Cross Oak Inns plc - The Tax Shelter Report

Part VII – Statutory and general information
1. The Company
1.1 The Company was incorporated and registered in England and Wales on 3 June 2004 with
number 5144171 under the name Cross Oak Inns plc as a public company limited by shares
under the Act. The Company’s registered office is 82 St John Street, London EC1M 4JN.
1.2 The Company has no subsidiary companies (as defined in section 736 of the Act).
1.3 The principal activity of the Company is to be the ownership and management of pub restaurants.
1.4 On 14 September 2004, the Registrar of Companies issued the Company with a certificate under
section 117 of the Act entitling it to commence business and to exercise its borrowing powers.
2. Share Capital
2.1 Set out below are details of the authorised and issued share capital of the Company as at 29
September 2004 (the latest practicable date prior to the publication of this document) and the
authorised and issued share capital of the Company as it will be following Close of the Offer:
As at 29 September 2004
Ordinary Shares Authorised Issued and paid up
Number 20,000,000 625,794
Nominal value £10,000,000 £312,897
Following Close of the Offer (assuming Minimum Subscription)
Ordinary Shares Authorised Issued and paid up
Number 20,000,000 1,125,794
Nominal value £10,000,000 £562,897
Following Close of the Offer (assuming Maximum Subscription)
Ordinary Shares Authorised Issued and paid up
Number 20,000,000 3,625,794
Nominal value £10,000,000 £1,812,897
2.2 The Company was incorporated with an authorised share capital of £10,000,000 comprising
20,000,000 ordinary shares of 50p each. On incorporation two ordinary shares of 50p were
issued to the subscribers to the Memorandum of Association. On 3 June 2004, these ordinary
shares were transferred to Peter Eyles and Dinah Young, in consideration of their undertaking
to pay up such shares in full.
2.3 On 13 September 2004 the Company also allotted, in aggregate, 428,570 ordinary shares of
50p each in the capital of the Company at 70p per share, all fully paid up as follows:
Name
Number of
Ordinary Shares
Peter George Eyles 285,713
Dinah Joy Young 142,857
2.4 On 21 September 2004 the Company made a further allotment of 197,222 ordinary shares of
50p each in the capital of the Company fully paid up at 90p per share as follows:
Name
Number of
Ordinary Shares
Anthony Euan Richmond-Watson 165,000
Peter Loring Drown 11,111
Robin Jarrard Campbell Privett 10,000
Hugh William Whitbread 11,111
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