Somero Enterprises®, Inc. is a leading manufacturer of technologically advanced concrete placing equipment and associated machinery. Somero® was founded in 1985 and has grown and prospered by delivering superior products to an international market.
Description of Business
Somero Enterprises®, Inc. is a leading manufacturer of technologically advanced concrete placing equipment and associated machinery. Somero Enterprises® was founded in 1985 and has grown and prospered by delivering superior products to an international market. Visit the About Somero® page.
Country of Incorporation
As the Company is incorporated in the USA, not the UK, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. For example, the company is not subject to the UK City Code on Takeovers and Mergers.
Main Country of Operation
The main country of operation is the USA.
Directors Name and Biographies
While the Company is not required to comply with the provisions of the Combined Code and the UK Corporate Governance Code, it is the intention of the directors that the Company will indeed comply with both codes. (PDF)
Exchanges and Trading Platforms
Number of Securities in Issue
- The Company has total issued shares of common stock equal to 56,425,598 with 183,477 of its shares in Treasury and 56,242,121 shares of common stock in issue excluding Treasury shares.
Shares Not in Public Hands
In the terms of AIM Rules published February 2007 and insofar as it is aware, at 19 May 2017, 24.33% of the company’s AIM securities were not in public hands.
Stamp Duty Reserve Tax
The shares of Somero Enterprises, Inc.® are not subject to UK stamp duty reserve tax
US Restrictions on Share Transfers
The shares of Somero Enterprises, Inc.® have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act), and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act or pursuant to an exemption from the registration requirements under the U.S. Securities Act.