Investor Information
AIM Rule 26 Information
This information has been compiled in compliance with the AIM Rule 26 requirements and was last updated on 25/11/09
Company Description, addresses and registration details:
JSJS Designs plc (AIM:JSJS), specialists in the design, development and manufacture of home automation systems to enable consumers to remotely operate everyday household appliances, such as lighting, heating, air conditioning, door entry, audio, video and security.
The Company is incorporated in England and Wales, company registration number 06690180 and is the holding company of JSJS Designs (Europe) Limited, a provider of home automation solutions, incorporated in England and Wales, company registration 06303513.
Registered office: c/o HW Fisher & Co, Acre House, 11-15 William Rd, London NW1 3ER
Trading address: Ezekiel House, Ezekiel Lane, Willenhall, West Midlands WV12 5QU.
The main country of operation is the UK, though its products are supplied internationally, mainly to Europe.
Company Trading Details
JSJS Designs PLC
Ezekiel House
Ezekiel Lane
Willenhall WV12 5QU
Tel: 01902 500 562
Website: www.jsjsdesigns.com
Email: investors@jsjsdesigns.com
Adviser Details:
| Auditors | HW Fisher & Co, Acre House, 11-15 William Rd, London NW1 3ER |
| Nomad & Broker | W. H. Ireland Limited 5th Floor, 85-89 Colmore Row, Birmingham B3 2BB |
| Registrars | Neville Registrars Limited, Neville House, 18 Laurel Lane, Halesowen, West Midlands B63 3DA |
| Financial PR | Golley Slater Group Limited, Suite 205, Fort Dunlop, Fort Parkway, Birmingham B24 9FD |
| Solicitors | BPE, St James House, St James Square, Cheltenham GL50 3PR |
| Bankers | HSBC Bank Ltd, 7 Commercial St, Halifax HX1 1HN |
Directors
Howard Cleveley Marshall, Non-executive Chairman
John Thomas Shermer, Chief Executive Officer
Frank Barry Tiller, Non-executive Finance Director
John Scot Sinclair, Chief Technical Officer
Peter Britton, Company Secretary
Statement of Directors' Responsibilities
Company law requires the Directors to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the Group and of the profit or loss of the Group for that period.
In preparing those financial statements, the Directors are required to:
a.select suitable accounting policies and then apply them consistently;
b.make judgements and estimates that are reasonable and prudent;
c.state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
d.prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Group and to enable them to ensure that the financial statements comply with the requirements of the Companies Act 1985 and Article 4 of the IAS regulation. They are also responsible for safeguarding the assets of the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The Group has two Board committees, which operate within defined terms of reference.
The Audit Committee, comprising Mr Tiller (Chairman) and Mr Britton, is responsible for reviewing the full and half year results. In addition, the Audit Committee monitors the framework of internal control.
The Remuneration Committee, comprising Mr Marshall (Chairman), Mr Shermer, Mr Tiller and Mr Sinclair, reviews the remuneration of the Executive Directors and any senior executive of the Group and considers the grant of options and payment of performance related bonuses.
Share Capital, Details of Significant Shareholders and Share Price
JSJS Design's authorised share capital is 1,000,000,000 Ordinary Shares of 0.1p each and the issued share capital comprises 200,000,000 Ordinary Shares of 0.1p each. In addition there are 50,000,000 Deferred Consideration shares of 0.1p each (non-trading).
The company's shares do not trade on any other exchange or trading platform. There are no restrictions on the transfer of the company's AIM securities save for the fact that the Directors are subject to lock in and orderly market agreements. These restrictions will expire 28 November 2009.
To view our current share price please click here
Significant Shareholders
| Name | ORD Shares on Admission | % on Admission | ORD Shares following issue of Deferred Consideration | % of Enlarged Share Cap |
|---|---|---|---|---|
| John Shermer | 50,000,000 | 25.0 | 75,000,000 | 30.0 |
| John Sinclair | 50,000,000 | 25.0 | 75,000,000 | 30.0 |
| Richard Chilvers | 10,000,000 | 5.0 | 10,000,000 | 4.0 |
The percentage of the Company's AIM securities that are not held in public hands is 52%.