates a portfolio of residential and holiday parks across the UK,
 comprising pitches occupied by manufactured homes, lodges and static caravans,
 as well as sites with significant planning potential. The business benefits
 from multiple recurring revenue streams, including pitch fees and rentals,
 which are complemented by the sale of residential and holiday units and hire
 fleet operations. An independent RICS Red Book valuation was recently
 undertaken by Knight Frank LLP indicating an aggregate portfolio value of
 approximately £80.5 million.

 The portfolio offers substantial growth potential and, within existing
 planning permissions, the Directors believe there is also scope for
 approximately 2.3x growth in the number of occupied pitches, driven by a more
 focused manufactured home sales and marketing effort, with professionalisation
 of site operations, targeted capital investment and operational optimisation.
 In addition, there is space for a further 922 potential pitches within the
 future planning pipeline, identified by the Company for possible future
 development as a holiday or residential pitch, but which do not currently
 benefit from full planning permission or an equivalent consent for use as a
 pitch..

 The Acquisition consideration is expected to be satisfied by the payment by
 the Company of a cash consideration, financed through a combination of the
 proceeds of issue of the placing shares to be received on Admission and by the
 Company's committed debt facilities with HSBC, as well as by the issue of the
 consideration shares.

 Following Admission, the Group's proposed strategy is to accelerate unit sales
 across a greater proportion of its sites and to enhance asset performance
 through professional site management, targeted investment in infrastructure
 and amenities, planning and development optimisation, and the deployment of
 technology enabled systems to improve customer experience and operational
 efficiency. As part of its sales and marketing strategy, the Group intends to
 offer a part exchange facility on residential park homes through established,
 independent third-party providers in order to assist prospective customers in
 facilitating the transaction process and reducing barriers to purchase where
 appropriate. The Directors will also consider accretive bolt on acquisitions
 where appropriate.

 The Company will be led by a Board having over 100 years of combined sector
 experience.

 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):
 Ordinary shares of £TBC each to be admitted to trading, issued at a price of
 £TBC per ordinary share. No restrictions as to transfer of the ordinary
 shares, and no ordinary shares to be held in treasury.

 Number of ordinary shares to be admitted to trading: TBC

 No restrictions on the transfer of shares.

 CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET
 CAPITALISATION ON ADMISSION:
 £TBC million via a placing of new ordinary shares

 Market capitalisation on admission based on an issue price of TBC pence of
 approximately £TBC million

 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
 TBC per cent.

 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):
 Current

 Daniel Fletcher - Executive Director (Chief Operating Officer)

 Proposed

 David Boden - Proposed Non-Executive Chairman

 James Rigby Voce - Proposed Executive Director (Chief Executive Officer)

 Trevor James Smith - Proposed Executive Director (Chief Financial Officer)

 Christopher Rupert Ralph Sweeting - Proposed Non-Executive Director

 Alexander (Alex) Corfield Key Carter - Proposed 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):

Significant Shareholder  Pre-IPO  Post-IPO
 BG2*                     100.00%  TBC

*Anthony James Barney, alongside his wife Donna Michelle Barney, are the
 ultimate beneficial owners of BG2.

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

 (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 December

 (ii)     30 September 2025

 Vista is a newly incorporated company which has not yet commenced operations
 and as such, only historical financial information in respect of Baslow (and
 not the Company) have been presented in the admission document.

 (iii)    30 June 2026 in respect of the nine months to 31 December 2025

 30 September 2026 in respect of the six months ended 30 June 2026

 30 June 2027 in respect of the year ended 31 December 2026

 EXPECTED ADMISSION DATE:
 Late March 2026

 NAME AND ADDRESS OF NOMINATED ADVISER:
 Zeus Capital Limited

 125 Old Broad Street,

 London,

 EC2N 1AR

 82 King Street,

 Manchester,

 M2 4WQ

 NAME AND ADDRESS OF BROKER:
 Zeus Capital Limited

 125 Old Broad Street,

 London,

 EC2N 1AR

 82 King Street,

 Manchester,

 M2 4WQ

 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:
 The admission document, which will contain full details of the applicant and
 its securities, will be available from TBC.

 THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY
 QCA Corporate Governance Code

 DATE OF NOTIFICATION:
 17 March 2026

 NEW/ UPDATE:
 New

*Anthony James Barney, alongside his wife Donna Michelle Barney, are the
ultimate beneficial owners of BG2.

 

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

Zen Ventures Ltd

 

(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 December

(ii)     30 September 2025

Vista is a newly incorporated company which has not yet commenced operations
and as such, only historical financial information in respect of Baslow (and
not the Company) have been presented in the admission document.

(iii)    30 June 2026 in respect of the nine months to 31 December 2025

30 September 2026 in respect of the six months ended 30 June 2026

30 June 2027 in respect of the year ended 31 December 2026

 

EXPECTED ADMISSION DATE:

Late March 2026

 

NAME AND ADDRESS OF NOMINATED ADVISER:

Zeus Capital Limited

125 Old Broad Street,

London,

EC2N 1AR

 

82 King Street,

Manchester,

M2 4WQ

 

NAME AND ADDRESS OF BROKER:

Zeus Capital Limited

125 Old Broad Street,

London,

EC2N 1AR

 

82 King Street,

Manchester,

M2 4WQ

 

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:

The admission document, which will contain full details of the applicant and
its securities, will be available from TBC.

 

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

QCA Corporate Governance Code

 

DATE OF NOTIFICATION:

17 March 2026

 

NEW/ UPDATE:

New

 

 

 

 

 

 

 

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