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(KIO.L) Kiotech International PLC Buy/Sell
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| Date/Time | Headline | Source |
|---|---|---|
| 1 | ||
| 13-10-09 | RNS |
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13 October 2009
The Board of Kiotech is pleased to announce the appointment of David Michael Alexander Bullen, aged 36, as Chief Operating Officer of Kiotech with immediate effect. David has been employed by Kiotech since July 2007 as General Manager of Kiotechagil, responsible for the day to day commercial management of the agricultural business and instrumental in setting up Kiotech's wholly owned subsidiary in China. Previously, David worked for the Animal Health division of Novartis where he was Head of Sales and Marketing for the Benelux region. David will play a key role in the integration process following the acquisition of Optivite. Richard Rose, Chairman, commented `I am delighted to welcome David to the Board, and am confident he will make a significant contribution in helping the team build a successful business in the animal feed additive and nutrition sector.' Under the Group's enterprise incentive scheme and unapproved share scheme Mr Bullen has the right to acquire Ordinary shares as follows: 500,000 at 3.5p 750,000 at 1.38p 6,000,000 at 3.0p There are no further matters to be disclosed under paragraph (g) of schedule 2 of the AIM Rules for Companies.
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| 08-10-09 | RNS |
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For filings with the FSA include the annex For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
underlying issuer
of existing shares to which voting
rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or
boxes):
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please
specify):
to the
notification obligation: iii
(if different from 3.):iv
date on
which the threshold is crossed or
reached: v
crossed or reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible transaction using the ISIN CODE
334
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FSA website. More |
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| 05-10-09 | RNS |
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Form TR-1 with annex. FSA Version 2.1 updated April 2007 For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the
underlying issuer of existing shares Kiotech International
2. Reason for notification (yes/no)
An acquisition or disposal of financial instruments
which may result in the acquisition of shares already No
issued to which voting rights are attached
subject to notification
obligation:
date on which the threshold is
crossed or reached if
different):
notified:
crossed or reached: 8: Notified Details A: Voting rights attached to shares
possible
use ISIN
code
Ord 1p
B: Financial Instruments Resulting situation after the triggering transaction
Total (A+B)
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: ISIS EP LLP
Proxy Voting:
proxy holder will cease to hold: 12. Date on which proxy holder n/a will cease to hold voting rights: 13. Additional information:
For notes on how to complete form TR-1 please see the FSA website. More |
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| 05-10-09 | RNS |
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
underlying issuer
of existing shares to which voting
rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or
boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
Other (please
specify):
notification obligation: iii
4. Full name of shareholder(s)
(if different from 3.):iv
date on
which the threshold is crossed or
reached: v
crossed or reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible transaction using the ISIN CODE
527 527 527
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held, if applicable: xxi
4.46889 Indirect Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FSA website. More |
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| 05-10-09 | RNS |
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Kiotech International plc
The Company announces that, under the terms of The Kiotech International plc
Enterprise Management Incentive Scheme (the "Scheme"), the Company has, on 5
October 2009, granted options to the directors set out in column (1) of the
table below to acquire, at 3 pence per share, the number of ordinary shares of
be exercised, over the number of shares set out in column (3) of the table, at any time after the closing mid-market price of a share has exceeded the price set out in column (4) of the table for 10 consecutive dealing days or in the event of a change of control of the Company.
(1) (2) (3) (4)
Name of contact and telephone number for queries: Richard Edwards, Chief Executive Tel. No. 07776 417129 FinnCap Matthew Robinson / Rose Herbert Tel. No. 020 7600 1658 5 October 2009 More |
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| 05-10-09 | RNS |
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
underlying issuer
of existing shares to which voting
rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or
boxes):
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please
specify):
to the
notification obligation: iii
(if different from 3.):iv
date on
which the threshold is crossed or
reached: v
crossed or reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible transaction using the ISIN CODE
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FSA website. More |
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| 05-10-09 | RNS |
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Kiotech International PLC
In accordance with the FSA's Disclosure and Transparency Rules, the Company advises that at the close of business on 1 October 2009 its issued share capital comprised 420,898,929 ordinary shares of 1p each. The voting rights of all of these shares are identical with each share carrying the right to one vote. The Company holds no ordinary shares in Treasury. The above figures may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Kiotech, under the Disclosure and Transparency Rules. For more information, please contact: Kiotech International PLC Richard Edwards, CEO +44 (0)777 641 7129 FinnCap Matthew Robinson/Charles Cunningham +44 (0)20 7600 1658 More |
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| 30-09-09 | RNS |
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30 September 2009
Kiotech is pleased to announce that at today's Extraordinary General Meeting (the `EGM') all resolutions contained in the notice of meeting were duly passed.
