AGM Statement
October 06 2010 - 11:08AM
UK Regulatory
TIDMADT
RNS Number : 9776T
AdEPT Telecom plc
06 October 2010
AdEPT Telecom plc
("AdEPT Telecom" or the "Company")
AdEPT Telecom is pleased to announce that at the Annual General Meeting ("AGM")
of the Company held at 11.00am today, all the proposed resolutions were duly
passed.
Roger Wilson, Chairman of AdEPT Telecom, commenting at the Company's AGM said:
"I am pleased to report that despite the current challenging economic conditions
the Company has continued to be highly cash generative. Net debt reduction of
GBP2m in the last 12 months has been achieved through continued focus on
underlying profitability and cash conversion."
Enquiries:
+------------------------------------------+----------------------+
| AdEPT Telecom Plc | |
| Roger Wilson, Chairman | 07786 111 535 |
| Ian Fishwick, Chief Executive | 01892 550 225 |
| John Swaite, Finance Director | 01892 550 243 |
| | |
+------------------------------------------+----------------------+
| Astaire Securities Plc | |
| Shane Gallwey | 020 7492 4750 |
+------------------------------------------+----------------------+
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent providers of voice and
data telecommunications solutions. The Company provides fixed line calls, line
rental, mobile and data connectivity solutions to thousands of residential and
business customers across the UK. AdEPT Telecom has strategic relationships
with tier-1 suppliers such as BT, Cable & Wireless and Carphone Warehouse. The
Company employs 54 members of staff at its offices in Tunbridge Wells, Kent.
AdEPT Telecom is listed on the London Stock Exchange (Ticker: ADT). For further
information please visit: www.adept-telecom.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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