It has come to our attention that one or a number of overseas firms have contacted certain individual shareholders of LiDCO Group Plc ("LiDCO") concerning a proposed offer for their shares which may be false. The shareholder may be told that this is in respect of a takeover bid. Requests are made to shareholders for them to provide certain personal information,shareholding proof, and/or send funds to an escrow account in order to proceed.
LiDCO believe that this contact may be an example of advance fee fraud and/or recovery room fraud. The Financial Services Authority ("FSA") has warned that it is increasingly common for shareholders to receive unsolicited phone calls or correspondence concerning investment matters. These are typically from overseas based brokers who target UK shareholders. Shareholders are advised to be very wary of any unsolicited advice, offers to transact in shares or offers of free reports into our Company.
Any firm soliciting investments from private individuals in the UK needs to be authorised by the FSA to carry out investment business. The FSA maintains a register of authorised firms on www.fsa.gov.uk/register/.
If, after having checked the FSA website, you are in any doubt as to the action you should take or the legitimacy of any such offer or the request for information, LiDCO advises that you should immediately seek your own independent financial advice from your stockbroker, solicitor, accountant or other appropriate independent financial adviser duly authorised under the Financial Services and Markets Act 2000 (as amended) if you are resident in the United Kingdom or, if not, from another appropriately authorised independent financial adviser. You may also contact, if you so wish, the FSA in the United Kingdom.
Shares Issued
As at 12 December 2011 the number of shares in issue was 174,220,304.
Major Shareholders
As at 24 January 2012, shareholders holding more than 3% of the issued share capital of LiDCO Group Plc were:
Ingalls & Snyder LLC
29,166,594
16.74%
Cheviot Asset Management Limited
13,575,038
7.79%
H J Leitch
13,177,489
7.56%
P A Brewer
11,724,727
6.73%
T K O'Brien (Director)
11,516,563
6.61%
Liontrust Asset Management
10,341,416
5.94%
R M Greenshields
9,042,407
5.19%
D M Band
7,160,832
4.11%
Octopus Investments Limited
6,430,800
3.69%
Shares Not in Public Hands
In the terms of AIM Rules published in February 2010 and insofar as it is aware, as at 3 January 2012, 7.54% of the Company's AIM securities was not in public hands.
Restrictions in Transfer of AIM Securities
The directors may, in their absolute discretion and without giving any reason, refuse to register the transfer of a share in certificated form which is not fully paid provided that if the share is listed on the Official List of the UK Listing Authority or on the Alternative Investment Market of the London Stock Exchange ("AIM") such refusal does not prevent dealings in the shares from taking place on an open and proper basis.
Any circulars or similar publications sent to shareholders within the past 12 months.
LiDCO Ltd Sales and Marketing, Unit M South Cambridge Business Park, Babraham Road, Sawston, Cambridge CB22 3JH, UK Telephone: +44 (0) 1223 830666 Fax: +44 (0) 1223 837241 VAT number 672 4757 08
