WNS Wensum

RNS Number:7296X
AIM
19 April 2004


          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:


The Wensum Company plc


COMPANY ADDRESS:


179 Northumberland Street, Norwich.


COMPANY POSTCODE:


NR2 4EE


COUNTRY OF INCORPORATION:


England & Wales


COMPANY BUSINESS:


The group's principal activities are the design manufacture and sourcing of high quality clothing for the retail
and corporate markets.


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):


7,808,916 ordinary shares of 5 pence each


CAPITAL TO BE RAISED ON ADMISSION:


None


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:


Stuart Randolph Lyons CBE  - Chairman (non executive)

Jean Ingrid Phillips                -  Chief Executive

David Michael Hall                -   Finance Director














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


A J Hughes                                     16.92%

J I Phillips                                        11.74%

D M Hall                                          11.74%

Fortress Finance Investments Inc.  15.12%
NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES:


None


ANTICIPATED ACCOUNTING REFERENCE DATE:


52 weeks ending on or about 31 January in each year


EXPECTED ADMISSION DATE:


18 May 2004
NAME AND ADDRESS OF NOMINATED ADVISER:


Williams de Broe Plc

1 Waterloo Street,

Birmingham.

B2 5PG


NAME AND ADDRESS OF BROKER:


Williams de Broe Plc

1 Waterloo Street,

Birmingham.

B2 5PG


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:


Not applicable


DATE OF NOTIFICATION:


19 April 2004


NEW/ UPDATE (see note):


New








QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:


The Official List of the UK Listing Authority. USM prior to admission to the Official List.


THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:


USM: 3 July 1989

Official List: May 1995


CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY
REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET:


The Directors confirm that the Company has adhered to all the legal and regulatory requirements applicable to its
trading on the Official List


AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE
LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:


www.wensum.co.uk


DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS
OF ITS INVESTMENT STRATEGY:


The Board believes that the best way of delivering shareholder value for the Wensum group in the long term is to
develop the successful, outsourcing Wensum Corporate business, which is based at Gatwick, where UK-based flair
and know-how are translated into competitive products which should enable the Company to gain market share. The
Wensum tailoring business, which is based in Norwich, is profitable, but production capacity has exceeded sales
and the division's marketing plan has not been fully effective. The management are now on the way to completing a
down-sizing operation in the Norwich facility. They are exploring manufacturing partnerships overseas and
intensifying efforts to penetrate new markets.


A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED
SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:


There has been no change to the financial or trading position of the company since the last financial period end.












A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILIABLE TO
IT OF ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:


The Directors have no reason to believe that, taking into account  The Wensum Company plc's available bank and
other facilities, the working capital available to it will be insufficient for at least twelve months from the
date of its admission.
DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:


There are no lock in arrangements pursuant to Rule 7 of the Aim Rules.


A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:


The Company is registered with CRESTCO. It has two market makers: Williams de Broe plc and Winterflood
Securities.


A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:


www.wensum.co.uk


INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:


There is no additional information.


A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A
FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION.  THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK
OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS.


www.wensum.co.uk


THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY.


Not applicable






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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