RMR Rome Resources Plc

RNS Number:7429Y
AIM
21 February 2006


                                                                                                                        
                                                                                                                        
               ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
RICMORE PLC (TO BE RENAMED ENERGY ASSET MANAGEMENT PLC SUBJECT TO APPROVAL AT AN EGM ON 9 MARCH 2006)

COMPANY ADDRESS:
4th FLOOR, 44 SOUTHAMPTON BUILDINGS, LONDON

COMPANY POSTCODE:
WC2A 1AP

COUNTRY OF INCORPORATION:
ENGLAND

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN 
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:

ON 13 FEBRUARY 2006, RICMORE PLC ANNOUNCED THE PROPOSED ACQUISITION OF ENERGY ASSETS LIMITED ("EAL"). EAL WAS SET UP TO 
PROVIDE METER ASSET MANAGEMENT SERVICES, INCLUDING UTILISING NEW FORMS OF TECHNOLOGY, TO INDUSTRIAL AND COMMERCIAL USERS
OF GAS AND ELECTRICITY AND THEIR SUPPLIERS. THIS INCLUDES A RANGE OF ACTIVITIES FROM TECHNICAL SUPPORT, OPERATIONAL 
SERVICES, DATA COLLECTION AND MANAGEMENT OF SUPPLY CHAIN.  THIS TRANSACTION CONSTITUTES A REVERSE TAKEOVER UNDER THE AIM
RULES. RICMORE IS SEEKING RE-ADMISSION OF ITS EXISTING ORDINARY SHARES AND ADMISSION OF ITS NEW ORDINARY SHARES TO 
TRADING ON AIM.

EAL HAS DEVELOPED AND ESTABLISHED THE INFRASTRUCTURE TO SERVICE ITS METER ASSET MANAGER BUSINESS AND HAS SIGNED 2 
CONTRACTS WITH INDEPENDENT GAS SUPPLIERS. EAL'S SPECIFIC TARGET AREAS OF BUSINESS ARE INDUSTRIAL AND COMMERCIAL 
METERING, DATALOGGING (REMOTE METER READING) AND THE SUPPLY OF ELECTRICITY METERS. EAL HAS FOCUSED ON THESE AREAS TO 
DIFFERENTIATE ITSELF AS A KEY SERVICE PROVIDER.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which it 
seeks admission and the number and type to be held as treasury shares):
246,768,383 ORDINARY SHARES OF 1P EACH. ISSUE PRICE 1.5P.

CAPITAL TO BE RAISED ON ADMISSION:
#1,250,000

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
EXISTING DIRECTORS:

STEPHEN JOHN BARCLAY              NON-EXECUTIVE CHAIRMAN
JOHN RICHARD SHAW                 NON-EXECUTIVE DIRECTOR
LANCE ADRIAN WINGATE O'NEILL      NON-EXECUTIVE DIRECTOR



PROPOSED DIRECTORS

ALAN MCKEATING                    MANAGING DIRECTOR
JOHN EDWIN BUTLER                 FINANCE DIRECTOR
PHILIP BELLAMY-LEE                SALES DIRECTOR


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE
AND AFTER ADMISSION:


Before Admission:
                                       Number of Shares               Percentage of issued
                                                                      share capital
JOHN RICHARD SHAW                      1,000,000                      4.6
STEPHEN JOHN BARCLAY                   1,600,000                      7.3
LANCE O'NEILL                          1,450,000                      6.6
MARK SHEPPARD                          1,000,000                      4.6
GEOFFREY SMITH                         725,000                        3.3
BANK OF NEW YORK (NOMINEES) LIMITED    1,900,000                      8.7
PUMA NOMINEES LIMITED                  1,359,000                      6.2
ADDWORTH PLC                           1,200,000                      5.5
PHILIP JAMES MILTON                    750,000                        3.4
BEAR STEARNS SECURITIES CORP           700,000                        3.2
PETER REDMOND                          1,000,000                      4.6



After Admission
                                       Number of Shares               Percentage of issued
                                                                      share capital
JOHN RICHARD SHAW                      8,214,337                      3.3
STEPHEN JOHN BARCLAY                   13,722,357                     5.6
ALAN MCKEATING                         42,760,561                     17.3
PHILIP BELLAMY-LEE                     30,024,965                     12.2
ROBERT HATTON                          11,295,679                     4.6
GARY RIMMER                            7,423,068                      3.0
HOODLESS BRENNAN PLC                   13,333,333                     5.4
PERSHING KEEN NOMINEES LTD A/C GWCLT   20,000,000                     8.1




NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
CHATSFORD CORPORATE FINANCE LIMITED OF 1 CORNHILL, LONDON, EC3V 3ND
ACTIVE CORPORATE FINANCE LIMITED OF CHASE BUREAU REGISTER OFFICE SERVICES LTD, 1 ROYAL TERRACE, SOUTHEND ON SEA, SS1 1EA
LANCE O'NEILL OF 4TH FLOOR, 44 SOUTHAMPTON BUILDINGS, LONDON
WC2A 1AP

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 DECEMBER

EXPECTED ADMISSION DATE:
13 MARCH 2006

NAME AND ADDRESS OF NOMINATED ADVISER:
RUEGG & CO LIMITED
39 CHEVAL PLACE
LONDON SW7 1EW

NAME AND ADDRESS OF BROKER:
HICHENS HARRISON & CO PLC
BELL COURT HOUSE
11 BLOMFIELD STREET
LONDON
EC2M 1LB

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS 
WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
The Admission document contains full details regarding the applicant and the admission of its securities to AIM and is 
available from Ruegg & Co Limited at their address above

DATE OF NOTIFICATION:
21 FEBRUARY 2006

NEW/ UPDATE (see note):
NEW




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