Escape Hunt

Dorcaster plc: Admission to AIM

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR TRANSMITTED, DISTRIBUTED TO, OR SENT BY ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES, OR OF OR IN ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.

This announcement is not an offer of securities for sale in the United States or in any other jurisdiction. Investors should not purchase any shares referred to in this announcement except on the basis of information in the admission document (the “Admission Document”) published by Dorcaster plc on 5 July 2016 in connection with the proposed admission of all of its ordinary shares to AIM, a market operated by the London Stock Exchange plc (“Admission”).  Copies of the Admission Document are available at the registered office of the Company and online at www.dorcasterplc.com, subject to applicable securities laws or regulations.

8 July 2016

DORCASTER plc

(“Dorcaster” or the “Company”)

ADMISSION TO AIM AND FIRST DAY OF DEALINGS

Dorcaster is pleased to announce that Admission of its ordinary shares to trading on the AIM market of the London Stock Exchange will take place, and dealings will commence, at 8.00am today under the TIDM code “DAR”.

The Company, together with Peel Hunt LLP (“Peel Hunt”), successfully raised approximately £9.7 million (before expenses) by placing 6,000,000 new ordinary shares at a placing price of 161 pence per share.  Dorcaster’s market capitalisation on Admission, based on the placing price, is £16.1 million.

Dorcaster has been formed by Richard Rose, Karen Jones and Hubert Van Den Bergh (the “Directors”) to create value for its investors through the acquisition and subsequent development of target businesses. The Directors’ intention is to acquire controlling stakes in one or more quoted or unquoted businesses or companies (in whole or in part) in the consumer and leisure sectors.

 

Enquiries:

 

Dorcaster plc

Alistair Rae, Company Secretary

 

Tel: +44 (0) 161 957 8888
Peel Hunt (Nominated Advisor and Broker)

Dan Webster

George Sellar

Adrian Trimmings

 

Tel: +44 (0) 207 418 8900

Important notice

Peel Hunt, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for the Company and no-one else in connection with Admission. Peel Hunt will not regard any other person as its client in relation to Admission and will not be responsible to anyone other than the Company for providing the regulatory protections afforded to its clients, nor for providing advice in relation to the contents of this announcement or any transaction, arrangement or other matter referred to herein.

Neither Peel Hunt, nor any of its directors, officers, employees, advisers or agents, accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

Neither the content of the Company’s website nor any website accessible by hyperlinks on the Company’s website is incorporated in, or forms part of, this announcement.

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