Masti Radio - Ofcom Licensing

(ii) If there are firm plans to appoint any further directors, provide information (with details of any specific
individuals in mind). This information may be submitted in confidence.
At present we have no plans to appoint further directors.
(b) Proposed Investors and Shareholding Structure
Full details of the proposed shareholding structure should be provided, including:
(i) Names and addresses (the latter may be submitted in confidence) of all existing or proposed
shareholders.
Sunrise Radio (Yorkshire)
Mr. Mohammed Arshad Ali
Ms. Usha Parmar
Ms. Nighat Awan
Mr. Shahzad Irshad
Shareholders’ addresses can be found in Confidential Appendix CA2.
(ii) Total number, class/classes of shares and issue price of shares (specify voting, non-voting, preference,
other etc.).
A total of one million ordinary voting shares of £1.00 will be issued at par.
(iii) All voting shareholders and holders of 5% or more of non-voting shares and loan stock should be
named. State the number, class/classes and price of shares to be issued to each investor.
Sunrise Radio (Yorkshire) 450,000 Ordinary £1 voting shares
Mr Mohammed Arshad Ali 250,000 Ordinary £1 voting shares
Ms Usha Parmar 100,000 Ordinary £1 voting shares
Ms Nighat Awan 100,000 Ordinary £1 voting shares
Mr. Shahzad Irshad 100,000 Ordinary £1 voting shares
Total 1 Million Ordinary £1 voting shares
(iv) Outline any shareholders agreements or arrangements which exist
There are no shareholder agreements in place.
.
(v) Where a corporate body other than a current Ofcom licensee will be providing 30% or more of the
required funding, details should be given of its directors and main shareholders, and of its activities.
Not applicable, as Sunrise Radio (Yorkshire) is an existing Ofcom licensee.
(vi) Ofcom may request additional information (e.g. a banker's letter, statutory/management accounts)
regarding the shareholders, or any other providers of finance, listed in the application.
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