Business Information

Business Description

The principal activity of the Andrews Sykes group of companies is the hire, sale and installation of a range of equipment, including pumping, portable heating, air conditioning, drying and ventilation equipment. A review of the Group’s activities and an indication of likely future developments are set out in the Chairman’s Statement, the Strategic Report and the Directors’ Report on pages 2 to 23 of the 2018 Annual Report and Financial Statements which can be found in the Corporate Publications section.

Country of incorporation and main country of operation

The Company is registered in England, number 175912, and the main base of operations is the United Kingdom. The Group also operates in Northern Europe, primarily The Netherlands, Belgium, Italy, France and the United Arab Emirates.

CORPORATE GOVERNANCE

Details of the Company’s corporate governance procedures and committees can be found in the Corporate Governance section.

AIM Securities in issue

There are currently 41,858,744 ordinary shares of 1p each with voting rights in issue. The Company does not hold any shares in Treasury.

The only significant shareholder of which the company is aware is EOI Sykes Sarl which has a beneficial interest in 36,377,213 ordinary shares of 1p each (86.90% of the issued ordinary shares). EOI Sykes Sarl is ultimately controlled in equal proportions by two trusts, the Ariane Trust and the Eden Trust.

For the purposes of AIM Rule 26, the number of shares not in public hands is 38,068,648 (90.95% of the issued ordinary shares). There are no restrictions on the transfer of Andrews Sykes securities. The Company is quoted on the AIM market of the London Stock Exchange under the symbol ASY.L. The Company is not listed on any other exchanges of trading platforms.

OTHER INFORMATION

Stamp duty and stamp duty reserve tax are not chargeable on transactions in the Company’s shares. The Company is subject to the UK City Code on Takeovers and Mergers.

COMPANY REPORTS

Current and historic full year and half year financial statements and other corporate documentation can be found in the Corporate Publications section.

ANNOUNCEMENTS

Notifications made through the RNS can be found in the Announcements section.

Last updated: 12 February 2024