Share Premium Account
June 26 2003 - 3:01AM
UK Regulatory
RNS Number:7926M
Surfcontrol PLC
26 June 2003
SurfControl plc
High Court Approval for Reduction of Share Premium Account
London, England (26 June, 2003) - SurfControl plc (London:SRF, Nasdaq Europe:
SRFC), the world's Number One Web and E-mail filtering company, is pleased to
announce that it has obtained the approval of the High Court for the reduction
of the Company's share premium account.
As explained in the circular sent to shareholders on 6 May 2003, the reduction
of the share premium account creates a distributable reserve, which will be
available in the future to return value to shareholders, if it is felt by the
Directors of the Company to be in shareholders' best interests to do so.
For further information:
SurfControl plc
Steve Purdham steve.purdham@surfcontrol.com +44 (0)1260 296 200
Simon Wilson simon.wilson@surfcontrol.com +1 831 431 1244
Tom Moriarty tom.moriarty@surfcontrol.com +44 (0)1260 296 200
ICIS
Caroline Evans-Jones info@icisnet.com +44 (0)207 628 1114
About SurfControl
SurfControl plc, the world's number one Web and e-mail filtering company, is the
only company in the security market offering a total content security solution
that combines Web and e-mail filtering technology with the industry's largest,
most accurate and relevant content database and adaptive reasoning tools to
automate content recognition. SurfControl is the leading content security
company in the secure content management market, which analysts expect to reach
nearly $5 billion by 2006.
SurfControl's Internet monitoring and policy management solutions are flexible,
scaleable and interoperable to meet the diverse needs of all its markets --
corporate, education, home and OEM. SurfControl, which can be installed in any
network environment, offers a choice of platform independent or integrated
solutions. SurfControl has world-class partners, including Microsoft, Check
Point, Cisco, IBM and Nokia, as well as a customer base that includes many of
the world's largest corporations. The company offers the most sophisticated yet
easy to use technology, the best understanding of market needs and a global
reach unmatched in the industry. SurfControl has been recognized as one of the
world's fastest growing technology companies having been recently ranked in the
top 100 companies within the Deloitte & Touche European Technology Fast 500.
SurfControl was also honoured as Company of the Year at the 2002 techMARK
Awards.
For further information and news on SurfControl, please visit http://
www.surfcontrol.com/
Caution concerning forward-looking statements
Any statements contained in this announcement that are not historical facts are
forward-looking statements. Although the Company believes that its plans,
intentions and expectations reflected in such forward-looking statements are
reasonable, a number of important factors could cause SurfControl's actual
future results to differ materially from those expressed in any such
forward-looking statements. The forward-looking statements herein speak only as
of today. SurfControl expressly disclaims any obligation or undertaking to
update or revise such information.
This information is provided by RNS
The company news service from the London Stock Exchange
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