AIM Information

The following information is disclosed in accordance with Rule 26 of the AIM Rules:


Incorporation Details:

Colefax Group is incorporated in England (Registration Number 1870320) which is also its main country of operation.

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Directors:

David Green – Chairman and Chief Executive, Age 70

David Green has been Chief Executive of Colefax Group since 1986 and Chairman and Chief Executive since 1996. Prior to joining Colefax he was a founder and executive director of Carlton Communications Plc. He was a non-executive director of Carlton Communications from 1986 until 2004. He is a member of the Remuneration Committee

Robert Barker – Group Finance Director, Age 52

Robert Barker is a graduate of Bristol University and trained as a Chartered Accountant with Arthur Young (now Ernst and Young). He joined Colefax Group Plc in 1989 as Group Chief Accountant. He was Commercial Director of the Fabric Division from 1992 to 1994 and was appointed Group Finance Director in July 1994. He is a member of the Audit Committee.

Key Hall – Chief Executive of Cowtan and Tout Inc, Age 50

Key Hall joined the Group in 1993 to set up and run the company’s Los Angeles showroom. Prior to that Key had held various sales positions in the high end fabric industry. She was made Chief Executive of the Group’s US subsidiary company Cowtan and Tout in 1999.

Wendy Nicholls – Managing Director Decorating Division, Age 68

Wendy Nicholls joined Colefax and Fowler in 1975 and was made a partner in the decorating division in 1979. She has been Managing Director of the Decorating Division and a Group Board Director since 1994

Alan Smith – Non-Executive Director, Age 75

Alan Smith is a graduate of Edinburgh University and has held a wide variety of executive and non executive directorships including 15 years as an executive director of Marks and Spencer Plc and two years as Chief Executive of Kingfisher Plc. He has been a non-executive director of Colefax Group Plc since 1993 and is a member of the Remuneration Committee and the Audit Committee.

All members of the Group Board act as a Nomination Committee.

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Company Advisors:

Nominated Advisors and Stockbrokers:

Peel Hunt LLP
Moor House
120 London Wall
London EC2Y 5ET

Auditors:

BDO LLP
55 Baker Street
London W1U 7EU

Solicitors:

King & Wood Mallesons
10 Queen Street Place
London EC4R 1BE

Bankers:

HSBC Bank plc
31 Holborn
London EC1N 2HR

Registrars:

Computershare Investor Services PLC
The Pavilions
Bridgwater Road
Bristol BS99 7NH
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Listing Particulars:

The company was floated on the main market of the London Stock Exchange in 1998 and moved to AIM in August 2004. Please see the pdf file below for the original Listing Particulars

 Listing Particulars

 AIM Information

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Company and Shareholder Details:

Securities:

The Group currently has 10,220,000 ordinary shares in issue with a nominal value of 10p each. There are no shares held in treasury.

Group Directors and the Colefax Group Plc ESOP currently hold 3,730,233 shares or 36.50% of the total. These are held as follows:

David Green 3,148,681
Colefax Group Plc ESOP 60,000
Wendy Nicholls 97,350
Robert Barker 218,102
Key Hall 161,100
Alan Smith 45,000

The Group’s main shareholders are as follows:

David Green 3,148,681 – 30.81%
Rights and Issues Investment Trust PLC 2,050,000 – 20.06%
Schroder PLC 1,938,234 – 18.97%
Hunter Hall Investment Management 456,479 – 4.47%

In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 84.44%. This percentage comprises the holdings of Rights and Issues Investment Trust PLC, Schroder PLC, Discretionary Unit Fund Managers, Hunter Hall Investment Management, Colefax Group Plc ESOP along with shareholdings of David Green, Robert Barker, Wendy Nicholls, Key Hall and Alan Smith, as directors that currently hold shares in the Company.

Last Updated: 28th July 2016

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Corporate Governance:

The company is not formally required to comply with the UK Corporate Governance Code, however, the Board seeks to apply the principles of good corporate governance wherever practical given the confines of a smaller company. The whole Board acts as a Nomination Committee. The Board has identified the principal business and financial risks facing the Group and documented the key control procedures that are in place to manage these risks. This document is subject to review by the Audit Committee and updated on a regular basis

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UK City Code on Takeovers and Mergers:

The company is subject to the UK City Code on Takeovers and Mergers.

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