AIM Filings: 10-Day Announcement

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES (“AIM RULES”)

COMPANY NAME:

Shellshock Limited

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

60 Market Square, PO Box 1764 , Belize City , Belize , Central America

COUNTRY OF INCORPORATION:

Belize

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.shellshocklimited.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Shellshock is a recently formed strategic investment company incorporated in Belize as an international business company under the IBCA.

Shellshock’s primary objective is to invest in either one or more quoted or unquoted businesses. Its investment targets may have been set up by entrepreneurs who have good strategic plans and need financial backing to develop their business. Shellshock will focus its search for investment targets on the business and consumer services sectors.

Shellshock will bring to bear the considerable skills and experience of its Board in investing in and managing businesses and will seek a level of influence in its investee businesses commensurate with its investment. Shellshock’s activities will be located in the English-speaking world where the Directors have the appropriate expertise and experience to evaluate a potential target and conduct due diligence into the proposed acquisition.

The Directors anticipate that they will identify an appropriate investment target within approximately the next twelve months. No such investment has been identified yet. If an appropriate investment target is not found within 5 years of the date of Admission, Shellshock will return any remaining funds to Shellshock Shareholders.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

6,000,000 ordinary shares of 50 pence each

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Market cap: £5 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

74.7%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):
  • Peter Michael Reeder Gaze – Non-Executive Director;
  • Philip Charles Johnson – Non- Executive Director;
  • Philip Thomas Osborne – Non-Executive Director;
  • Andrew Stephen Wilson – Non-Executive Director
FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Before admission: Carlisle Group Limited 100%; After admission Lord Ashcroft, KCMG – 74.7%

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

  1.  ANTICIPATED ACCOUNTING REFERENCE DATE
  2. DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED
  3. DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 March (ii) 14 September 2007 (iii) 31 December 2007, 30 September 2008, 31 December 2008

EXPECTED ADMISSION DATE:

26 October 2007

NAME AND ADDRESS OF NOMINATED ADVISER:

Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS

NAME AND ADDRESS OF BROKER:

Fyshe Horton Finney Limited, Charles House, 148-149 Great Charles Street , Birmingham B3 3HT

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS. This contains all details about the applicant or where the information is available.

DATE OF NOTIFICATION:

12 October 2007

NEW/ UPDATE:

New