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Footasylum Limited (to be re-registered as Footasylum plc)


Offer details
Expected size of offer (M): 43.4
Expected first date of trading: 02/11/2017
Market: AIM
Location of address at which admission document will be available: Copies of the Company's Admission Document will be available free of charge to the public during normal business hours on any day (Saturdays, Sundays and public holidays excepted) at the offices of Eversheds Sutherland (International) LLP, 70 Great Bridgewater Street, Manchester, M1 5ES and the registered office of the Company, Sandbrook House, Sandbrook Park, Rochdale, Lancashire OL11 1RY from the date of the Admission Document until one month from the date of Admission in accordance with the AIM Rules. A copy of the Company's Admission Document will also be available on the Company's website at http://investors.footasylum.com/ The Admission Document will contain full details about the Company and the admission of the Ordinary Shares to trading on AIM.
Date at which admission document will be available: -

Advisors
Sponsor: -
Nominated Advisor (AIM Companies): GCA Altium Limited
Nominated Broker (AIM Companies): Liberum Capital Limited

Company details
Name Role
John Carruthers Wardle Executive Chairman
Clare Michelle Nesbitt Chief Executive Officer
Danielle Hazel Davies Chief Financial Officer
Stephen Peter Robertson Independent Non-Executive Director
Brendan Michael Hynes Independent Non-Executive Director
Barry Colin Bown (Proposed from June 2018) Executive Chairman

Facts and Figures
Fiscal year end: 28 February
Incorporated in: England and Wales
Website URL: http://investors.footasylum.com/
space
Description of business:
Footasylum is a UK-based lifestyle fashion retailer, focused on bringing to market footwear and apparel collections predominantly aimed at fashion-conscious 16 to 24 year-old customers. The Company operates a multi-channel proposition which combines a 60-strong store estate with a fast-growing eCommerce platform and a recently launched wholesale arm for distributing its own brand ranges via a netw...

Person(s) interested:
As at 26 October 2017 On Admission Shareholder Number of Ordinary Shares % Ordinary Shares Number of Ordinary Shares % Ordinary Shares David Martin Makin 5,070,000 6.5% 6,270,000 6.0% Thomas ("Tom") David Osborn Makin 7,800,000 10.0% 7,800,000 7.5% Amy Dawn Mason 7,800,000 10.0% 7,800,000 7.5% Clare Michelle Nesbitt 7,800,000 10.0% 7,800,000 7.5% John Carruthers Wardle 5,070,000 6.5% - - John Carruthers Wardle and John Stephen Riches in their capacity as trustees of The John Wardle 2016 Settlement* 44,460,000 57.0% 36,148,866 34.6% TOTAL 78,000,000 100.0% 65,818,866 63.0% * The Ordinary Shares held by John Carruthers Wardle and John Stephen Riches in their capacity as trustees of The John Wardle 2016 Settlement are divided into three separate sub funds, the beneficial interest of each of which is held as follows: As at 26 October 2017 On Admission Beneficiary Number of Ordinary Shares % Ordinary Shares Number of Ordinary Shares % Ordinary Shares Thomas David Osborn Makin 14,820,000 19.0% 12,259,176 11.7% Amy Dawn Mason 14,820,000 19.0% 10,169,690 9.7% Clare Michelle Nesbitt 14,820,000 19.0% 13,720,000 13.1% TOTAL 44,460,000 57.0% 36,148,866 34.6% As at 26 October 2017, there were 18,700,000 B preference shares of 1.00 each in issue (the "Preference Shares"), all of which are held by Thomas David Osborn Makin, Amy Dawn Makin, Clare Michelle Nesbitt and by John Stephen Riches and John Carruthers Wardle in their capacity as trustees of The John Wardle 2016 Settlement for the benefit of David Martin Makin, Thomas David Osborn Makin, Amy Dawn Makin and Clare Michelle Nesbitt (all together the "Preference Shareholders"). The Preference Shares will be redeemed by the Company shortly following Admission pursuant to a redemption agreement entered into on 26 October 2017 between the Company and the Preference Shareholders.


Footasylum Limited (to be re-registered as Footasylum plc)

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