Schedule One Update - Silver Bullet Data Services | RNS | Ticker

Schedule One Update - Silver Bullet Data Services

RNS Announcement

RNS Number : 4566C

AIM

21 June 2021

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:

Silver Bullet Data Services Group plc (the "Company" or "Silverbullet")

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

Studio 11,

Tiger House,

Burton Street,

London,

WC1H 9BY

COUNTRY OF INCORPORATION:

England and Wales

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

www.wearesilverbullet.com

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:

Silverbullet is a digital transformation services and product company that assists brands and advertisers to deploy their digital marketing spend, with a focus on the use of technology and data.

To date, the Company's revenues have been derived predominantly from data & strategic services to brands and agencies, assisting clients to establish and develop their data and media deployment systems for marketing purposes and effect media activation (the deployment of digital advertising media).

In 2020, the Company completed the development of its own proprietary software product known as '4D', which aims to facilitate the effective deployment of marketing campaigns using first-party data and contextual intelligence, providing effective targeting without reliance on third party data or cookies. 4D 'version 1.0' was launched in Q1 2021, and commercial trials are currently underway with existing and new potential clients.

The Group currently has approximately 62 employees, is incorporated in the United Kingdom and operates globally with subsidiaries in the US, Italy, Australia and Germany.

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):

Number of ordinary shares of £0.01 per share each in nominal value ("Ordinary Shares") for which Admission will be sought: 13,418,982

Issue price per Ordinary Share: £2.57

There are no restrictions as to transfer of Ordinary Shares

No Ordinary Shares to be 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: £9.5 million

Anticipated Market Capitalisation on Admission: £34.5 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

37.4%

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):

Directors:

Nigel Sharrocks - Non-Executive Chairman

Ian James - Group Chief Executive Officer

Umberto Antonio Torrielli - Group Chief Strategy Officer

Darren William Poynton - Group Chief Financial Officer

Steven Clarke - Non-Executive Director

Keith John Sadler - Non-Executive Director

Martyn Rattle - 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):

Shareholder	% of issued share capital pre-Admission	% of issued share capital on Admission
Keith Morris	15.45%	11.19%
Neil Donovan	9.54%	7.95%
Gresham House	-	7.25%
Chelverton Asset Management	-	4.90%
Nick Mason	6.19%	4.49%
Ian James	4.46%	3.23%
Sir Peter Michael	3.07%	Below 3%

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

None

(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) 31 December 2020

(iii) 30 September 2021 - Unaudited Interim Report for the 6 months ending 30 June 2021

30 June 2022 - Audited Annual Report for the year ended 31 December 2021

30 September 2022 - Unaudited Interim Report for the six months ending 30 June 2022

EXPECTED ADMISSION DATE:

28 June 2021

NAME AND ADDRESS OF NOMINATED ADVISER:

Strand Hanson Limited

26 Mount Row,

London,

W1K 3SQ,

United Kingdom

NAME AND ADDRESS OF BROKER:

Oberon Capital

65 Curzon Street,

London,

W1J 8PE,

United Kingdom

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:

www.wearesilverbullet.com

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

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

The Quoted Companies Alliance Corporate Governance Code

DATE OF NOTIFICATION:

21 June 2021

NEW/ UPDATE:

UPDATE

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END

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RNS metadata

Title: Schedule One Update - Silver Bullet Data Services
Time: 08:00:01
Date: 21 Jun 2021
Category: Capital structure
ID: 4566C