Date Posted: 2010-03-08 14:25 New Issue: Baylon Holdings Limited to be renamed Ila Group Limited On 22 January 2010, the Company announced that it had completed the disposal of the business and assets of its operating subsidiary, Molectra Australia and thereafter would be an investing company with a policy of acquiring a company or business in the consumer retail and/or manufacturing sector.
Upon Re-admission, which is being sought as a result of a reverse take-over under AIM Rule 14, Baylon Holdings Ltd will have acquired the entire issued share capital of Ila Security Limited, the main business of the Company will be the manufacture and marketing of branded personal security and other devices designed, primarily, to appeal to women.
Upon Re-admission, Baylon will change its name to Ila Group Limited and its main country of operation will be the UK.
Listing exchange: AIM
Expected first day of trading: 2010-03-05
Expected money raised: None Any information, prospectus or other document, or any hypertext link to any of the aforesaid should not be construed as advice on investments or a personal recommendation by ALL IPO plc and is being offered on an execution-only basis. Any decision to invest should be made only after careful consideration of the relevant documentation and particularly after acceptance of the full terms and conditions relating to the specific investment opportunity. Share prices, values and income can go down as well as up and you may get back less than the amount you invested. If in doubt about the suitability of investments referred to in this communication and on our website, you should consult an investment adviser authorised under the Financial Services and Markets Act 2000. |
