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ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
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APPLICANT NAME:
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Equipmake Holdings PLC
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APPLICANT REGISTERED OFFICE, PRINCIPAL PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
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Equipmake Holdings PLC
Unit 7, Snetterton Business Park
Snetterton, Norfolk
NR16 2JU
United Kingdom
+44 (0)1953 66 1200
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DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):
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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
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APPLICANT SECTOR:
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Electronic and Electrical Equipment
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DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
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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.
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NAME OF AQSE CORPORATE ADVISER:
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Panmure Gordon (UK) Limited
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NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
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TBC Ordinary Shares of £0.0001 each
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SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
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TBC% on Admission
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SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
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Shareholder
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Pre-Admission
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Post-Admission
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Ian Foley
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75%
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TBC
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Hotel Shoutoku Co. Ltd
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6%
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TBC
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ARC Co Ltd
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5%
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TBC
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Yoshitoshi Sakurai*
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8%
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TBC
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*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.
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TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
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N/A
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THE EXPECTED ADMISSION DATE:
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29 July 2022
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WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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