On 27 August 2009 Kiotech announced that it had entered into a conditional
agreement to acquire Optivite Group and a conditional placing agreement to raise
shareholder approval at today's EGM. Application has been made for admission to trading on AIM of 169,820,233 Ordinary Shares to be issued pursuant to the acquisition and the placing and this is expected to occur at 8:00am tomorrow, 1 October 2009.
As announced on 27 August 2009, Richard Scragg, Chairman of Optivite Group,
Scragg is aged 55 years and is currently a director of Optivite Limited, Optivite International Limited and Springhead Fine Ale Limited.
Kiotech is also pleased to announce the appointment of Karen Prior as Group
Finance Director and Company Secretary of Kiotech, with effect from 1 October
Centre Securities PLC, a UK listed real estate company. A list of Karen Prior's previous directorships is provided in the appendix below
Contacts:
474
Appendix
Karen Lesley Prior, aged 49 years, has held the following directorships in the
last 5 years:
Town Centre Securities PLC
TCS Holdings Limited
TCS Freehold Investments Limited
TCS Leasehold Investments Limited
TCS Finance Limited
Limited TCS Properties Limited Town Centre Enterprises Limited TCS (Bolton) Limited TCS (Residential Conversions) Limited TCS (Residential) Limited TCS (Bothwell Street) Limited TCS Piccadilly Limited TCS Piccadilly (2) Limted TCS Whitehall Riverside Limited Town Centre Car Parks Limited TCS (EX TCCP) PLC
T Herbert Kaye's Estates Limited
Blackpool Markets Limited
The Merrion Centre Limited
TCS Trading Limited
Limited Town Centre Services Limited Town Centre Securities (Developments) Limited Tassgander Limited Emett Exhibitions Limited TCS Trustees Limited TCS (Mill Hill) Limited TCS (Isleworth) Limited TCS (Greenhithe) Limited Woodhall Street Limited Riverside (Leeds) Limited TCS PLC
TCS (Parliament Street 1) Limited
TCS (Parliament Street 2) Limited
TCS Car Parks Limited
Town Centre Securities (Manchester)
Limited
TCS Property Management Limited
Dundonald (Cumbernauld) Limited
TCCP (Clarence Dock) Limited
TCS (Milngavie) Limited
Dundonald Property Developments Two
Limited
Limited
TCS Eastgate Limited
Q-Park (UK) Limited
BCP Limited
Q-Park & Fly Limited
Q-Park Developments Limited
Q-Park Employment Services Limited
Q-Park Finance Limited
Q-Park Glasgow Limited
Q-Park Kingston No.2 Limited
Q-Park Kingston No.1 Limited
Q-Park Limited
Q-Park Liverpool Limited
Q-Park NI Limited
Q-Park Securities Limited
Q-Park Taunton Limited
Air Park Glasgow Limited
Flyaway Car Storeage
Surrey Street Car Park Limited
Universal Parking Limited
Universal Parking Management Limited
There are no further matters to be
schedule 2 of the AIM Rules for
Scragg or Karen Prior. END
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| 27-08-09 | RNS |
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27 August 2009
Kiotech, the international supplier of natural high performance feed additives to enhance growth, health and sustainability in aquaculture and agriculture, is pleased to announce the proposed acquisition of Optivite Group and the placing of new shares to raise £4.75 million. Highlights
one of the largest independent animal nutrition and feed additive businesses in the United Kingdom with sales of £17,520,000
Herbert Kiotech is pleased to announce that is has entered into a conditional agreement to acquire Optivite Group (comprising Optivite Ltd and Optivite International Ltd) and a conditional placing agreement to raise £4,752,307 (before expenses) through an institutional placing of new Ordinary Shares at 3 pence per share through FinnCap, the Company's Nominated Adviser and broker. The price payable for Optivite Group, calculated on a debt and excess cash free basis, is £3,423,000, of which £342,300 is to be satisfied by the issue of shares with the remaining consideration payable in cash. The cash consideration payable is to be funded from the proceeds of the Placing. A circular to shareholders concerning the proposed acquisition and Placing and containing notice of an Extraordinary General Meeting to be called for 10:00 a.m. on 30 September 2009 to seek approval for the Placing will shortly be sent to shareholders and made available for download from Kiotech's web-site. Information on Optivite Group
