Schedule One Update - EnSilica Plc

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/ (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/ 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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END

AIMGZGMKFLFGZZM

Date	19 May 2022
Time	14:30:06
Category	Corporate updates
ID	1481M

Date	19 May 2022
Time	14:30:06
Category	Corporate updates
ID	1481M

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Schedule One Update - EnSilica Plc