| | Company Research: Marwyn Capital II Limited | The Company was admitted to AIM on 24 December 2009 as a special purpose vehicle with initial funding of £4.9 million (before expenses). As at that date, the stated strategy of the Company was to acquire one or more quoted or unquoted businesses or companies (in whole or in part) initially by way of a reverse takeover. The Company was established to focus on businesses or companies conducting activities wholly or mainly in the UK with particular focus on the leisure, healthcare, testing and inspection sectors. The Directors have reviewed a number of potential acquisition targets since the Company was admitted to AIM and, for the past six months, the Company's focus has been to review the leisure sector and to identify potential acquisition opportunities therein. Specifically, the Company has identified Paragon Creative Limited ("Paragon Creative") as a potential acquisition target which could be used as a platform from which to create value for its shareholders. Paragon Creative designs and produces third party attractions (including interactive exhibits, models and fully themed attractions) for museums, shopping malls, theme parks, science centres and other third party clients globally. In addition to identified organic growth and acquisitive growth opportunities, the opportunity exists to further leverage Paragon Creative's existing skill base and expand into the development, funding and operation of proprietary attraction concepts. The Company does not currently undertake any trading activity.
The Company will enter into conditional acquisition agreements to acquire the entire issued share capital of Paragon Creative, immediately prior to Re-Admission. Shortly after Completion Marwyn Capital Investments II Limited, a wholly-owned subsidiary of the Company will become the immediate parent company to Paragon Creative pursuant to the terms of an intra-group transfer arrangement.
The Acquisition will constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. Main country of operation: UK (via the reverse takeover of Paragon Creative). | | Technical Information | Registered Address | Charts | | Ticker Symbol | Not known | | ISIN Code | Not known | | Industry Sector | Not known | | Listing Exchange | AIM | | Trading Status | Pre-float | | First Trading Day | 22nd December 2011 |
| Marwyn Capital II Limited Address lookup pending. | Marwyn Capital II Limited has not commenced trading. | | Related News | | | Register Interest in this IPO | To register your interest in this IPO please enter your email address below |
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