ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
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APPLICANT NAME:
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MBH Corporation Plc
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APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
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7 Royal Victoria Patriotic Building, John Archer Way, London, England, SW18 3SX
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DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):
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- Victoria Sylvester, Chief Executive Officer, DoB 22 February 1979
- Callum Laing, Non-Executive Chair, DoB 7 August 1975
- Stanislaw Patey, Non-Executive Vice Chair, DoB 14 September 1951
- Kevin Potter, Executive Director, DoB 30 May 1964
- Victoria Smith, Executive Director, DoB 1 July 1986
- Lisa Maynard-Atem, Non-Executive Director, DoB 29 January 1978
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APPLICANT SECTOR:
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Financials
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DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
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MBH Corporation Plc is an investment holding company with subsidiaries in multiple industries the construction, education, leisure, healthcare, food & beverage, property, engineering and transport sectors. The group brings together well established and profitable small companies with a buy-and-hold perspective. Most of these subsidiaries have been acquired through an exchange of shares by the company owners for new MBH shares. Against the background of a favourable interest rate environment, MBH has also recently started to make loan-financed acquisitions through its bonds program which are listed on Euronext Dublin.
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NAME OF AQSE CORPORATE ADVISER:
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First Sentinel Corporate Finance Limited
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NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
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118,773,713 ordinary shares
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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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79.5%
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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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Vidacos Nominees Limited*
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96,204,196
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81.00%
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*held through ten different accounts
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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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13 March 2023
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WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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www.mbhcorporation.com
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In respect of a fast-track applicant, the following information should also be included:
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NAME OF MARKET ON WHICH THE APPLICANT’S SECURITIES ARE CURRENTLY TRADED:
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Dusseldorf Stock Exchange
Frankfurt Stock Exchange
ISIN: GB00BF1GH114
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ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANT’S SECURITIES:
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CREST And Clearstream
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DETAILS OF ANY LOCK-IN ARRANGEMENTS:
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There are 19 lock-in agreements in place, pursuant to which each holder of the shares has agreed with the Company not to dispose or enter into any arrangement on the ordinary shares he/she is entitled to receive under the Agglomeration Agreement entered into in connection with the acquisition of the relevant company, for a period of 12 months from the issuance of the shares. The details are set out below:
Holder
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Shares
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Relevant company
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Victoria Sylvester
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2,363,887
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Acacia Training Limited
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Ryan Sylvester
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2,363,887
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Acacia Training Limited
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Hayley Marriott
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973,081
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Acacia Training Limited
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Joe Turner
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973,081
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Acacia Training Limited
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Lisa Davies
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973,081
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Acacia Training Limited
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Stuart Smith
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61,551
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Robinsons Caravans Holding Company Limited
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Jarrod Clay
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102,586
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Robinsons Caravans Holding Company Limited
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Mo Miah
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61,551
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Robinsons Caravans Holding Company Limited
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Mark Birchall
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102,586
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Robinsons Caravans Holding Company Limited
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Simon Martin
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30,776
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Robinsons Caravans Holding Company Limited
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Janet Barnes
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30,776
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Robinsons Caravans Holding Company Limited
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Jordan Hastie
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410,343
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Robinsons Caravans Holding Company Limited
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Paul Seabridge
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943,789
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Robinsons Caravans Holding Company Limited
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Ben Seabridge
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307,758
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Robinsons Caravans Holding Company Limited
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Kevin Hanbury
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217,481
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3K’s Engineering Company Limited
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Karl Hanbury
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217,481
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3K’s Engineering Company Limited
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Paul Seabridge
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144,987
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3K’s Engineering Company Limited
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Goran Pregelj
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144,987
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3K’s Engineering Company Limited
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Ben Harbour
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144,987
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3K’s Engineering Company Limited
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Total
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10,568,656
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DETAILS OF THE LEGAL OR REGULATORY REQUIREMENTS IN THE APPLICANT’S HOME COUNTRY REGARDING THE CONDUCT OF TAKEOVERS AND THE ACQUISITION OF SIGNIFICANT VOTING RIGHTS TO WHICH THE APPLICANT IS SUBJECT:
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The Company is subject to the Provisions of the City Code on Takeovers and Mergers
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In respect of an update to a prior application announcement, the date of the original announcement should also be disclosed as follows:
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UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:
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NA
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