Optivite Group is one of the largest independent animal nutrition and feed
additive businesses in the United Kingdom. Founded in 1987, Optivite Group
specialises in the design, development and manufacture of non-hazardous, drug-
free animal products for the maintenance and enhancement of feed quality, which
Group's team of nutritionists and animal husbandry specialists provide advice, service and product knowledge to diverse customers ranging from the large poultry integrators through to feed compounders and home-mix farmers. Through its international division, Optivite Group supplies to more than 30 countries worldwide predominantly using local distributors. Optivite Group does not prepare statutory consolidated group accounts. For the year ended 28 February 2009, Optivite Group had combined sales of £17,520,000 and combined profit before tax of £654,000. Combined net assets of Optivite Group being acquired by Kiotech are estimated to be £1,800,000 subject to confirmation in the completion accounts. Approximately 80 per cent of Optivite Group's sales were made in the United Kingdom. Combined with Kiotech's sales, the Directors estimate the Enlarged Group's sales split will be around 66 per cent UK and 34 per cent international. Details of the Acquisition
Kiotech has conditionally agreed to acquire the entire issued share capital of
Optivite Ltd and all those shares in Optivite International Ltd not held by
Optivite Ltd for an aggregate of £3,423,000 on an excess cash free and debt free
completion (of which £300,000 will be paid into a retention account) and
£342,300 being satisfied by the issue, credited as fully paid at the placing
price, of the consideration shares to the shareholders of Optivite Ltd and
consideration is to be adjusted, and potentially increased, to the extent that
Optivite Group's net cash and net operating assets as at 30 September 2009
differ from agreed targets. To the extent that the net cash and net operating
assets are lower than the agreed targets Kiotech will be paid the difference
from the retention account. Any outstanding balance will be released to the
conditional, inter alia, on the passing of the resolutions at the Extraordinary General Meeting and on completion of the placing. Richard Scragg, Chairman of Optivite, will join the Board at completion of the acquisition and will enter into a new service agreement with Kiotech under which he will be employed as an executive director of Optivite. Mr. Scragg's new service agreement provides for a one year fixed term, after which his employment will be terminable by either party giving six months notice (to terminate no earlier than the end of the one year fixed term, with the earliest date for giving of notice being six months after completion of the acquisition). Details of the Placing and the financing of the acquisition The acquisition will be financed from the Placing proceeds. Under the Placing, FinnCap, as agent for Kiotech, has conditionally placed 158,410,233 shares at a price of 3 pence per share to raise £4,752,307 before expenses. The Placing is subject, inter alia, to admission and to the terms of a Placing Agreement between FinnCap and the Company, which contains, inter alia, warranties and indemnities in favour of FinnCap in relation to the Group and any information made available to investors relating to the Placing. The Placing shares will, when issued, rank pari passu in all respects with the existing ordinary shares, including the rights to all dividends and other distributions declared, made or paid following admission. Application will be made for the Placing shares to be admitted to trading on AIM. Venture Capital Trusts The Directors have obtained confirmation from the HM Revenue & Customs that the Ordinary Shares will be eligible shares for the purposes of Section 285(3) ITA 2007 and may be part of a qualifying holding for the purposes of Chapter 4 of Part 6 provided that the investment in Placing Shares is made out of money raised before 6 April 2006.
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