DJ Aquis Stock Exchange: Application for admission to the AQSE GROWTH MARKET
Aquis Stock Exchange Aquis Stock Exchange: Application for admission to the AQSE GROWTH MARKET 14-Feb-2022 / 07:00 GMT/BST
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ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
APPLICANT NAME:
Majestic Corporation Plc
APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
Registered Office
1 High Street Mews
Wimbledon Village
London SW19 7RG
Principle Place of Business
1203 CC Wu Building
302 - 308 Hennessy Road
Wan Chai
Hong Kong
DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):
Peter Yu Pok Lai -Chairman and CEO
Man Bing ("Joe") Lee - CFO
Gianfranco Guerra - Executive Director
Christopher Paul Neoh - Non-Executive Director
Larry Carter Howick - Non-Executive Director
APPLICANT SECTOR:
Metals Recycling
DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
Majestic is a profitable business recycling precious and non-ferrous metals from obsolete mechanical and industrial
material including catalytic convertors, printed circuit boards, legacy electrical and electronic equipment (WEEE), and
industrial metal residues left over from manufacturing. The metals extracted for recycling include gold, platinum,
rhodium and palladium.
The company uses a network of partners to source, acquire, store, and process material and once the waste precious
metal is ready it is supplied to refineries, in countries such as Japan, for reconstitution and resupply in to the
global supply chain.
NAME OF AQSE CORPORATE ADVISER:
Guild Financial Advisory Limited
NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
[10,000,000] ordinary shares of GBP0.005 par value
SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in
treasury):
[15.52%]
SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT'S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
Li Ting Yang is the spouse of Peter Lai. Lionel Lai is their adult son.
Peter Lai [7,190,128 shares] [71.9%]
Li Ting Yang [719,192 shares] [7.19%]
Lionel Lai [539,259 shares] [5.39%]
TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
N/A - Admission will be by way of an Introduction
THE EXPECTED ADMISSION DATE:
28 February 2022
WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
www.majestic-corp.com
In respect of a fast-track applicant, the following information should also be included:
NAME OF MARKET ON WHICH THE APPLICANT'S SECURITIES ARE CURRENTLY TRADED:
N/A
ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANT'S SECURITIES:
CREST
DETAILS OF ANY LOCK-IN ARRANGEMENTS:
Peter Lai will enter into an Orderly Market Agreement for a period of 12 months from the date of admission.
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:
The Company is subject to the UK Takeover Code
In respect of an update to a prior application announcement, the date of the original announcement should also be disclosed as follows:
UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:
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Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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End of Announcement - EQS News Service
1279897 14-Feb-2022
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1279897&application_name=news
(END) Dow Jones Newswires
February 14, 2022 02:00 ET (07:00 GMT)
