Schedule 1 - Netcall plc
July 15 2010 - 12:51PM
UK Regulatory
TIDMNET TIDMTPH
RNS Number : 4405P
AIM
15 July 2010
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| ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION |
| IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM |
| RULES") |
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| |
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| COMPANY NAME: |
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| Netcall plc |
| |
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| COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY |
| TRADING ADDRESS (INCLUDING POSTCODES) : |
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| 10 Harding Way |
| St Ives |
| Cambridgeshire |
| PE27 3WR |
| |
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| COUNTRY OF INCORPORATION: |
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| UK |
| |
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| COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY |
| AIM RULE 26: |
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| www.netcall.com |
| |
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| 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: |
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| Netcall is a Cambridge based company and its ordinary shares are |
| admitted to trading on |
| AIM. Netcall designs, develops and markets a range of callback, |
| auto messaging and contact and workforce management solutions to |
| organisations of a wide range of sizes and industry sectors, |
| including many blue-chip companies. Netcall generates revenue |
| from software licences, plus support and maintenance and the |
| provision of its products through a software as a service (SaaS) |
| model. The run rate aggregate revenues from support and |
| maintenance and the SaaS model are of a recurring nature and |
| exceed the Netcall Group's operating costs. |
| |
| On 1 June 2010, Netcall and Telephonetics plc ("Telephonetics") |
| announced that they had agreed the terms of a recommended |
| acquisition by Netcall of the entire ordinary share capital of |
| Telephonetics. Telephonetics is a UK-based company quoted on AIM |
| that provides business solutions that enable its clients to |
| streamline the interaction with their own customers, thereby |
| enhancing service levels, increasing efficiency and reducing |
| overall operating costs. These solutions are built on its own |
| platforms: SEMAP+ communications platform (Speech Enabled |
| Multi-Application Platform) which blends advanced speech |
| recognition and voice automation; and Eden which enables data |
| integration. |
| |
| Netcall identified Telephonetics' product portfolio and customer |
| base as being complementary to Netcall and believes that the |
| acquisition is synergistic. The acquisition of Telephonetics is |
| a reverse take-over for Netcall under Rule 14. |
| |
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| 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): |
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| Re-admission of up to 121,822,293 ordinary shares of 5 pence |
| each (assuming no Netcall shares are issued pursuant to the |
| exercise of options or warrants over Netcall shares prior to |
| admission of the new Netcall shares and that all in-the-money |
| options held by Telephonetics option holders are exercised) |
| |
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| CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND |
| ANTICIPATED MARKET CAPITALISATION ON ADMISSION: |
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| No capital will be raised on admission. Expected market |
| capitalisation - to be confirmed. |
| |
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| PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: |
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