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:

 

Hampden Underwriting plc

 

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

 

Hampden House

Great Hampden

Great Missenden

Buckinghamshire HP16 9RD

 

COUNTRY OF INCORPORATION:

 

England and Wales

 

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

 

www.hampdenplc.com

 

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

 

Participation, both direct and indirect, in the Lloyd’s insurance underwriting market in the United Kingdom

 

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):

 

5,238,564 ordinary shares of 10p each were issued at £1 per ordinary share

5,238,566 ordinary shares of 10p each to be admitted

 

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

 

£5.2 million (raised in cash and shares in Heritage Underwriting Agency plc)

Market capitalisation of £5.2 million

 

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

 

51.6%

 

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:

 

N/A

 

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):

Sir James Michael Yorrick Oliver

John Andrew Leslie

Jeremy Richard Holt Evans

Harold Michael Clunie Cunningham

 

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):

 

Prior to Admission

Jeremy Richard Holt Evans – 100% of ordinary share capital

Hampden Agencies Limited – 100% of preference share capital

 

On Admission

Nameco (No 28) Limited – 3.8% of ordinary share capital

Smith & Williamson Nominees Limited – 13.4% of ordinary share capital

Adam and Company Nominees Limited – 19.1% of ordinary share capital

Hampden Capital plc – 19.1% of ordinary share capital

Hampden Agencies Limited – 100% of preference share capital

 

 

 

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

 

N/A

 

(i)                  ANTICIPATED ACCOUNTING REFERENCE DATE

(ii)                DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED

(iii)               DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

 

(i)                 31 December

(ii)               Balance Sheet as at 30 June 2007

(iii)              Final results to 31 December 2007 by 30 June 2008

Interim results to 30 June 2008 by 30 September 2008

Final results to 31 December 2008 by 30 June 2009

 

EXPECTED ADMISSION DATE:

 

4 September 2007

 

NAME AND ADDRESS OF NOMINATED ADVISER:

 

Smith & Williamson Corporate Finance Limited

25 Moorgate

London EC2R 6AY

 

NAME AND ADDRESS OF BROKER:

 

Smith & Williamson Corporate Finance Limited

25 Moorgate

London EC2R 6AY

 

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:

 

An admission document which contains full details regarding the Company and admission of its shares will be available from the offices of Tax Efficient Solutions, Smith & Williamson Investment Management Limited, 25 Moorgate, London, EC2R 6AY

 

DATE OF NOTIFICATION:

 

3 September 2007

 

NEW/ UPDATE:

 

Update